Inspired Entertainment Inc. (INSE) Financial Statements (2024 and earlier)

Company Profile

Business Address 250 WEST 57TH STREET, SUITE 415
NEW YORK,, NY 10107
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
9/30/2018
9/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments25,00047,80047,10029,10022,45120,028
Cash and cash equivalents25,00047,80047,10029,10022,45120,028
Receivables58,40049,10027,50024,20014,30220,469
Inventory, net of allowances, customer advances and progress billings30,30016,90017,60018,8005,2105,011
Inventory30,30016,90017,60018,8005,2105,011
Derivative instruments and hedges, assets     747 
Other undisclosed current assets13,20012,60016,80023,20015,84217,692
Total current assets:126,900126,400109,00095,30058,55263,200
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization    4,100
Operating lease, right-of-use asset16,00010,10012,5009,400
Property, plant and equipment45,10050,90065,50079,30045,70743,485
Long-term investments and receivables    2,200  
Long-term investments    700  
Accounts and financing receivable, after allowance for credit loss    1,500  
Intangible assets, net (including goodwill)84,700120,50091,400100,70051,54156,316
Goodwill55,50082,70083,70080,90045,81847,076
Intangible assets, net (excluding goodwill)29,20037,8007,70019,8005,7239,240
Contract with customer, asset, after allowance for credit loss7,000    
Deferred costs      
Other noncurrent assets3,8007,100  12,1149,589
Other undisclosed noncurrent assets3,70016,70045,70036,40039,99846,433
Total noncurrent assets:160,300205,300215,100232,100149,360155,823
TOTAL ASSETS:287,200331,700324,100327,400207,912219,023
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:52,70065,70063,70060,00030,80141,660
Taxes payable12,30014,4006,6002,0473,134
Accounts payable23,70020,80017,90022,20014,40020,407
Accrued liabilities29,00032,60031,40031,20014,35418,119
Other undisclosed accounts payable and accrued liabilities      
Deferred revenue12,0007,70011,50010,100
Debt1,0009006002,7004747,931
Other liabilities2,6003,9002,5001,9003,8514,420
Deferred revenue and credits7,209
Other undisclosed current liabilities6,6003,30016,60013,40017,215 
Total current liabilities:74,90081,50094,90088,10052,34161,220
Noncurrent Liabilities
Long-term debt and lease obligation, including:278,800318,300306,900275,700131,294123,859
Long-term debt, excluding current maturities277,600309,000297,500270,500131,225115,396
Capital lease obligations69532
Finance lease, liability1,2001,900200 
Other undisclosed long-term debt and lease obligation      7,931
Liabilities, other than long-term debt19,1009,90024,00022,9007,54130,899
Deferred revenue and credits20,144
Deferred revenue2,8006,80011,40017,700
Liability, pension and other postretirement and postemployment benefits     (5,257)3,423
Other liabilities4,0003,10010,9005,2005,0346,368
Operating lease, liability12,3007,4009,2005,200
Derivative instruments and hedges, liabilities   1,700 7,764964
Other undisclosed noncurrent liabilities     29,2035,374
Total noncurrent liabilities:297,900328,200330,900298,600168,038160,132
Total liabilities:372,800409,700425,800386,700220,379221,352
Equity
Equity, attributable to parent(85,600)(78,000)(101,700)(59,300)(12,467)(2,329)
Common stock     22
Additional paid in capital378,200372,300324,600320,600328,452323,429
Accumulated other comprehensive income50,80043,80031,10045,10058,58053,145
Accumulated deficit(514,600)(494,100)(457,400)(425,000)(399,501)(378,905)
Total equity:(85,600)(78,000)(101,700)(59,300)(12,467)(2,329)
TOTAL LIABILITIES AND EQUITY:287,200331,700324,100327,400207,912219,023

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

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
9/30/2018
9/30/2017
Revenues281,600208,900199,800153,400141,38145,050
Revenue, net122,544
Cost of revenue
(Cost of Goods and Services Sold)
(71,400)(34,300)(30,100)(23,500) (26,684)
Gross profit:210,200174,600169,700129,900141,38118,366
Operating expenses(40,400)(48,600)(148,900)(121,300)(110,489)(103,522)
Other undisclosed operating income (loss)(123,800)(126,600)(14,400)(21,600)(38,204)73,259
Operating income (loss):46,000(600)6,400(13,000)(7,312)(11,897)
Nonoperating expense(23,300)(37,700)(38,400)(28,000)(13,102)(37,033)
Other nonoperating income (expense)1,1005,700(4,700)3,2004,134(218)
Interest and debt expense(25,300)(44,300)(30,600)(27,800)(20,648)(29,358)
Loss from continuing operations before equity method investments, income taxes:(2,600)(82,600)(62,600)(68,800)(41,062)(78,288)
Other undisclosed income from continuing operations before income taxes25,30044,30030,60027,80020,64829,358
Income (loss) from continuing operations before income taxes:22,700(38,300)(32,000)(41,000)(20,414)(48,930)
Income tax expense (benefit)(2,100)1,600(400)100(182)(184)
Income (loss) from continuing operations:20,600(36,700)(32,400)(40,900)(20,596)(49,114)
Loss before gain (loss) on sale of properties:(36,700)(32,400)(40,900)(20,596)(49,114)
Net income (loss):20,600(36,700)(32,400)(40,900)(20,596)(49,114)
Other undisclosed net loss attributable to parent    (200)  
Net income (loss) available to common stockholders, diluted:20,600(36,700)(32,400)(41,100)(20,596)(49,114)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
9/30/2018
9/30/2017
Net income (loss):20,600(36,700)(32,400)(40,900)(20,596)(49,114)
Other comprehensive income (loss)7,00012,700(14,000)(10,800)5,43520,040
Comprehensive income (loss):27,600(24,000)(46,400)(51,700)(15,161)(29,074)
Other undisclosed comprehensive loss, net of tax, attributable to parent    (200)  
Comprehensive income (loss), net of tax, attributable to parent:27,600(24,000)(46,400)(51,900)(15,161)(29,074)

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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