AGI 1.66% 92.0¢ ainsworth game technology limited

now we're cooking

  1. 1,310 Posts.
    lightbulb Created with Sketch. 35
    Trumped the forecast by 5% as expected.

    Revenue of 68.3 mil, taking into account recent history of the company's 2nd half being stronger than the 1st half it's not out of the question to expect 140 mill for the year. Danny has flaged a similar performance 2nd half.

    Up 300% in Vic? Maybe the Tabcorp tie up starting to pay divies.

    The part I liked (and imo is strongly linked to the company becoming one of the dominant players in the overseas market) is the 98% increase in the international revenue of which Vegas made up 74%

    I could be wrong however having only just achieved approvals and finished trials in Nevada this sector of revenue is looking to explode.

    Gross margins are up, their hiring more sales staff, techs and game designers.

    IMHO this is a great result and I can't find any negatives in the report.

    Fellow shareholders views would be appreciated.
 
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