Inspired Entertainment, Inc. (INSE)

From the record

Inspired Entertainment, Inc.'s filings since 2017 show 15 warning events of 5 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2020-04-07); a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2024-04-09); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2023-11-08); an auditor change (8-K item 4.01, 3 times, the latest 2025-04-17); a late-report notice (Form NT 10-K or NT 10-Q, 5 times, the latest 2025-03-17) (its current reports).

From the record

Inspired Entertainment, Inc.'s 8 filed years say what it did: revenue went from $141 million in fiscal 2018 to $304 million in fiscal 2025, up 11.1% a year; it rose in 6 of 7 years; the deepest fall was 8% from fiscal 2023 to fiscal 2024; net income was positive in 4 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Inspired Entertainment, Inc.'s diluted share count held steady, and dividends and buybacks returned about 1% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 11 purchases of their own stock on the open market in the year to 2026-09-30, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Inspired Entertainment, Inc.'s shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 104 cents per dollar of assets, and net share issuance: its share count shrank 0.5% over the year (the filed statements).

From the record

Inspired Entertainment, Inc.'s standing among 218 graded names in its industry family: revenue of $304 million in fiscal 2025 ranks in the bottom 42% by size; a net margin of -5.6% ranks in the bottom 45%; revenue growth of 2.2% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

From the record

Inspired Entertainment, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Pierce, Brooks H (President and CEO, as filed), filing under that title since 2023-02-16, 3.7 years (bottom 47% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 8 years (top 15%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Inspired Entertainment, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $43 million against debt of $345 million leaves -68.6% of its assets as net cash, bottom 1% of its family; cash from operations less capital spending is 5.4% of revenue (bottom 35%); research spending of 6.4% of revenue (bottom 10%) (its annual report).

From the record

Inspired Entertainment, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.2% a year over the last three filed years against 11.1% over all 8, slowing (bottom 38% of its family); the newest year grew 2.4% (bottom 23%); research spending grew 2% a year (bottom 36%); capital spending grew 20.1% a year (top 27%) (its annual reports). Inspired Entertainment, Inc. reported 4 lines of business in fiscal 2025: Gaming at $112 million (37%), Leisure at $97 million (32%), Interactive at $59 million (19%), and 1 more; 2 of 4 grew against the year before (its annual report).

From the record

Inspired Entertainment, Inc.'s newest year against its own record: revenue of $304 million in fiscal 2025 came in 0.2% above the $304 million its prior three years' pace pointed to (top 44% of its family); net income of $17 million against a prior three-year average of $31 million (bottom 10%); a net margin of -5.6% against 10.5% before (bottom 11%) (its annual reports).