Light & Wonder Inc

Light & Wonder Inc

LNW · AU · Consumer Cyclical / Gambling

120.37AUD-1.87 (-1.53%)

Price History

Full chart

Market Stats

Previous Close122.24
Open120.05
Day Range119.92 – 124.05
52-Week Range96.79 – 193.00
Volume308.30K
Market Cap8.15B
P/E (TTM)22.53
Forward P/E9.08
EPS4.84
Dividend Yield0.00%
Beta0.39
50-Day Avg121.58
200-Day Avg127.81

About

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals and video lottery terminals, including conversion kits and spare parts. This segment also leases or provides gaming content, gaming machines, and server-based system; electronic pull-tabs and related services to charitable gaming entities; sells and supports casino-management system based software and hardware; licenses proprietary table games content; and supplies Shufflers and other table product utilities to commercial, tribal, and governmental gaming operators. The SciPlay segment develops, markets, and operates a portfolio of social games on various online platforms. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators full control over various areas of digital gaming operations. It also supplies, maintains, and sells table game products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment; and sells virtual coins, chips, or bingo cards, which players can use to play casino-style slot games, table games, and bingo games. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.

Company Details

  • SectorConsumer Cyclical
  • IndustryGambling
  • CEOMr. Matthew Richard Wilson
  • Employees6.80K
  • Headquarters6601 Bermuda Road, Las Vegas, NV, United States, 89119, Australia
  • Websitehttps://www.lnw.com

Leadership

  • Mr. Jamie Ronald Odell M.B.A.Executive Chairman · b. 1959
  • Mr. Matthew Richard WilsonCEO, President & Director · b. 1982
  • Ms. Antonia Korsanos BEC, C.A.Executive Vice Chair · b. 1969
  • Mr. Oliver ChowExecutive VP, CFO & Treasurer · b. 1981
  • Mr. James SottileConsultant · b. 1961
  • Ms. Siobhan LaneExecutive VP & Group Chief Executive of Gaming · b. 1982
  • Mr. Vanja KalabicSenior VP & Chief Accounting Officer · b. 1983
  • Mr. Victor BlancoExecutive VP & Chief Technology Officer
  • Mr. Nick ZangariSenior Vice President of Investor Relations
  • Ms. Susan DawsonExecutive VP, Chief Legal Officer & Corporate Secretary

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.15B2.51B2.90B3.19B3.31B
Growth (%)-+16.67%+15.53%+9.86%+3.95%
Cost of Revenue609.00M738.00M872.00M931.00M885.00M
Gross Profit1.54B1.77B2.03B2.26B2.43B
Gross Margin71.71%70.62%69.95%70.80%73.30%
Operating Expense1.27B1.35B1.42B1.50B1.53B
Operating Income277.00M419.00M610.00M762.00M902.00M
Operating Margin12.87%16.68%21.02%23.90%27.22%
EBITDA-584.00M898.00M1.07B1.08B
EBITDA Margin-23.25%30.94%33.72%32.74%
Net Income371.00M3.67B163.00M336.00M276.00M
Net Income Margin17.23%146.30%5.62%10.54%8.33%
R&D190.00M218.00M228.00M262.00M252.00M
R&D as % of Total Revenue8.82%8.68%7.86%8.22%7.60%
Interest Expense478.00M327.00M309.00M293.00M314.00M
Interest Expense % of Total Revenue22.20%13.02%10.65%9.19%9.47%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.88B6.01B5.55B5.42B6.46B
Total Liabilities9.99B4.85B4.79B4.79B6.22B
Total Equity-2.26B990.00M765.00M636.00M245.00M
Cash585.00M914.00M425.00M196.00M167.00M
Total Debt-3.95B3.93B3.92B5.21B
Net Debt8.11B3.03B3.51B3.72B5.04B

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow685.00M-381.00M590.00M632.00M794.00M
Investing Cash Flow-6.12B-251.00M-258.00M-1.17B
Financing Cash Flow-655.00M-5.46B-788.00M-577.00M321.00M
Capital Expenditure171.00M216.00M242.00M294.00M310.00M
Free Cash Flow514.00M-597.00M348.00M338.00M484.00M
FCF to OCF75.04%156.69%58.98%53.48%60.96%

Earnings

Report DateAug 1, 2019Nov 7, 2019Feb 18, 2020May 11, 2020Jul 23, 2020Nov 4, 2020Mar 1, 2021May 10, 2021Aug 9, 2021Nov 9, 2021Mar 1, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Mar 1, 2023May 9, 2023Aug 8, 2023Nov 10, 2023Feb 28, 2024May 8, 2024Aug 7, 2024Nov 12, 2024Feb 25, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 24, 2026May 6, 2026Aug 4, 2026
EPS Estimate-0.010.00-0.01-0.03-0.03-0.02-0.01-0.000.010.030.010.000.490.050.000.00-0.000.010.680.791.061.031.111.101.361.551.491.471.71
EPS Actual0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.34-0.021.280.730.880.900.711.200.941.111.34-0.191.451.99
Surprise100.00%-100.00%100.00%100.00%100.00%100.00%100.00%100.00%-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%9905.88%-7550.00%19900.00%7.35%11.39%-15.09%-31.07%8.08%-14.55%-18.38%-13.55%-112.75%-1.36%16.37%
Timing-----------------Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.15B
Enterprise Value15.35B
Trailing P/E22.53
Forward P/E9.08
PEG Ratio0.53
Price / Sales2.44
Price / Book20.12
EPS4.84
Book Value5.60
Revenue (TTM)3.35B
Gross Profit (TTM)2.49B
EBITDA1.26B
Profit Margin8.09%
Operating Margin27.66%
Return on Equity53.98%
Return on Assets8.81%
Shares Outstanding74.78M
Shares Float68.61M
Beta0.39
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%