Aristocrat H1 revenue up 7% despite “unprecedented challenges”

By Owain Flanders

Aristocrat saw operating revenue of AU$2.25bn (US$1.47bn) for H1 of its financial year, a rise of 7% year-on-year.

EBITDA was AU$707.6m, down 8%, while profit after tax was AU$1.31bn, up 277% from the previous year.

Operating cash flow also increased to $620m, a rise of 42%.

The supplier saw a 6% decrease in land-based revenue; however, this was offset by 19% growth in digital revenue.

Aristocrat’s Class III installed base grew 9%, while its Class II installed base grew 2%.

As of 31 March, Aristocrat had AU$1.8bn of liquidity available on a pro forma basis.

Aristocrat CEO and managing director, Trevor Croker, commented: "Aristocrat delivered a result for the half year to 31 March 2020 that demonstrates our core strengths and the relevance of our product-led strategy, despite the unprecedented challenges generated by the COVID-19 pandemic.

"Our progress in driving share through outstanding product and diversifying revenue streams – including across attractive digital genres and titles – are also evident in this result."

Earlier this week, the Australian gaming supplier announced it priced a new US$500m term loan B facility that will mature in October.

The aim of the loan is to preserve the company’s strong balance sheet metrics, with the proceeds meant for general corporate purposes.


Share This Post


More News

The launch of the online gaming market in the Netherlands has been further delayed after the Dutch Remote Gambling Act (Koa) was pushed back by a month. Minister for Legal Protection Sander...

This article originally appeared in the November/December edition of Gambling Insider magazine: Steve Donoughue, who oversees Britain’s foremost gambling licensing & compliance advisory service, tells Gambling Insider his thoughts on the...