INSEInspired Entertainment, Inc.
Services-Prepackaged Software
- Revenue
- $304M
- 2.4% YoY
- Operating margin
- 10.0%
- 2.9% YoY
- EBITDA
- $83M
- 12% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.0×
- $251M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear1% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear16% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $206M | $285M | $323M | $297M | $304M | 2.4% |
| Operating income | −$5M | $47M | $39M | $31M | $31M | 0.7% |
| Net income | −$41M | $21M | $7M | $65M | −$17M | 126% |
| Operating cash flow | $2M | $30M | $55M | $32M | $52M | 64% |
| Capex | $11M | $21M | $32M | $17M | $36M | 110% |
| Stock-based comp | $13M | $11M | $11M | $8M | $7M | 12% |
| Buybacks | — | $10M | $2M | — | $400K |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $4M | $3M | 78 | — |
| FY2024 | $3M | $2M | 71 | — |
| FY2023 | $5M | $3M | 74 | — |