Accel Entertainment, Inc. (ACEL) Financial Statements (2024 and earlier)

Company Profile

Business Address 140 TOWER DRIVE
BURR RIDGE, IL 60527
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 79 - Amusement And Recreation Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments256,178230,851134,451136,403513372
Cash and cash equivalents224,113198,786134,451125,403513372
Short-term investments 32,06532,065 11,000  
Receivables11,704 3,3413,907  
Inventory, net of allowances, customer advances and progress billings6,941     
Inventory6,941     
Prepaid expense7,4076,9985,5494,15135135
Derivative instruments and hedges, assets8,555     
Other current assets8,42710,1468,6437,034  
Total current assets:299,212247,995151,984151,495548507
Noncurrent Assets
Property, plant and equipment211,844152,251143,565119,201  
Asset, held-in-trust     456,920 
Other noncurrent assets351,713215,827264,692238,621  
Other undisclosed noncurrent assets      450,000
Total noncurrent assets:563,557368,078408,257357,822456,920450,000
TOTAL ASSETS:862,769616,073560,241509,317457,467450,507
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10,6078,8865,853 252157
Employee-related liabilities8,8865,853   
Accrued liabilities10,607   252157
Deferred revenue1,4872,0791,6081,700
Debt23,46617,50018,25015,000  
Business combination, contingent consideration, liability7,64713,3443,01310,293  
Other undisclosed current liabilities46,69830,02623,66627,953  
Total current liabilities:89,90571,83552,39054,946252157
Noncurrent Liabilities
Long-term debt and lease obligation518,566324,022321,891334,692  
Long-term debt, excluding current maturities518,566324,022321,891334,692  
Liabilities, other than long-term debt55,79618,90725,00734,154  
Deferred revenue5,1373,9534,0644,752
Deferred income tax liabilities37,0212,248 12,976
Other liabilities3,390     
Operating lease, liability 3,376   
Business combination, contingent consideration, liability6,87212,70620,94316,426  
Other undisclosed noncurrent liabilities19,91242,84833,082 15,75015,750
Total noncurrent liabilities:594,274385,777379,980368,84615,75015,750
Total liabilities:684,179457,612432,370423,79216,00215,907
Temporary equity, carrying amount     436,465429,599
Equity
Equity, attributable to parent, including:178,590158,461127,87185,5255,0005,000
Common stock999   
Treasury stock, value(81,697)(8,983)    
Additional paid in capital194,157187,656179,549105,986 5,375
Accumulated other comprehensive income12,240 93   
Retained earnings (accumulated deficit)53,881(20,221)(51,780)(20,470)4,999(376)
Other undisclosed equity, attributable to parent    911
Total equity:178,590158,461127,87185,5255,0005,000
TOTAL LIABILITIES AND EQUITY:862,769616,073560,241509,317457,467450,507

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues969,797734,707316,352424,385  
Cost of revenue(709,128)(533,354)(249,386)(309,949)  
Cost of goods and services sold(4,775)(494,032)(211,086)(271,999)  
Gross profit:260,669201,35366,966114,436  
Operating expenses(163,814)(131,161)(91,645)(101,100)(804)(376)
Operating income (loss):96,85570,192(24,679)13,336(804)(376)
Nonoperating income
(Investment Income, Nonoperating)
     7,670 
Interest and debt expense  (1,152)(13,707)(14,001)  
Income (loss) from continuing operations before equity method investments, income taxes:96,85569,040(38,386)(665)6,866(376)
Other undisclosed income (loss) from continuing operations before income taxes(2,093)(22,464)21,058   
Income (loss) from continuing operations before income taxes:94,76246,576(17,328)(665)6,866(376)
Income tax expense (benefit)(20,660)(15,017)16,918(5,199)  
Income (loss) from continuing operations:74,10231,559(410)(5,864)6,866(376)
Income (loss) before gain (loss) on sale of properties:31,559(410)(5,864)6,866(376)
Net income (loss) available to common stockholders, basic:74,10231,559(410)(5,864)6,866(376)
Dilutive securities, effect on basic earnings per share   (909)   
Net income (loss) available to common stockholders, diluted:74,10231,559(1,319)(5,864)6,866(376)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):74,10231,559(410)(5,864)6,866(376)
Other comprehensive income (loss)(4,693) (36)   
Comprehensive income (loss):69,40931,559(446)(5,864)6,866(376)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent16,933(93)129   
Comprehensive income (loss), net of tax, attributable to parent:86,34231,466(317)(5,864)6,866(376)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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