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AGT Reports 10.4% Increase in Profits Driven by North American Market

International markets account for 86% of all revenues

AGT Reports 10.4% Increase in Profits Driven by North American Market - Thursday, February 29th, 2024 9:57
AGT slots
AGT Reports 10.4% Increase in Profits Driven by North American Market for the calendar year 2023 revealing a 10.4% increase in profits before tax.

In an ASX announcement, the company revealed that profit before tax for CY23 came to AU$41.5 million ($27 million/€24.9 million) , up by 10.4% compared to the previous year’s profit of AU$37.6 million.

AGT 2023 Highlights

  • Revenue – AU$284.9 million ($185.2 million/€170.7 million)
  • EBITDA – AU$18.9 million ($12.3 million/€11.3 million)
  • Underlying EBITDA – AU$57.8 ($37.5 million/€34.6 million)
  • Profit before tax (PBT) – AU$2.6 ($1.7 million/€1.5 million)
  • Underlying PBT – AU$41.5 million ($27 million/€24.9 million)
    • AGT Reports 10.4% Increase in Profits Driven by North American Market
  • Underlying PAT –  AU$23.8 million ($15.5 million/€14.2 million)
  • Total Assets – AU$418.4 million ($271.9 million/€250.7 million)
  • Net Assets – AU$313.1 million ($203.5 million/€187.6 million)
AGT Reports 10.4% Increase in Profits Driven by North American Market AGT Reports 10.4% Increase in Profits Driven by North American Market

AGT’s Chairman Mr Danny Gladstone, commented

AGT Reports 10.4% Increase in Profits Driven by North American Market

He went on to add:

AGT Reports 10.4% Increase in Profits Driven by North American Market
Olivia Richardson

Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.

AGT Reports 10.4% Increase in Profits Driven by North American Market