InfoPlay

Aristocrat in 2024: 17.2% Net Profit Increase Driven by Interactive and Gaming Growth

 
Aristocrat in 2024: 17.2% Net Profit Increase Driven by Interactive and Gaming Growth
Aristocrat Leisure reported year-on-year increases in revenue, EBITDA, and net profit for its 2024 financial year, driven by rapid growth in its newly restructured Interactive division and steady performance in its core gaming sector.
INFOPLAY/ COMUNICADO |
Published today, revenue for the 12 months to 30 September reached AU$6.60 billion (€4.05 billion/US$4.31 billion), marking a 4.9% rise from the previous year. Key to this growth was the formation of the Interactive division, created by combining the Anaxi and NeoGames units in June, which saw revenue surge by 83.8%.

CEO and managing director Trevor Croker called this integration a “significant strategic milestone” and emphasized its long-term benefits for Aristocrat, saying, “We are advancing NeoGames’ integration into the business and observing building momentum across the entire company.”

Gaming Growth Driven by North America in 2024

Breaking down performance, gaming remained Aristocrat’s main revenue stream, rising 4.8% to AU$3.63 billion, with AU$1.92 billion from North America, up 6.1%, due to the launch of new games during the period.

Revenue from gaming in other global markets fell by 1.8%, largely due to lower unit sales in Australia and New Zealand. Meanwhile, Pixel United, the mobile gaming division, recorded a slight revenue drop of 0.5% to AU$2.64 billion. Coinciding with this, Aristocrat announced it has agreed to sell its Plarium Global mobile gaming business to Modern Times Group for US$820 million.

The new Interactive division generated AU$335.7 million in revenue, up from AU$182.6 million the previous year, driven by igaming’s continued scaling across North America and Europe, with iLottery maintaining its market leadership in the US.

Net Profit Surges to AU$1.56 Billion

With AU$963.7 million in unallocated expenses, Aristocrat reported a pre-tax profit of AU$1.93 billion, up 16.4%, resulting in a net profit of AU$1.56 billion, a 17.2% increase from 2023. Croker praised the results as “outstanding” and highlighted the company’s resilience across mixed operating environments.

Looking ahead, Aristocrat plans to implement the findings from its casual and strategic asset review and expects continued net profit growth in 2025, driven by sustained market share and gains in revenue and profit from Aristocrat Gaming.
18+ | Juegoseguro.es – Jugarbien.es
ADVERTISING
   
Información de cookies y web beacons
Esta página web utiliza cookies propias y de terceros, estadísticas y de marketing, con la finalidad de mejorar nuestros servicios y mostrarle información relacionada con sus preferencias, a través del análisis de sus hábitos de navegación. Del mismo modo, este sitio alberga web beacons, que tienen una finalidad similar a la de las cookies. Tanto las cookies como los beacons no se descargarán sin que lo haya aceptado previamente pulsando el botón de aceptación.
Cerrar Banner