Investor Presentaiton
Conclusion
·
Revenue improvements across all major markets compared to pcp and fairly consistent
revenue compared to prior half. AGT enters the calendar year 2023 with good
momentum and expects to have continued growth in North America, further
improvements in Latin America markets and steady performance from Australia.
Risk mitigation strategies put in place to minimise inherent challenges brought about
from COVID-19, primarily relating to global supply chain disruptions, talent recruitment
and increasing inflationary cost pressures.
AGT's North American business continues to make progress in Class II and HHR
markets. Opportunities are continually being pursued in existing and new HHR markets,
in particular New Hampshire, Louisiana, Alabama and Wyoming HHR markets and new
locations within Kentucky.
Continued focus in R&D investment with clear product strategy to drive sustained, long-
term growth. Broadening of R&D team and third-party developers to deliver high quality
innovative games and diversity in product offerings.
The date of achieving a final resolution with the Mexican Tax Administration Service
(SAT) remains uncertain and the Company will ensure that the market is kept updated
for all future material developments relating to this matter.
As outlined in the 2 June 2022 ASX release, the Company's financial year end will
change from 30 June to 31 December (calendar year basis) which will be effective on 1
January 2023. The Company's current period results represent six-month transitional
financial year beginning on 1 July 2022 and ending on 31 December 2022.
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