Hey Big Daz, the results were hotter than my Calabrese Pizza with special chillies grown from my Uncle Guido,s garden mate...
Pretty easy to lookup... Online Dunno if i would be buying up here at these prices, but on a decent pull back shit yea... For a long term hold absolutely. If they keep growing at this rate and they don't get taken out by a competitor, some good money to be made here imo. Only 90 million shares on issue. Matty Wilson the CEO recons the Co is on track for their 1.4 bill plus EBITA target in 2025.
On February 27, 2024, Light & Wonder Inc (LNW) released its 8-K filing, announcing its fourth quarter and full year 2023 results.
- Consolidated Revenue: In Q4, consolidated revenue grew by 13%, reaching $770 million. For the full year, revenue soared to $2.9 billion, marking a 16% increase from the previous year1.
- Net Income: Net income surged to $67 million in Q4, a significant leap from the $21 million reported in the prior year period1.
- Adjusted NPATA: In Q4, adjusted NPATA reached $109 million1.
- Free Cash Flow: Free cash flow improved to $70 million in Q4, recovering from a negative $148 million in the prior year period1.
- Debt Management: The net debt leverage ratio decreased to 3.1x, remaining within the targeted range of 2.5x to 3.5x1.
- Capital Return: The company returned $170 million to shareholders through share repurchases in 20231.
These impressive results underscore Light & Wonder Inc's strategic investments and strong execution in a competitive market. However, challenges remain, including navigating regulatory landscapes, managing debt levels, and continuing to innovate in the dynamic digital gaming market. Maintaining a balance between growth and shareholder value will be crucial for the company's sustained success1.
- Segment Growth: Notably, the Gaming, SciPlay, and iGaming segments all reported double-digit revenue growth1.
For more details, you can refer to the full 8-K filing released on February 27, 20242.
Well the market likes it. Have a listen link below.
https://events.q4inc.com/attendee/298917830
Hey Big Daz, the results were hotter than my Calabrese Pizza...
Add LNW (ASX) to my watchlist
 (20min delay)
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Last
$142.20 |
Change
-4.250(2.90%) |
Mkt cap ! $2.497B | |||
| Open | High | Low | Value | Volume |
| $144.00 | $144.78 | $141.78 | $19.21M | 134.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 321 | $142.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $143.50 | 140 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$142.18 |
Change
-4.250 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| $143.40 | $144.10 | $141.85 | 5130 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| LNW (ASX) Chart |