Aristocrat Leisure (ASX: ALL), a global leader in gaming and entertainment, has announced robust financial results for fiscal year 2024, ending September 30. The company reported a revenue increase of 5% to AUD 6.6 billion and a 17% rise in net profit after tax and before amortization to AUD 1.6 billion. This growth was attributed to effective execution in gaming operations and strategic portfolio management.
Aristocrat Leisure has demonstrated strong financial performance in FY24, supported by a focus on core gaming operations, strategic divestments, and innovation. The company achieved a 12% increase in segment profit and a 20% rise in EPS, alongside a 37.4% EBITDA margin. The sale of Plarium enhances Aristocrat's concentration on regulated gaming markets, with the transaction expected to close in the first half of 2025. Looking forward to FY25, Aristocrat anticipates continued NPATA growth, driven by market share expansion, innovation, and cost optimization. The company aims to leverage its content across multiple platforms, maintain high governance standards, and return significant value to shareholders.
Our strong performance in FY24 reflects our commitment to strategic execution and market expansion. The divestment of Plarium allows us to focus more on our core operations, and we are optimistic about our continued growth in regulated gaming markets.