Ballys Intralot S.a. · ATHEX:BYLOT
Ballys Intralot — Intralot — FY2024 Earnings Presentation
14 slides from Ballys Intralot's earnings presentation, Apr 1, 2025
Slide 1: FY24 Financial Results
FY24 Financial Results April 1st, 2025
Slide 2: Disclaimer
Disclaimer By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We”) solely for informational purposes and does not constitute, and should not be constru
Slide 3: Chairman's statement on 2024 performance
INTRALOT’s Chairman Sokratis P. Kokkalis, noted: “INTRALOT’s performance for 2024 has been positively impacted by very strong performance in the last quarter driven by strong revenue growth from North America, enabling the company to maintain its key metrics in profitability and leverage ratio by fo
Slide 4: Revenue Overview
Revenue Overview 9.8% 105.2 (27.9%) B2C RoW 223.4 (59.4%) Americas FY24 Revenue per FY24 Activity Line Revenue per 90.2% (%) Geographical Region B2B/B2G (in €) €376.4m 47.8 (12.7%) Europe €376.4m 11.3% 10.7% VLTs IT Products & Services 23.1% Sports Betting FY24 Revenue per Game Type (%) €376.4m 54.8
Slide 5: Revenue Evolution per Business Activity
Revenue Evolution per Business Activity Licensed operations in € million Q4 36.9 9Μ 10% 12.0 2.8 8.5 8.7 -11.1 376.4 FY24 84.4 Game management 22% 17.3 3.4 Revenues per 364.0 -8.2 Contract Type (€m, %) -8.8 68% 255.0 Technology FY23 Licensed operations Game management Technology FY24 Licensed operat
Slide 6: Consolidated Financial Statements for FY24
Consolidated Financial Statements for FY24 (in € million) FY24 FY23 % Change 4Q24 4Q23 % Change Revenue (Turnover) 376.4 364.0 3.4% 112.8 84.0 34.3% Technology, Management & Rest Contracts 343.7 339.5 1.2% 101.6 88.0 15.4% Licensed Operations (Payout related) 32.7 24.5 33.4% 11.2 (4.0) - Payout (%)1
Slide 7: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES AEBITDA AND AEBITDA MARGIN €m 3.4% €m, % 376 35.6% 34.7% 364 AEBITDA Margin on Sales +1.0% 129 131 AEBITDA 2023 2024 2023 2024 OPERATING CASH FLOW1 AND CAPEX NET DEBT2 AND NET LEVERAGE RATIO3 €m Operating CF €m, # 113 CAPEX 87 2.7x Net Leverage Ratio 2.6x 3
Slide 8: Net Debt Movement
Net Debt Movement Net Debt Movement, FY24 (in €m) 379.9 12.3 24.2 3.9 355.7 24.2 333.2 8.6 34.6 32.2 Net Debt, Free Cash Net Interest Reorganization/ Restricted Other Other Debt Net Debt, Restricted Adjusted Net Dec 2023 Flow1 payments Refinancing cash investments movements Dec 2024 cash Debt, Dec 2
Slide 9: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 FY24 Key Revenue Contributors Key EBITDA Contributors FY23 (in €m) (in €m) 166.3 72.3 North America2 North America2 164.2 69.7 27.0 17.3 Europe3 Europe3 33.1 21.7 57.1 11.3 South America South America 45.6 8.3 26.4 18.8 Oceania Oceania 24.9 17.9 78.8 24.3 RoW4 Ro
Slide 10: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS
Slide 11: FY24 – Group Income Statement
FY24 – Group Income Statement (in € million) FY24 FY23 % Change Revenue 376.4 364.0 3.4% Gross Profit 141.3 145.2 -2.7% Other Operating Income 29.9 30.4 -1.5% OPEX (117.5) (114.1) 3.0% EBITDA 124.7 129.5 -3.7% AEBITDA 130.7 129.5 1.0% AEBITDA Margin 34.7% 35.6% -0.8pps Reorganization expenses (2.4)
Slide 12: FY24 – Group Statement Of Financial Position
FY24 – Group Statement Of Financial Position (in € million) FY24 FY23 Tangible Assets (incl. investment properties) 86.8 94.1 Intangible Assets 179.5 182.3 Other Non-current Assets 62.0 56.1 Inventories 26.4 24.4 Trade and Other Short-term Receivables 155.3 119.9 Cash and Cash Equivalents 64.3 111.9
Slide 13: FY24 – Group Cash Flow
FY24 – Group Cash Flow (in € million) FY24 FY23 EBT 18.0 33.6 Plus/less adjustments 107.6 97.4 Decrease/(increase) of inventories (1.0) (1.7) Decrease/(increase) of receivable accounts (23.8) (18.5) (Decrease)/increase of payable accounts (6.7) 9.0 Income tax paid (7.0) (7.2) Net Cash from Operating
Slide 14: intralot
intralot