FY25 Results Investor Presentation: Aristocrat Leisure

Aristocrat Leisure delivered a robust FY 2025, reporting A$6.3 billion in revenue—an 11 % year‑on‑year increase—and operating profit of A$3.2 billion, up 12 %. Earnings per share grew in tandem, underscoring disciplined cost control and a balanced mix of land‑based gaming, social casino, and online real‑money operations. The company’s strategic pillars—governance, responsible play, operational excellence, people, sustainability and community impact—supported this performance, while investments in AI‑driven safety and supplier refreshes reinforced long‑term resilience.

Operating metrics reflected a healthy margin expansion: EBITDA rose to A$2.63 billion, 15.6 % higher than the prior year, with a margin of 41.7 %. Cash generation remained strong, with operating cash flow of A$1.93 billion and a net debt‑to‑EBITDA ratio of 0.2×, enabling A$1.4 billion in shareholder returns through dividends and buy‑backs. Forecasts for FY 2026 project revenue growth of 9 % to A$3.96 billion and EBITDA expansion of 8.8 %, with a slight margin decline to 55 % due to a shifting revenue mix, yet maintaining a net debt‑to‑EBITDA target of 0.2–0.4×.

Segment analysis highlighted strong unit growth across North America, ANZ and the rest of the world, with social‑casino franchises outperforming broader market trends. Direct‑to‑consumer sales doubled to 16 % of revenue, reflecting a strategic pivot toward higher‑margin channels. Product Madness and Interactive segments contributed modest gains, while core gaming operations continued to drive profitability.

Geographically, Aristocrat’s footprint spans Australia, New Zealand, North America and other global markets, with a focus on iLottery, social slots and live‑ops. The company’s forward‑looking statements acknowledge regulatory, economic and competitive risks across B2B, B2C, CXS and online real‑money gaming segments. Overall, the FY 2025 results demonstrate sustained growth, operational efficiency and a clear path to long‑term profitability.