PlayAGS, Inc. delivered strong financial results for fiscal year 2024, with total revenue increasing 10.8% to $394.9 million and net income soaring to $51.6 million from $0.4 million in 2023. The growth was driven by a 23.1% rise in equipment sales to $143.1 million and a 4.8% increase in gaming operations revenue to $251.7 million. The company sold 6,105 EGM units during the year, up 16.4% from 2023.The company's Interactive segment showed remarkable growth with revenue up 85.7% to $21.9 million, while Table Products revenue rose 5% to $18.6 million. Operating income increased 26.2% to $72.4 million, reflecting improved operational efficiency and strong product performance. The company's installed base grew to 23,023 units, up 2% year-over-year.Looking ahead, PlayAGS is set to be acquired by Brightstar Capital Partners in a $12.50 per share all-cash transaction, expected to close in the second half of 2025. The company maintains a strong liquidity position with $38.3 million in cash and $40 million available under its revolving credit facility, positioning it well for continued growth and strategic initiatives.

PlayAGS, Inc. delivered strong financial results for fiscal year 2024, with total revenue increasing 10.8% to $394.9 million and net income soaring to $51.6 million from $0.4 million in 2023. The growth was driven by a 23.1% rise in equipment sales to $143.1 million and a 4.8% increase in gaming operations revenue to $251.7 million. The company sold 6,105 EGM units during the year, up 16.4% from 2023.The company's Interactive segment showed remarkable growth with revenue up 85.7% to $21.9 million, while Table Products revenue rose 5% to $18.6 million. Operating income increased 26.2% to $72.4 million, reflecting improved operational efficiency and strong product performance. The company's installed base grew to 23,023 units, up 2% year-over-year.Looking ahead, PlayAGS is set to be acquired by Brightstar Capital Partners in a $12.50 per share all-cash transaction, expected to close in the second half of 2025. The company maintains a strong liquidity position with $38.3 million in cash and $40 million available under its revolving credit facility, positioning it well for continued growth and strategic initiatives.