Aristocrat Releases Latest Financial Results

Australian gaming giant Aristocrat Leisure Limited has released its 2021 financial results, noting that revenues rose 14.4% to A$4.74 billion.

Key financial indicators for the year ending September 30th, 2021 were:

• Digital revenues up 4.6% to A$2.47 billion, with the company having 7 of the top 100 mobile games in the US
• Americas revenues up 33.4% to A$1.82 billion
• Australian and New Zealand revenues of A$399.8 million, up 42.5%
• International Class 3 revenues were A$44.9 million, down 65.8% from last year
• Unallocated expenses up 13.4% to A$641.9 million
• Design and development expenses were A$527.6 million
• Corporate expenses were A$112 million
• Foreign exchange losses were A$2.3 million
• Normalised profit after tax and before amortisation of acquired intangibles were A$864.7 million, up 81.4%
• EBITDA were up 43% for A$1.54 billion

Commenting on the results Aristocrat CEO Trevor Croker said, "The results and momentum we've delivered this year demonstrates the successful execution of our growth strategy.

"We continued to take share and deliver above-category organic growth over the year through sustained investment in outstanding product, people and capability, and further strengthening our business fundamentals."

"Aristocrat's recommended offer to acquire Playtech, announced after period end, is another demonstration of our appetite to accelerate the implementation of our strategy through accretive M&A, in particular where it can deliver new capabilities and access to significant growth opportunities.

"We are focused on achieving necessary approvals, and continue to expect the acquisition to complete in the second quarter of calendar year 2022."