A financial report from Australian gaming company Aristocrat Leisure Limited revealed a 21% year-on-year increase in net profits to AU$1.3 billion for the 12 months ending on September 30th, 2023. The report attributed this positive result to an enhanced product portfolio and ongoing investment across its various divisions, as well as a strong performance in the North American market.
In addition to the increase in net profits, the company also reported a 13% growth in revenue to AU$6.3 billion, and a 13.8% growth in earnings before interest, taxes, depreciation, and amortization (EBITDA) to AU$2.11 billion. The report also highlighted key financial metrics for the fiscal year 2023, including a 35.9% increase in profit from ordinary activities before tax, a 25.1% increase in profit before tax, a 53.3% increase in profit from ordinary activities after tax, and a 20.7% increase in profit after tax and before amortization of acquired intangibles.
The report further detailed revenue and profit by segment, with the Americas contributing AU$2.9 billion in revenue, Australia and New Zealand contributing AU$458.4 million, and International Class III contributing AU$200 million. In terms of profit, the Americas generated AU$1.67 billion, Australia and New Zealand contributed AU$151.3 million, and International Class III contributed AU$98.6 million.
Aristocrat CEO and Managing Director, Trevor Croker, expressed his satisfaction with the latest results. The report’s key findings indicate a successful fiscal year for the company, driven by strong performance across its various divisions and a particularly impressive showing in the North American market.
Overall, the financial report reflects Aristocrat Leisure Limited’s continued success and growth in the gaming industry. With an enhanced product portfolio and ongoing investment, the company has positioned itself for further success in the coming years.