Ballys Intralot S.a. · ATHEX:BYLOT
Ballys Intralot — Intralot — H1 2025 Earnings Presentation
14 slides from Ballys Intralot's earnings presentation, Aug 29, 2025
Slide 1: 1H25 Financial Results
1H25 FINANCIAL RESULTS AUGUST 29th , 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 Sokratis P. Kokkalis' statement
INTRALOT’s Chairman Sokratis P. Kokkalis, noted: “INTRALOT’s results for the first half of 2025 reflect stable financial performance in terms of revenue and operating profitability, strengthened cash flows, and a significant reduction in debt and leverage. At the same time, Intralot has announced a
Slide 4: Revenue Overview
Revenue Overview Revenues Revenues Revenues per Game Type (%) per Geographical Region (%) per Activity Line (%) 12.8% 4.9% 12.2% 45.1 (26.8%) VLTs IT Products B2C RoW & Services 22.0% Sports Betting 22.3 (13.3%) 53.0% Europe 95.1% 100.7 (59.9%) Lottery Americas B2B/B2G Games August 2025 | p. 4
Slide 5: Revenue Evolution per Business Activity
Revenue Evolution per Business Activity Licensed operations in € million 8.3 Q2 Q1 5% Game management 35.1 21% 2.9 4.2 2.0 168.0 1H25 Revenues per 2.0 0.4 165.3 1.6 1.0 -6.4 Contract Type (€m, %) -2.2 74% 124.6 Technology 1H24 Technology Game management Licensed operations 1H25 Licensed operations 6
Slide 6: Consolidated Financial Statements for 1H25
Consolidated Financial Statements for 1H25 (in € million) 1H25 1H24 % Change 2Q25 2Q24 % Change LTM Revenues1 168.0 165.3 1.7% 79.6 83.6 -4.8% 358.3 Gross Profit 57.7 65.6 -12.0% 25.6 32.7 -21.7% 133.5 Gross Profit Margin (%) 34.4% 39.7% - 5.3pps 32.1% 39.1% - 6.9pps 37.3% OPEX2 (47.6) (55.1) -13.6%
Slide 7: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics REVENUES AEBITDA AND AEBITDA MARGIN €m €m, % 356 358 36.8% 36.7% 36.0% 35.8% AEBITDA Margin on Revenues +1.7% +0.6% 165 168 +1.2% 131 131 60 60 AEBITDA 2024 LTM 1H24 1H25 2024 LTM 1H24 1H25 OPERATING CASH FLOW1 AND CAPEX NET DEBT2 AND NET LEVERAGE RATIO3 €m Operatin
Slide 8: Net Debt Movement
Net Debt Movement Net Debt Movement, 1H25 (in €m) 355.7 43.5 14.6 24.1 303.0 0.2 Adjusted Net Free Cash Flow1 Net Interest payments Other Debt movements Reorganization/Refinancing Adjusted Net Debt, Dec 2024 costs Debt, June 2025 1. Free Cash Flow defined as “Net Cash from Operating activities” adju
Slide 9: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors1 1H25 Key Revenue Contributors Key EBITDA Contributors 1H24 (in €m) (in €m) 82.6 35.0 North America2 North America2 80.4 34.8 14.7 10.1 Europe3 Europe3 14.5 9.4 18.1 5.9 South America South America 15.1 4.4 12.7 9.1 Oceania Oceania 12.7 9.1 32.3 11.9 RoW4 RoW4 34.
Slide 10: Appendix: Summary of Financial Statements
APPENDIX SUMMARY OF FINANCIAL STATEMENTS
Slide 11: 1H25 – Group Income Statement
1H25 – Group Income Statement (in € million) 1H25 1H24 % Change LTM Revenues 168.0 165.3 1.7% 358.3 Gross Profit 57.7 65.6 -12.0% 133.5 OPEX (47.6) (55.1) -13.6% (110.0) Other Operating Income 15.3 13.9 10.4% 31.4 EBITDA 60.2 59.5 1.2% 125.4 AEBITDA 60.2 59.5 1.2% 131.5 AEBITDA Margin (%) 35.8% 36.0
Slide 12: 1H25 – Group Statement Of Financial Position
1H25 – Group Statement Of Financial Position (in € million) 1H25 FY24 Tangible Assets (incl. investment properties) 71.6 86.8 Intangible Assets 159.3 179.5 Other Non-current Assets 59.0 62.0 Inventories 20.8 26.4 Trade and Other Short-term Receivables 139.8 155.3 Cash and Cash Equivalents 66.7 64.3
Slide 13: 1H25 – Group Cash Flow
1H25 – Group Cash Flow (in € million) 1H25 1H24 EBT 9.8 6.1 Plus/less adjustments 49.7 54.4 Decrease/(increase) of inventories 3.0 (5.6) Decrease/(increase) of receivable accounts 11.4 1.9 (Decrease)/increase of payable accounts (1.1) (8.9) Income tax paid (0.5) (3.0) Net Cash from Operating Activit
Slide 14: Lottery Digital Transformation
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