Ainsworth Game Technology Expects H2 Pre-Tax Profit to Reach AU$10 Million

MT Newswires Live
27 Nov 2024

Ainsworth Game Technology (ASX:AGI) expects profit before tax of between AU$8 and AU$10 million for the second half of the year, based on a preliminary management forecast, according to a Wednesday filing with the Australian bourse.

Revenue is also anticipated to show an estimated growth of 12% compared with the AU$121.4 million reported in the first half of the year, the filing said.

However, the company reported a decrease in gross margins compared with H1, with the full-year margin expected to be around 62%, compared with 67% reported in H1, according to the filing.

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