Pokie maker takes hit

Ainsworth’s full-year profit fell. The poker-machine maker reported a net profit of $52 million for the year to June 30, down from $64 million in the prior year.

Ainsworth made a net profit of $52 million in the year to June 30, compared with $64 million the previous year.

The decline in reported net profit was attributed to changes in the recognition of tax expenses, which affected the company’s reported bottom line.

The article attributes the profit fall to changes in tax expense recognition rather than detailing an operational downturn, so investors should distinguish accounting impacts from core operating performance when evaluating the result.

Ainsworth expects net profit to grow by at least 15% in the first six months of the new financial year, according to the company’s guidance reported in the article.

No — the 15% figure is the company’s expectation for the first six months and is not guaranteed. Investors should monitor future updates and underlying business performance to assess whether the outlook is met.

Investors should review the drivers behind the reported numbers—distinguishing accounting changes (like tax recognition) from operational results—follow the company’s near-term profit guidance, and watch for subsequent updates or full financial reports for more detail.

Investors can look for Ainsworth’s official financial statements and company announcements for full details and context on the profit figures and the company’s 15% growth expectation for the first half of the financial year.