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Inspired Reports First Quarter 2021 Results
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th with social distancing; All UK restrictions expected to be lifted on June 21
st following COVID-19-related closures for the entirety of the first quarter 2021
Established Third Quarter 2021 Adjusted EBITDA Guidance of $28 million-$30 million
Liquidity position remains strong with cash of approximately $41.2 million and undrawn Revolver capacity of approximately $27.6 million
1
First Quarter Aggregate Online Revenue
2 increased 90%
First Quarter Net Loss of $16.7 million, including $3.1 million of VAT-related income
First Quarter Adjusted EBITDA
3 of $3.9 million, including $3.1 million of VAT-related income NEW YORK, May 10, 2021 Inspired Entertainment, Inc. ( Inspired ) (NASDAQ: INSE) today reported financial results for the three-month period ended March 31, 2021.
United-statesUnited-kingdomWashingtonItalyIllinoisCanadaPolandMichiganSpainTurkeyGreeceMacauHighlight Games strengthens Turkish position with Sisal Sans rollout Share
Virtual sports producer
Sisal Sans – a joint venture between Italy’s
Sisal and Turkey’s
Demirören Holding.
Under the terms of the agreement, Highlight will supply Sisal Sans retail venues with games featuring real and exclusive archive football footage.
The group’s Soccerbet product will include Turkish football league content, including material from the top-flight
Super Lig, under the
‘Serbest Vurus Pro’ brand.
Soccerbet has been made available in over 650 Sisal Sans shops, and is expected to be launched in a further 2,000 retail locations by the end of Q2 2021.
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