Australian gaming giant Aristocrat Leisure has posted their full year financial results, noting that revenues were 15.3% higher thanks in large part to digital growth.
Key financial indicators for the year ending September 30th, 2017 were:
- Revenues of A$2.45 billion, up 15.3% from last year
- EBITDA of A$1 billion, up 24.2%
- Net Profit After Tax up 41.3% to A$495.1 million
- Net Debt cut by 35.1% to A$652.3 million
- Dividends per share of A$0.34, up 36%
Speaking about the deal Aristocrat CEO Trevor Croker said, "Aristocrat delivered high quality results over the 2017 fiscal year, against a backdrop of mostly flat markets and increasing competitive pressure."
"Industry leading content, hardware and technology, coupled with effective execution focused on our highest value opportunities once again underpinned our performance."
"Further growth in our core recurring revenue segments of gaming operations and digital social casino was particularly pleasing, with 52% of group revenues deriving from recurring sources during the year as well as growth in outright sales over the period."
"This represents further progress in ensuring Aristocrat delivers sustainable returns and cashflow over time, consistent with our strategy and shareholders' interests."
The financial results come a day after Aristocrat announced that they had purchased Big Fish Gaming for $990 million in cash.