Australia
Ainsworth forecasts 93% drop in 1H pre-tax profit on weak North American sales
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Ainsworth Game Technology expects to report a profit before tax of approximately $710,000 for the six months ending June 30th, 2026, a sharp decline from the $9.93 million recorded in the previous corresponding period.
In an update to the ASX on May 22nd, 2026, Ainsworth said total revenue for the half-year is forecast at approximately AU$116 million ($82.86 million), down roughly 24 percent from AU$152.1 million ($108.64 million) in the previous corresponding period and below the AU$138.7 million ($99.07 million) reported in the six months ended December 31st, 2025.
 
The company attributed the decline primarily to weaker performance in North America, citing reduced outright sales, fewer units under gaming operations, increased competitive pressure, and adverse economic conditions in the region.
 
By contrast, the Asia-Pacific region is expected to deliver a revenue increase of approximately 4 percent on the previous corresponding period, supported by the rollout of the Raptor cabinet and subsequent cabinet variations released in early 2026. The region is forecast to contribute approximately 31 percent of total revenue, up from 23 percent, with segment margins improving to 25 percent from 23 percent. In Latin America and Europe, revenue is expected to fall by approximately 13 percent, although segment margins are projected to improve.
 
Underlying EBITDA, excluding currency impacts, is expected to be approximately AU$13 million ($9.29 million), compared with AU$26.9 million ($19.21 million) in the previous corresponding period.
 
Net debt is forecast to rise to approximately AU$14 million ($10 million) from AU$11.8 million ($8.43 million) at December 31st, 2025. Investment in research and development is expected to represent approximately 22 percent of total revenue, up from 18.5 percent in the second half of 2025.
 
Chief Executive Officer Ryan Comstock said new sales and product strategy leadership had been appointed in North America following organizational changes in the latter part of FY25. “Our strategy reflects initiatives implemented, resulting in the improvements in Australian revenues, which is helping to offset ongoing challenging market conditions and competitive pressures across our international markets, while maintaining investment in product development,” he said.
 
Dingnews.com 26/05/2026
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