Paradise Entertainment Limited · HKEX:1180
Paradise Entertainment — FY2025 Earnings Presentation
31 slides from Paradise Entertainment's earnings presentation, Mar 26, 2026
Slide 1: 2025 Final Results Presentation
Paradise Entertainment Limited (Incorporated in Bermuda with limited liability) 1180.HK 2025 Final Results Presentation 26 March 2026 1
Slide 2: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 2
Slide 3: A leader in gaming product innovation & reputable casino service provider
1 Key Messages A leader in gaming product innovation & reputable casino service provider Rich experience in Creativity & providing innovation professional services to casinos Robust Gaming technological Gaming industry Exceptional capabilities talents • Enhance game efficiency • Optimise operations
Slide 4: A leading supplier and innovator of gaming products
1 Key Messages A leading supplier and innovator of gaming products Our products Machine production Innovation Innovation LMG ETG Slot Gaming Casino Game solutions development providers GameView Casino management AI and robot system System design Cabinet Game 4
Slide 5: Growing importance of LMG in Macau supports positive business outlook
1 Key Messages Growing importance of LMG in Macau supports positive business outlook Macau LMG GGR Macau LMG GGR as a % of Macau GGR (MOP’m) +15.8% 2.0% 1.9% 2.0% 4,973 1.6% 1.6% 1.5% 4,295 2,895 1.0% 2,840 1,370 923 825 2019 2020 2021 2022 2023 2024 2025 2019 2020 2021 2022 2023 2024 2025 • 2025 Ma
Slide 6: Gaming products appeal to overseas markets with footprint expanding
1 Key Messages Gaming products appeal to overseas markets with footprint expanding Macau Laos USA India The Costa Philippines Rica Sri Lanka Vietnam Cambodia Malaysia 6
Slide 7: Strategic office locations to serve global customers
1 Key Messages Strategic office locations to serve global customers Macau Hong Shenzhen Taichung Kong Offices Management, sales & Macau showroom Hong Kong Management Shenzhen R&D Zhuhai R&D, QA Taichung R&D Las Vegas Manila Sales & showroom Las Vegas Sales & showroom Manila Zhuhai 7
Slide 8: Actively looking for new growth impetus underpinned by strong financial position
1 Key Messages Actively looking for new growth impetus underpinned by strong financial position Actively Venture into expanding different types of overseas gaming products Bank balances Net cash and cash HK$267.3m HK$378.1m (as at 2025.12.31) (as at 2025.12.31) 8
Slide 9: Highly acclaimed professional service provider to casinos
1 Key Messages Highly acclaimed professional service provider to casinos • Provide professional advisory and other services to a casino of one of the Macau’s concessionaires • Look to leverage our expertise to expand further in this area 9
Slide 10: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 10
Slide 11: 2025 Results summary – the Group
2 Results Highlights 2025 Results summary – the Group 2025 2024 Reported revenue (HK$’m) 834.4 1,084.9 - Electronic gaming equipment and systems and other businesses 201.3 366.6 - Provision of casino management services at Casino Kam Pek Paradise 633.1 718.3 Adjusted EBITDA (HK$’m) 207.5 453.0 - Ele
Slide 12: Reported revenue and Adjusted EBITDA
2 Results Highlights Reported revenue and Adjusted EBITDA Provision of casino Electronic gaming The Group management services at equipment and systems Casino Kam Pek Paradise Reported revenue Reported revenue Reported revenue （HK$’m） （HK$’m） （HK$’m） -23.1% -45.3% -11.9% 365.3 718.3 1,084.9 633.1 834
Slide 13: Robust financial footing
2 Results Highlights Robust financial footing Bank balances Outstanding and cash indebtedness Net cash (HK$’m） (HK$’m) （HK$’m) Gearing ratio -2.9% +15.0% -5.7pp 389.2 378.1 -29.3% 267.3 232.5 156.7 29.0% 23.3% 110.8 2024.12.31 2025.12.31 2024.12.31 2025.12.31 2024.12.31 2025.12.31 2024.12.31 2025.12
Slide 14: Continue to return to shareholders supported by strong financial position
2 Results Highlights Continue to return to shareholders supported by strong financial position Dividend payout （Dividends over profit for the period） （HK$’m） Net profit: 381.9 Total Dividend % of net dividend per share profit (HK cents) amount 11.0 Total 115.7 (HK$’m) dividend 168.3 1H2024 5.0 52.6
Slide 15: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 15
Slide 16: Business outlook remains optimistic despite short term volatility
3 Electronic Gaming Equipment and Systems Business outlook remains optimistic despite short term volatility Reported revenue in 2025 ➢ Macau - HK$198.0m Reported revenue • Sale of LMG terminals, slot machines and ETG machines; (HK$’m) • Sale of other gaming equipment and systems; • Provision of upgr
Slide 17: Invest for future growth
3 Electronic Gaming Equipment and Systems Invest for future growth Adjusted EBITDA (HK$’m) • Adjusted EBITDA of HK$37.6m in 2025 156.4 • Increase in R&D expenses mainly due to the 5.4 37.6 opening of a new R&D studio in Taiwan 187.8 48.8 during 1H2025 93.9 -71.6 -21.2 -53.6 -14.8 86.8 70.4 -11.2 11.
Slide 18: New and replacement demand bode well for future performance
3 Electronic Gaming Equipment and Systems New and replacement demand bode well for future performance LMG BLACK CORAL • Around 6,000 LMG in operation in Macau • To be launched in 2026 • New version of LMG system (“Black Coral”) set to • Incorporate advanced technological features, including spur rep
Slide 19: Groundbreaking games set to redefine casino gaming experience
3 Electronic Gaming Equipment and Systems Groundbreaking games set to redefine casino gaming experience 19
Slide 20: Diverse gaming products to satisfy customer needs and preferences
3 Electronic Gaming Equipment and Systems Diverse gaming products to satisfy customer needs and preferences • GameView - The Group’s signature product series that is dominating Macau’ s market • An innovative slant-top cabinet newly • Products series include: designed for our new LMG machines and ❖
Slide 21: Growth initiatives ensure promising outlook
3 Electronic Gaming Equipment and Systems Growth initiatives ensure promising outlook A promising future for the segment Collaboration with other industry players through platform such as Nebula Increasing contribution from different new growth impetus such as Infernoplay Further penetration into As
Slide 22: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 22
Slide 23: Cessation of provision of casino management services at Casino Kam Pek Paradise
4 Provision of Casino Management Services at Casino Kam Pek Paradise Cessation of provision of casino management services at Casino Kam Pek Paradise • 9 June 2025 – The Group was advised that the service agreement for the Group’s provision of casino management services at Casino Kam Pek Paradise (th
Slide 24: Cessation of provision of casino management services at Casino Kam Pek Paradise
4 Provision of Casino Management Services at Casino Kam Pek Paradise Cessation of provision of casino management services at Casino Kam Pek Paradise GGR by types Casino Kam Pek Paradise 2025* 2024 YoY 3.3% 4.0% Average no. of gaming tables in operation 30 30 / Total GGR HK$1,156.3m HK$1,313.1m -11.9
Slide 25: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 25
Slide 26: Growing tourist arrivals buoys Macau gaming industry
5 Key Supporting Data for Macau Market Growing tourist arrivals buoys Macau gaming industry Macau GGR Number of tourists arrival in Macau (MOP’m) +14.7% 292,455 +9.1% 40,069,360 39,406,181 247,404 34,928,650 226,782 28,213,003 183,059 86,863 60,441 7,705,943 42,198 5,896,848 5,700,339 2019 2020 2021
Slide 27: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 27
Slide 28: Key dates for proposed 2025 final dividend
6 Key Dates for Proposed 2025 Final Dividend Key dates for proposed 2025 final dividend Declaration AGM approval Book close period Payment 26 March 2026 21 May 2026 2-4 June 2026 25 June 2026 * Ex-dividend date: 29 May 2026 28
Slide 29: Agenda
Agenda 1 Key Messages 2 Results Highlights Innovation 3 Electronic Gaming Equipment and Systems 4 Provision of Casino Management Services at Casino Kam Pek Paradise 5 Key Supporting Data for Macau Market 6 Key Dates for Proposed 2025 Final Dividend 7 Contacts Information 29
Slide 30: Contacts information
7 Contacts Information Contacts information Hong Kong Office Unit C, 19F, Entertainment Building, 30 Queen’s Road Central, Hong Kong SAR Tel: (852) 2620 5303 Corporate Strategy & Investor Relations Macau Office Suite 1207, 12F, Macau Landmark, No. 555 Avenida da Amizade, Macau SAR Leo Chan – Chief F
Slide 31: Disclaimer
Disclaimer This document has been prepared by Paradise Entertainment Limited (abbreviated as “Paradise” or the “Company”) for the sole purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or to form any bas
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