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Inspired Entertainment, Inc.

INSE Nasdaq Services-Prepackaged Software Financials FY2016โ€“FY2025

Last close ยท Oct 23, 2026

$3.17

2.8%
Revenue Total sales reported in the income statement.
$304M
2.4% vs prior year
Operating margin Operating income as a share of revenue.
10.0%
0.3ย pts
Net income Profit after all expenses, interest and tax.
โˆ’$17.0M
126.2%
Free cash flow Cash from operations minus capital spending.
$16.3M
10.9%
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
7.9%
3.0ย pts
Market cap Last close times the latest diluted share count, so it is approximate.
$92.8M
Oct 23 close
P/E Last close divided by diluted earnings per share over the last four quarters.
โ€”
On โˆ’$0.32 EPS (TTM)

What Inspired Entertainment, Inc. does

No business description yet.

Legal name
Inspired Entertainment, Inc.
Fiscal year ends
December 31, 2025
Latest annual report
10-K ยท Mar 10, 2026
Accession ยท CIK
0001493152-26-009479
0001615063

Revenue and margins

Inspired Entertainment, Inc. had $304M of revenue in fiscal 2025, up 2.4% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was $16.3M in fiscal 2025, 5.4% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Inspired Entertainment, Inc. returned $0.4M to shareholders in fiscal 2025, 2% of free cash flow. The diluted share count fell 0.5%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Balance sheet

Cash, debt and the ratios that show how comfortably Inspired Entertainment, Inc. can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY21FY22FY23FY24FY25
Cash and short-term investments $47.8M$25.0M$40.0M$29.3M$43.3M
Debt incl. finance leases $320M$285M$321M$336M$381M
Net debt / EBITDA 12.7x3.8x3.6x4.1x4.1x
Interest coverage โˆ’0.1x1.8x1.4x1.0x0.8x
Current ratio 1.5x1.7x1.5x1.5x2.2x
Quick ratio 1.3x1.3x1.2x1.3x2.0x
Total assets $309M$290M$343M$438M$440M
Total liabilities $417M$373M$419M$442M$456M
Shareholders' equity โˆ’$107Mโˆ’$82.8Mโˆ’$75.9Mโˆ’$3.3Mโˆ’$16.2M
Net debt (โˆ’ = net cash) $272M$260M$281M$307M$338M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โ€œPlanโ€ marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$0.0M

0 insiders

Of sales under plans

โ€”

$0.0M

No open-market insider trades in the last 12 months.

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8โ€“9 is strong, 0โ€“2 weak.

TestFY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Net income is positive โœ• โœ• โœ“ โœ• โœ• โœ• โœ“ โœ“ โœ“ โœ•
Cash from operations is positive โœ“ โœ“ โœ“ โ€” โœ“ โœ“ โœ“ โœ“ โœ“ โœ“
Return on assets rose โ€” โœ“ โœ“ โœ• โœ• โœ“ โœ“ โœ• โœ“ โœ•
Cash from operations exceeds net income โœ“ โœ“ โœ“ โ€” โœ“ โœ“ โœ“ โœ“ โœ• โœ“
Debt fell relative to assets โ€” โœ“ โœ• โœ• โœ• โœ• โœ“ โœ“ โœ“ โœ•
Current ratio rose โ€” โœ“ โœ• โœ“ โœ“ โœ“ โœ“ โœ• โœ• โœ“
Share count didn't rise โ€” โœ• โœ• โ€” โ€” โœ• โœ• โœ• โœ“ โœ“
Gross margin rose โ€” โœ• โœ“ โ€” โ€” โœ• โœ• โœ• โ€” โ€”
Revenue rose relative to assets โ€” โœ• โœ“ โ€” โ€” โœ“ โœ“ โœ• โœ• โœ“
F-score โ€” / 35 / 96 / 9โ€” / 4โ€” / 65 / 97 / 94 / 95 / 85 / 8
Accruals ratio โˆ’41.4%โˆ’32.9%โˆ’9.8%โ€”โˆ’32.1%โˆ’13.6%โˆ’2.8%โˆ’15.1%8.5%โˆ’15.7%
Altman Z'' โˆ’6.83โˆ’6.17โˆ’6.57โ€”โˆ’5.01โˆ’5.01โˆ’3.71โˆ’3.19โˆ’1.98โˆ’1.67

10 years of figures

Amounts in USD. Hover a ratioโ€™s name for its definition.

Download CSV
Fiscal yearFY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Income statement
Revenue $47.7M $45.1M $141M โ€” $200M $206M $285M $323M $297M $304M
Gross profit $43.9M $34.2M $119M โ€” $154M $154M $190M $194M โ€” โ€”
Research and development $3.4M $5.2M $4.8M โ€” $15.1M $13.8M $18.3M $20.3M $22.7M $19.4M
Operating income โˆ’$1.3M โˆ’$11.9M โˆ’$7.3M โ€” โˆ’$18.0M โˆ’$4.5M $46.5M $38.9M $30.7M $30.5M
Interest expense $58.3M $29.4M $20.6M โ€” $30.0M $44.3M $25.3M $27.7M $29.4M $37.3M
Pretax income โˆ’$59.6M โˆ’$48.9M $13.5M โ€” โˆ’$56.4M โˆ’$42.2M $23.3M $11.9M $1.8M โˆ’$5.9M
Income tax $0.3M $0.2M โˆ’$0.2M โ€” $0.4M โˆ’$1.6M $2.1M $5.0M โˆ’$63.0M $11.1M
Net income โˆ’$59.9M โˆ’$49.1M $13.3M โˆ’$20.6M โˆ’$56.8M โˆ’$40.6M $21.2M $6.9M $64.8M โˆ’$17.0M
Net income to common โ€” โ€” โ€” โ€” โ€” โ€” $21.2M $6.9M $64.8M โ€”
Diluted EPS โˆ’$5.11 โˆ’$2.68 $0.59 โ€” โˆ’$2.39 โˆ’$1.66 $0.73 $0.24 $2.22 โˆ’$0.58
Diluted shares 0.01B 0.02B 0.02B โ€” 0.02B 0.02B 0.03B 0.03B 0.03B 0.03B
Cash flow
Cash from operations $18.6M $18.3M $34.2M โ€” $47.8M $2.4M $29.6M $54.7M $31.7M $52.0M
Capital expenditure $9.5M $15.1M $24.8M โ€” $15.3M $11.3M $20.6M $32.0M $17.0M $35.7M
Free cash flow $9.2M $3.1M $9.4M โ€” $32.5M โˆ’$8.9M $9.0M $22.7M $14.7M $16.3M
Depreciation and amortization $22.4M $18.4M $20.3M โ€” $29.9M $25.9M $21.5M $39.6M $43.3M $52.4M
Stock-based compensation โ€” $4.2M $7.4M โ€” $4.8M $13.0M $10.8M $11.2M $7.6M $6.7M
Share buybacks โ€” โ€” โ€” โ€” โ€” โ€” $10.4M $1.6M โ€” $0.4M
Dividends and buybacks โ€” โ€” โ€” โ€” โ€” โ€” $10.4M $1.6M โ€” $0.4M
Balance sheet
Cash and short-term investments $1.5M $20.0M $22.5M $29.1M $47.1M $47.8M $25.0M $40.0M $29.3M $43.3M
Total debt $412M $123M $132M $271M $313M $317M $283M $319M $313M $363M
Finance lease liabilities โ€” โ€” $0.6M $0.1M $0.8M $2.8M $2.2M $2.4M $23.0M $18.1M
Deposits โ€” โ€” $3.7M $1.9M $1.6M โ€” โ€” โ€” โ€” โ€”
Current assets $44.7M $63.2M $58.6M $95.3M $109M $124M $129M $156M $160M $158M
Current liabilities $58.8M $61.2M $64.3M $88.1M $94.9M $81.9M $74.9M $101M $104M $70.8M
Inventory $7.7M $5.0M $5.2M $18.8M $17.6M $15.5M $30.3M $32.3M $28.0M $18.5M
Property and equipment, net $49.2M $43.5M $45.7M $79.3M $65.5M $50.9M $43.5M $60.7M $56.4M $60.5M
Goodwill $45.7M $47.1M $45.8M $80.9M $63.0M $62.2M $55.5M $58.8M $57.8M $62.1M
Intangible assets $12.2M $9.2M $5.7M $7.7M $7.7M $17.4M $14.6M $13.4M $16.1M $14.0M
Total assets $190M $219M $208M $327M $324M $309M $290M $343M $438M $440M
Total liabilities $486M $221M $232M $387M $426M $417M $373M $419M $442M $456M
Preferred stock $0.0M โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
Shareholders' equity โˆ’$296M โˆ’$48.2M โˆ’$24.5M โˆ’$61.7M โˆ’$129M โˆ’$107M โˆ’$82.8M โˆ’$75.9M โˆ’$3.3M โˆ’$16.2M
Margins
Gross margin 92.1% 75.9% 84.0% โ€” 77.0% 74.8% 66.6% 60.2% โ€” โ€”
Operating margin โˆ’2.7% โˆ’26.4% โˆ’5.2% โ€” โˆ’9.0% โˆ’2.2% 16.3% 12.0% 10.3% 10.0%
EBITDA margin 44.2% 14.4% 9.2% โ€” 6.0% 10.4% 23.9% 24.3% 24.9% 27.3%
Net margin โˆ’125.5% โˆ’109.0% 9.4% โ€” โˆ’28.4% โˆ’19.7% 7.5% 2.1% 21.8% โˆ’5.6%
FCF margin 19.2% 7.0% 6.6% โ€” 16.3% โˆ’4.3% 3.2% 7.0% 4.9% 5.4%
Returns
Return on capital โˆ’0.9% โˆ’17.2% โˆ’8.6% โ€” โˆ’10.3% โˆ’2.2% 24.2% 12.5% 10.9% 7.9%
Return on capital employed โˆ’1.0% โˆ’7.5% โˆ’5.1% โ€” โˆ’7.9% โˆ’2.0% 21.6% 16.1% 9.2% 8.3%
Return on assets โˆ’31.5% โˆ’24.0% 6.2% โˆ’7.7% โˆ’17.4% โˆ’12.8% 7.1% 2.2% 16.6% โˆ’3.9%
Growth
Revenue growth โ€” โˆ’5.6% 213.9% โ€” โ€” 3.0% 38.2% 13.5% โˆ’8.0% 2.4%
Net income growth โ€” โ€” โ€” โˆ’254.9% โ€” โ€” โ€” โˆ’67.5% 839.1% โˆ’126.2%
EPS growth โ€” โ€” โ€” โ€” โ€” โ€” โ€” โˆ’67.1% 825.0% โˆ’126.1%
FCF growth โ€” โˆ’65.8% 199.9% โ€” โ€” โˆ’127.4% โ€” 152.2% โˆ’35.2% 10.9%
Share count change โ€” 56.1% 23.2% โ€” โ€” 2.9% 19.2% 0.4% โˆ’0.1% โˆ’0.5%
Financial health
Net debt / EBITDA 19.5x 15.9x 8.4x โ€” 22.4x 12.7x 3.8x 3.6x 4.1x 4.1x
Interest coverage โˆ’0.0x โˆ’0.4x โˆ’0.4x โ€” โˆ’0.6x โˆ’0.1x 1.8x 1.4x 1.0x 0.8x
Current ratio 0.8x 1.0x 0.9x 1.1x 1.1x 1.5x 1.7x 1.5x 1.5x 2.2x
Quick ratio 0.6x 1.0x 0.8x 0.9x 1.0x 1.3x 1.3x 1.2x 1.3x 2.0x
Capital allocation
Capex / revenue 19.9% 33.6% 17.5% โ€” 7.7% 5.5% 7.2% 9.9% 5.7% 11.7%
Stock comp / revenue โ€” 9.4% 5.2% โ€” 2.4% 6.3% 3.8% 3.5% 2.6% 2.2%
Payouts / FCF โ€” โ€” โ€” โ€” โ€” โ€” 115.6% 7.0% โ€” 2.5%
Quality scores
Piotroski F-score โ€” 5.0 6.0 โ€” โ€” 5.0 7.0 4.0 5.0 5.0
Altman Z'' โˆ’6.8 โˆ’6.2 โˆ’6.6 โ€” โˆ’5.0 โˆ’5.0 โˆ’3.7 โˆ’3.2 โˆ’2.0 โˆ’1.7
Accruals ratio โˆ’41.4% โˆ’32.9% โˆ’9.8% โ€” โˆ’32.1% โˆ’13.6% โˆ’2.8% โˆ’15.1% 8.5% โˆ’15.7%

Source: SEC EDGAR XBRL filings (CIK 0001615063). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ€” not investment advice. Check the original filings before relying on any figure.

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