Ballys Intralot SA (LTS:0KA1)
€ 1.1864 (0%) Market Cap: 2.14 Bil Enterprise Value: 3.67 Bil PE Ratio: 0 PB Ratio: 1.58 GF Score: 59/100

Full Year 2024 Intralot Integrated Lottery Systems and Services SA Earnings Call Transcript

Apr 1, 2025 / 02:00 PM GMT
Release Date Price: €1.04

Key Points

Positve
  • Intralot SA (STU:9IL) experienced strong growth in the last quarter of 2024, primarily driven by organic growth in the US and successful sales of new solutions.
  • The company signed a significant 7-year agreement with Magnum Corporation in Malaysia, with options for extensions, enhancing its international presence.
  • Intralot SA (STU:9IL) successfully migrated BCLC's retail lottery system to a cloud-based platform, marking a major technological milestone.
  • The company achieved a top-line improvement of 3.4% and maintained operational profitability and leverage ratios within targeted ranges.
  • Intralot SA (STU:9IL) extended several major contracts, including a three-year extension with PLI in Ireland and a contract extension with Lottery West in Australia.
Negative
  • There are delays in significant projects, such as the monitoring system in Illinois and RFPs in Missouri and Maryland, which could impact future growth.
  • The company's earnings before tax decreased to $18 million in 2024 from $33.6 million in 2023, due to increased interest expenses and reorganization costs.
  • Operating cash flow was reduced by €26 million, primarily due to negative working capital and outstanding receivables.
  • The company faced challenges in Morocco, with lower revenue attributed to a reduced scale contract compared to the previous year.
  • There was a drop in revenue and profitability in Croatia during the second half of the year, impacting overall performance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INLr.AT - Intralot Integrated Lottery Systems and Services SA
Full Year 2024 Intralot Integrated Lottery Systems and Services SA Earnings Call
Apr 01, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for standing by. I'm Vassilio, your courses call operator. Welcome and thank you for joining the Interlo conference call and live webcast to present and discuss the full year 2024 financial results. At this time, I would like to turn the conference over to Mr. Nicolaos Nikolakopoulos, Group CEO of Intralot. Mr. Nicolaopoulos, you may now proceed.

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Unidentified_2 [2]
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Thank you. Welcome everyone. I'm going to have a small introduction and then I will give
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