Ainsworth Forecasts 93% Drop in 1H Pre-Tax Profit on Weak North American Sales
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Ainsworth expects 93% profit slump as North America struggle
Australian gaming machine manufacturer Ainsworth Game Technology expects to post a profit before tax of around AU$1.0 million ($710,000) for the six months ending 30 June 2026, down sharply from AU$13.9 million ($9.93 million) in the same period last year. In an ASX update published on 22 May 2026, the company forecast total half-year revenue of approximately AU$116 million ($82.86 million), a 24% decline from AU$152.1 million ($108.64 million) …
Ainsworth (ASX:AGI) profit collapses to A$1m as North America cracks under competitive pressure
Raptor cannot plug Ainsworth’s shrinking US hole fast enough Ainsworth Game Technology (ASX:AGI) has just delivered a trading update that will sting any investor who held on through the FY25 reset. The slot machine maker expects profit before tax of just A$1.0 million for the six months to 30 June 2026, against A$13.9 million in the prior corresponding period. That is a roughly 93% drop on what was already a modest base. Revenue is expected to l…
Ainsworth forecasts 93% drop in 1H pre-tax profit on weak North American sales
Ainsworth expects 93% 1H profit slump as North American gaming sales weaken despite APAC growth rebound. The post Ainsworth forecasts 93% drop in 1H pre-tax profit on weak North American sales first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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