The prominent Australian gaming enterprise, Aristocrat Leisure Limited, disclosed interim earnings of AU$2.75 billion (roughly US$1.92 billion) for the period concluding March 31, 2022. This signifies a substantial 23% surge in contrast to the corresponding period the previous year.
The corporation’s earnings before interest, taxes, depreciation, and amortization (EBITDA) witnessed even more remarkable expansion, escalating by 30% to AU$970.3 million. This bolstered their EBITDA margin by 1.9 percentage points to a robust 35.3%.
Renowned for its well-liked slot machines and digital games, Aristocrat also proclaimed a 41% year-over-year rise in normalized net profit after amortization and excluding acquisition-related intangible asset amortization, attaining US$580 million.
The firm ascribed this strong showing to various elements, encompassing the ongoing enlargement and diversification of its Pixel United mobile gaming segment and its land-based gaming activities. They also emphasized the vigorous growth in direct gaming machine sales, propelled by the relaxation of COVID-19 limitations and heightened customer expenditure in their high-performing offerings.
Trevor Croker, Aristocrat’s CEO and Managing Director, remarked on the outcomes, stating, “Aristocrat furnished a resilient and adaptable performance despite blended operational circumstances and obstacles. We undertook proactive steps to safeguard both our workforce and our enterprise while persisting in substantial investments to expedite our future growth strategy.”
He elaborated, “Our sustained investment in personnel, technology, and products empowers us to persistently capture market share across all our domains and yielded substantial top and bottom-line growth in the initial half of fiscal 2022.”
Were increasing our focus on expanding our online real-cash gaming options, both through internal development and strategic acquisitions of high-potential studios. This unlocks a wealth of possibilities for us to deliver top-tier games to our player base. Our objective is to establish ourselves as the premier destination for online real-money gaming, and we’re targeting the introduction of our i-Gaming offerings in two additional U.S. states by the close of 2022.”