Aristocrat revenue reaches AU$3.08bn for H1
The company reports that its Anaxi brand and Americas division are driving factors for results.
Aristocrat Leisure (Aristocrat) has released its H1 financial results for 2023 and reported a 12.2% rise in revenue to AU$3.08bn (US$2.05bn). The supplie reports that this growth was driven by an “outstanding performance” from its North American gaming operations, among other factors.
The company also posted that Anaxi, its online division, also satisfied market commitments by signing agreements with new partners, such as a collaboration with FanDuel and an acquisition of Roxor Gaming. Anaxi also signed a partnership with Penn Interactive last week.
Trevor Croker, CEO and MD of Aristocrat said, “With content agreements signed with partners representing over 55% of the iGaming market in the US, we are comfortably on course to exceed our target of penetrating at least 70% of regulated jurisdictions across North America over the next five years.”
Aristocrat’s EBITDA rose 5.7% to AU$1.03bn, though its EBITDA margin dropped slightly from 35.3% in H1 of 2022 to 33.3% in H1 of 2023. Croker added, “The benefit of our investment to grow and diversify Aristocrat’s revenue base was particularly evident in our ability to deliver solid revenue growth and stable EBITDA.”
The company posted profit after tax of AU$653m, a rise of 27.3% year-on-year. Aristocrat’s Americas segment particularly delivered, with an AU$59.5m increase in post-tax profit.
Aristorcrat’s Pixel United brand saw more of an uphill battle within its market, yet still grew its average bookings per daily active user by 13%. Croker commented, “Continued strong performance from the Aristocrat Gaming Americas business more than offset the challenging mobile gaming market conditions for Pixel United.”
Most recently, Aristocrat also announced a full acquisition of NeoGames this week, a supplier with global reach in the iGaming, iLottery and online sports betting sectors.
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