← Inspired Entertainment, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $21.2m $6.9m $64.8m ($17.0m)
Net Income (Loss) Attributable to Parent — ($49.1m) ($20.6m) ($41.1m) ($32.4m) ($36.7m) $20.6m $7.6m $64.8m ($17.0m)
Net Income (Loss) Available to Common Stockholders, Basic — — — — — — $20.6m $7.6m $64.8m ($17.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — ($37.0m) — — — — — —
Depreciation, Depletion and Amortization — $18.4m $20.3m $21.7m $29.9m $25.9m $21.5m $39.9m $43.3m $52.4m
Amortization — — $478k — — — — — — —
Amortization of Intangible Assets — $3.2m $3.4m $3.5m $2.4m $900k $1.5m $1.5m $3.3m $3.5m
Capitalized Computer Software, Amortization — $10.9m $18.1m $16.4m $20.0m $20.0m $9.5m $10.1m $10.7m $11.5m
Depreciation — — — $300k $1.8m $1.4m $1.5m $19.5m $19.8m $18.6m
Depreciation Amortization Depletion — — — — — — $43.4m $43.4m $47.7m $57.1m
Amortization of deferred financing fees relating to senior debt — — — — — — $1.8m $2.0m $1.1m $3.0m
Deferred Income Tax Expense (Benefit) — — — — $200k $1.2m — $5.0m ($69.4m) $2.9m
Deferred Income Tax — — — — — — $0 $0 ($69.4m) $2.9m
Deferred Tax — — — — — — $0 $0 ($69.4m) $2.9m
Deferred tax — — — — — — $0 $0 ($69.4m) $2.9m
Share-based Payment Arrangement, Noncash Expense — $4.2m $7.1m $9.0m $4.8m $13.0m $10.8m $11.2m $7.6m $6.7m
Share-based Payment Arrangement, Expense — — — $9.0m $4.8m $13.0m $10.8m $11.2m $7.6m $6.7m
Goodwill and Intangible Asset Impairment — — — — $40.2m — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — $8.1m — — — — —
Asset Impairment Charge — — — — — $0 $0 — — —
Gain (Loss) on Disposition of Assets — — — — — — $900k — — —
Gain (Loss) on Disposition of Business — — — — — — $900k — — —
Income (Loss) from Equity Method Investments — ($4.2m) ($7.4m) ($100k) ($500k) — — — — —
Income Tax Expense (Benefit) — $184k $182k ($100k) $400k ($1.6m) $2.1m $5.0m ($63.0m) $11.1m
Interest Expense Nonoperating — — — — — — — — $29.4m $37.3m
Operating Lease, Expense — — — $3.7m $1.7m — — — — —
Operating Lease, Lease Income — — — $900k $2.3m $3.3m — — — —
Other Nonoperating Income (Expense) — — $4.1m $3.2m ($4.7m) $5.7m $1.1m $400k $500k $900k
Earnings (Loss)es From Equity Investments — — — — — $0 $0 — — —
Operating lease liabilities — — — ($1.3m) ($2.8m) ($2.9m) ($2.6m) ($3.9m) ($4.0m) ($4.1m)
Interest Expense $12.2m $10.5m $16.7m $12.6m $13.3m $30.8m $23.0m $24.0m $26.6m $36.6m
Income Tax Expense — — — — $200k $1.2m — $5.0m $2.5m $7.5m
Lease liabilities arising from obtaining operating lease right of use assets — — — ($9.6m) ($6.8m) — ($1.8m) ($900k) ($6.5m) ($1.1m)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — $4.6m ($5.3m) $3.3m $2.9m $4.9m $12.1m ($1.7m) $22.8m ($24.2m)
Increase (Decrease) in Inventories — ($2.7m) $448k $2.0m ($1.3m) ($1.6m) $16.7m $400k ($3.8m) ($7.3m)
Increase (Decrease) in Accounts Payable — $10.5m ($4.1m) $6.9m ($4.8m) $2.8m $5.1m — — —
Accounts Receivable, Credit Loss Expense (Reversal) — ($1.6m) ($1.1m) — — ($600k) ($200k) ($200k) ($100k) ($300k)
Purchases of property and equipment, accrued but unpaid $9.5m $15.1m $24.8m $10.5m $15.4m $11.6m $22.2m $32.8m $17.0m $35.7m
Deconsolidation, Gain (Loss), Amount — — — — — — — — — ($6.6m)
Foreign Currency Transaction Gain (Loss), Unrealized — — — — — $4.6m — — — —
General and Administrative Expense — — — — — $110.2m $101.9m $115.5m $130.8m $128.1m
Goodwill — $47.1m $45.8m $80.9m $83.7m $82.7m $55.5m $58.8m $57.8m $62.1m
Investment Income, Interest — $55k $205k $100k $600k — — — — —
Nonoperating Income (Expense) — ($37.0m) ($13.1m) ($28.0m) ($38.4m) ($37.7m) ($23.3m) ($27.3m) ($28.9m) ($36.4m)
Operating Expenses — — — — — — — — — $6.9m
Payments of Financing Costs — — $4.6m $15.2m — — — — — —
Pension Cost (Reversal of Cost) — — — $2.7m $2.2m $1.6m $2.2m $3.4m $3.4m $3.6m
Revenue from Contract with Customer, Including Assessed Tax — — $141.4m $153.4m $199.8m — — — — —
Sales-type Lease, Selling Profit (Loss) — — — — — — — $2.5m $2.7m $5.6m
Cash Flow From Continuing Operating Activities $18.6m $18.3m $34.2m $30.7m $52.9m $6.2m $29.6m $54.7m $31.7m $52.0m
Beginning Cash Position — — — — — — $47.8m $25.0m $40.0m $29.3m
Cash Flow From Continuing Financing Activities — — — — — — ($11.0m) $16.2m ($1.6m) $0
Cash Flow From Continuing Investing Activities — — — — — — ($37.5m) ($57.6m) ($40.1m) ($40.5m)
Change In Account Payable — — — — — — $5.8m $4.5m ($10.6m) ($10.7m)
Change In Accrued Expense — — — — — $700k $800k — — —
Change In Income Tax Payable — — — — — — ($6.1m) ($6.4m) $1.1m ($8.9m)
Change In Inventory — — — — — — ($16.7m) ($300k) $3.8m $7.3m
Change In Other Current Liabilities — — — — — — ($5.4m) ($3.3m) ($3.1m) ($6.7m)
Change In Other Working Capital — — — — — — ($4.4m) $4.7m $7.2m $6.7m
Change In Payable — — — — — — ($300k) ($1.9m) ($9.5m) ($19.6m)
Change In Payables And Accrued Expense — — — — — — ($300k) ($1.9m) ($9.5m) ($19.6m)
Change In Prepaid Assets — — — — — — ($5.7m) ($8.0m) $5.8m ($18.0m)
Change In Receivables — — — — — — ($13.5m) $1.1m ($22.8m) $24.2m
Change In Tax Payable — — — — — — ($6.1m) ($6.4m) $1.1m ($8.9m)
Change In Working Capital — — — — — — ($46.0m) ($7.7m) ($18.6m) ($6.1m)
Changes In Account Receivables — — — — — — ($13.5m) $1.1m ($22.8m) $24.2m
Changes In Cash — — — — — — ($18.9m) $13.3m ($10.0m) $11.5m
End Cash Position — — — — — — $25.0m $40.0m $29.3m $43.3m
Financing Cash Flow — — — — — — ($11.0m) $16.2m ($1.6m) $0
Free Cash Flow — — — — — — ($1.4m) $8.0m $2.9m $6.4m
Gain Loss On Investment Securities — — — — — $1.5m $700k $300k — —
Gain Loss On Sale Of Business — — — — — — — — $0 $6.6m
Investing Cash Flow — — — — — — ($37.5m) ($57.6m) ($40.1m) ($40.5m)
Net Business Purchase And Sale — — — — — — ($600k) $0 $0 $18.1m
Net Foreign Currency Exchange Gain Loss — — — — — ($4.7m) $0 $0 — —
Net Intangibles Purchase And Sale — — — — — — ($10.4m) ($14.7m) ($11.8m) ($9.9m)
Net PPE Purchase And Sale — — — — — — ($20.6m) ($32.0m) ($17.0m) ($35.7m)
Operating Gains Losses — — — — — ($3.2m) ($200k) $300k — $6.6m
Other Non Cash Items — — — — — — $400k $600k ($400k) $1.8m
Proceeds From Stock Option Exercised — — — — — $30.5m $0 $0 — —
Purchase Of Business — — — — — ($12.4m) ($600k) $0 $0 —
Purchase Of Intangibles — — — — — — ($10.4m) ($14.7m) ($11.8m) ($9.9m)
Purchase Of PPE — — — — — — ($20.6m) ($32.0m) ($17.0m) ($35.7m)
Repurchase Of Capital Stock — — — — — — ($10.4m) ($1.6m) $0 ($400k)
Sale Of Business — — — — — — — — $0 $18.1m
Stock Based Compensation — — — — — — $10.8m $11.2m $7.6m $6.7m
Net (loss) income ($59.9m) ($49.1m) ($20.6m) ($37.0m) ($29.2m) ($36.7m) $22.3m $7.6m $64.8m ($17.0m)
Stock-based compensation expense — $4.2m $7.1m $9.0m $4.8m $13.0m $10.8m $11.2m $7.6m $6.7m
Accounts receivable $6.7m ($4.6m) $5.3m $3.3m ($2.9m) ($4.9m) ($12.0m) $1.7m ($22.8m) $24.2m
Inventory ($607k) $2.7m ($448k) $2.0m $1.3m $1.6m ($16.0m) ($400k) $3.8m $7.3m
Prepaid expenses and other assets $607k ($6.0m) $1.2m $3.3m $8.8m ($13.9m) ($3.8m) ($8.5m) $5.8m ($18.0m)
Corporate tax and other current taxes payable ($840k) ($1.8m) ($1.9m) ($3.6m) $6.6m ($9.9m) ($6.7m) ($6.4m) $1.1m ($8.9m)
Accounts payable and accrued expenses — — — — — $3.8m $5.8m $4.5m ($10.6m) ($10.7m)
Deferred revenue and customer prepayment — — — ($9.5m) ($5.7m) ($6.7m) ($5.2m) $4.8m $7.2m $6.7m
Pension contributions — — — — — — ($1.4m) ($1.4m) ($1.5m) ($1.2m)
Other long-term liabilities ($4.0m) ($3.4m) ($5.8m) $1.9m ($600k) ($400k) ($2.9m) ($800k) $900k ($2.6m)
Purchases of capital software and internally developed costs ($22.4m) ($20.3m) ($18.1m) ($17.0m) ($14.5m) ($13.8m) ($18.6m) ($15.0m) ($11.8m) ($9.9m)
Contract cost expenditures — — — — — — — — ($11.3m) ($13.0m)
Debt fees incurred — — — — ($3.1m) — — — — ($18.8m)
Repayments of finance leases — ($557k) ($544k) ($500k) ($900k) ($600k) ($600k) ($1.1m) ($1.6m) ($7.9m)
Cash, beginning of period — — — $16.0m $29.1m $47.1m $47.8m $25.0m $29.3m $43.3m
Cash $1.5m $20.0m $22.5m $29.1m — — — — $29.3m $42.0m
Lease liabilities arising from obtaining finance lease right of use assets — — — — — — — — ($18.7m) ($1.3m)
Additional paid in capital from net settlement of RSUs — — ($1.0m) ($900k) ($700k) ($6.4m) ($4.1m) ($2.9m) ($3.0m) ($1.3m)
Derivative, Gain (Loss) on Derivative, Net — ($385k) ($5.5m) $3.0m — — — — — —
Net cash provided by operating activities $18.6m $18.3m $34.2m $30.7m $52.9m $6.2m $34.7m $45.5m $31.7m $52.0m
Net Cash Provided by (Used in) Operating Activities $18.6m $18.3m $34.2m $30.7m $52.9m $6.2m $24.7m $45.5m $31.7m $52.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $9.5m $15.1m $24.8m $10.5m $15.4m $11.6m $22.2m $32.8m $17.0m $35.7m
Payments to Acquire Businesses, Net of Cash Acquired — — — $105.9m — — — — — —
Net Other Investing Changes — — — — — — ($5.9m) ($10.9m) ($11.3m) ($13.0m)
Net Cash from Investing Activities — $36.7m — — — — — — — $18.1m
Net Cash Provided by (Used in) Investing Activities ($31.9m) ($35.4m) ($42.9m) ($133.4m) ($29.9m) ($37.9m) ($32.6m) ($48.4m) ($40.1m) ($40.5m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $11.2m — $140.0m $270.6m — $333.1m — — — $365.7m
Issuance Of Debt — — — — — — $0 $18.9m $0 $365.7m
Long Term Debt Issuance — — — — — — $0 $18.9m $0 $365.7m
Net Issuance Payments Of Debt — — — — — — ($600k) $17.8m ($1.6m) $19.2m
Net Long Term Debt Issuance — — — — — — ($600k) $17.8m ($1.6m) $19.2m
Net Short Term Debt Issuance — — — — — ($320.6m) $0 $0 — —
Short Term Debt Issuance — — — — — $0 $0 $18.9m — —
Proceeds from Debt Issuance $11.2m — $140.0m $270.6m — $333.1m — — — $365.7m
Repayments of Long-term Debt $146k $3.2m $123.7m $144.2m $4.2m $320.6m — — — $338.6m
Long Term Debt Payments — — — — — — ($600k) ($1.1m) ($1.6m) ($346.5m)
Repayment Of Debt — — — — — — ($600k) ($1.1m) ($1.6m) ($346.5m)
Short Term Debt Payments — — — — — ($320.6m) $0 $0 — —
Repayments of long-term debt and short-term debt ($146k) ($3.2m) ($123.7m) ($144.2m) ($4.2m) ($320.6m) — — — ($338.6m)
Proceeds from Issuance of Common Stock — $1.6m — — — — — — — —
Net Common Stock Issuance — — — — — — ($10.4m) ($1.6m) $0 ($400k)
Payments for Repurchase of Common Stock — — — — — — $10.4m $1.6m — $400k
Common Stock Payments — — — — — — ($10.4m) ($1.6m) $0 ($400k)
Repurchase of common stock — — — — — — ($10.4m) ($1.6m) — ($400k)
Net Other Financing Charges — — — — — ($11.2m) — — — ($18.8m)
Net Cash Provided by (Used in) Financing Activities $11.1m $34.6m $11.2m $113.5m ($8.2m) $31.2m ($11.0m) $16.2m ($1.6m) —
Effect Of Exchange Rate Changes — — — — — — ($3.9m) $1.7m ($700k) $2.5m
Effect of Exchange Rate on Cash ($369k) $1.1m ($13k) $2.3m $3.2m $1.2m ($6.1m) $1.7m ($700k) $2.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($369k) $1.1m ($13k) $13.1m $18.0m $700k ($22.8m) $15.0m ($10.7m) $14.0m
Net increase (decrease) in cash ($2.6m) $18.5m $2.4m $13.1m $18.0m $700k ($22.8m) $15.0m ($10.7m) $14.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — — — $29.3m $43.3m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($22.8m) $15.0m ($10.7m) $14.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities — $10.5m $16.7m $12.6m $13.3m $30.8m $23.0m $24.0m $26.6m $36.6m
Income Taxes Paid, Net — — — — $200k $1.2m $0 $5.0m $2.5m $7.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.