This story was published more than 1 year ago.
Australian betting firm Ainsworth Game Technology has posted their latest full-year financial results, noting a 66% drop in post-tax profits.
Key financial indicators for the full year ending June 30th, 2019 were:
Commenting on the results Ainsworth CEO Lawrence Levy said, "I am confident AGT can drive improved long-term growth by leveraging its excellent reputation, focusing R&D and complementing organic performance with selective acquisitions.
"My initial observations as the new CEO are that we have a strong footprint in major markets, scale and growing recurring revenues. With an increased focus on investing in game technology and new product development, I expect our domestic performance to progressively improve and our international success to continue.
"While the FY19 results are relatively weak, AGT is capable of delivering improved performance. We have a professional and motivated workforce, an excellent industry reputation and a well-established footprint across all our markets."