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PlayAGS | 10-K: Annual report

PlayAGS | 10-K:年度报表

SEC announcement ·  03/06 09:18
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PlayAGS, a leading designer and supplier of electronic gaming machines (EGMs) and other products for the gaming industry, has reported a 15.2% increase in total revenues year-over-year, reaching $356.5 million for the year ended December 31, 2023. The company's financial performance was bolstered by a 7.3% rise in gaming operations revenue and a significant 35.8% surge in equipment sales. Operating expenses saw a 10.2% increase, while income from operations jumped by 51.2%. Interest expenses rose by 41.4%, primarily due to a higher effective interest rate. Despite these costs, PlayAGS achieved a net income of $428 thousand, recovering from a net loss of $8.0 million in the previous year. The EGM segment was a key driver of growth, with a 6.9% increase in gaming operations revenue and a 34.0% increase in...Show More
PlayAGS, a leading designer and supplier of electronic gaming machines (EGMs) and other products for the gaming industry, has reported a 15.2% increase in total revenues year-over-year, reaching $356.5 million for the year ended December 31, 2023. The company's financial performance was bolstered by a 7.3% rise in gaming operations revenue and a significant 35.8% surge in equipment sales. Operating expenses saw a 10.2% increase, while income from operations jumped by 51.2%. Interest expenses rose by 41.4%, primarily due to a higher effective interest rate. Despite these costs, PlayAGS achieved a net income of $428 thousand, recovering from a net loss of $8.0 million in the previous year. The EGM segment was a key driver of growth, with a 6.9% increase in gaming operations revenue and a 34.0% increase in equipment sales. The Table Products segment also saw substantial growth, with an 18.7% increase in total revenues, driven by a 302.9% increase in equipment sales. The Interactive segment's revenue grew by 15.6%, attributed to regulated North American real money gaming (RMG) market opportunities. PlayAGS's future plans include focusing on growth opportunities within the regulated North American RMG market, as indicated by their strategic refocusing of resources.
游戏行业电子游戏机(EGM)和其他产品的领先设计师和供应商PlayAGS报告称,总收入同比增长15.2%,截至2023年12月31日的年度达到3.565亿美元。该公司的财务业绩受到博彩运营收入增长7.3%和设备销售大幅增长35.8%的支持。运营费用增长了10.2%,而运营收入增长了51.2%。利息支出增长了41.4%,这主要是由于更高的有效利率。尽管付出了这些代价,但PlayAGS还是实现了42.8万美元的净收入,从去年的800万美元净亏损中恢复过来。EGM细分市场是增长的关键驱动力,游戏运营收入增长了6.9%,设备销售增长了34.0%。在设备销售增长302.9%的推动下,餐桌产品板块也实现了大幅增长,总收入增长了18.7%。互动板块的收入增长了15.6%,这要归因于受监管的北美真钱游戏(RMG)市场机会。PlayAGS的未来计划包括将重点放在受监管的北美RMG市场内的增长机会上,正如其对资源的战略调整所表明的那样。
游戏行业电子游戏机(EGM)和其他产品的领先设计师和供应商PlayAGS报告称,总收入同比增长15.2%,截至2023年12月31日的年度达到3.565亿美元。该公司的财务业绩受到博彩运营收入增长7.3%和设备销售大幅增长35.8%的支持。运营费用增长了10.2%,而运营收入增长了51.2%。利息支出增长了41.4%,这主要是由于更高的有效利率。尽管付出了这些代价,但PlayAGS还是实现了42.8万美元的净收入,从去年的800万美元净亏损中恢复过来。EGM细分市场是增长的关键驱动力,游戏运营收入增长了6.9%,设备销售增长了34.0%。在设备销售增长302.9%的推动下,餐桌产品板块也实现了大幅增长,总收入增长了18.7%。互动板块的收入增长了15.6%,这要归因于受监管的北美真钱游戏(RMG)市场机会。PlayAGS的未来计划包括将重点放在受监管的北美RMG市场内的增长机会上,正如其对资源的战略调整所表明的那样。
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