InvestSMART

Light & Wonder Inc. (ASX: LNW) - Financials

- Current share price for LNW : $107.730

Light & Wonder, Inc. (LNW) operates as a cross-platform global games company with emphasis on content and digital markets. Its portfolio consists of revenue streams that include: Supplying game content, gaming machines, content management systems (CMS), and table game products and services to licensed gaming entities, Delivering social casino and mobile games, including casual gaming, to retail customers, Offering digital gaming content, distribution platforms, player account management systems, and other iGaming services.

LNW Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E
Relative P/E Shareholder Return
2025 $58.50 1401.2 ¢ 882.4 ¢ 0 ¢ 0% $4.26 16 114.7% 14.9%
2024 $56.20 1113.4 ¢ 761 ¢ 0 ¢ 0% $11.90 19.2 139.1% 13.4%
2023 $45.60 926.1 ¢ 423.8 ¢ 0 ¢ 0% $12.43 26.9 195.6% 0%

LNW Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$7,757,358 $469,147 $7,678,171 95% $0.00 $366,054 5%
Note: All dollars in thousands ('000) for the table above

LNW Historical Financials

2025 2024 2023
Revenue ($M) 4,951.4 5,127.9 4,242.7
Operating Margin (%) 39.5 36.7 34.6
Depreciation ($M) -267.4 -215.5 -171.1
Amortisation ($M) -339 -365 -390
Net Profit Before Abs ($M) 747 694.9 394.7
Net Profit After Abs ($M) 412.4 540.5 238.3
Income Tax Rate (%) 24.4 20.2 12.2
Net Profit Margin (%) 15.1 13.6 9.3
Employees ($T) 6.8 6.8 6.5
Long Term Debt ($M) 7,678.2 6,237.7 5,688.6
Shareholders Equity ($M) 366.1 1,023 1,118.4
Return on Capital (%) 13 14 10
Return on Equity (%) 204.1 67.9 35.3
Payout Ratio (%)

LNW Cashflow

2025 2024 2023
Customer Receipts ($M)
Net Operating Cashflow ($M) 1,186.3 1,016.6 862.6
Net Investing Cashflow ($M) -1,750 -415 -367
Net Financing Cashflow ($M) 480 -928 -348

LNW Market & Earnings

2025 2024 2023
Market Cap ($M) 13,551 11,796 10,890
Net Gearing (%) 2,012.7 565.2 444.2
Net Interest Cover (%) 2.88 2.76 2.01
Dividend Yield (%)
NTA Per Share ($) -71.7 -53.7 -47.8
EBITDA ($M) 1,956 1,884 1,469
EBIT ($M) 1,349.2 1,302.9 907.9
EBT Before Abs ($M) 880 831.6 456.1

LNW Balance Sheet

2025 2024 2023
Cash ($M) 390 492.2 752.9
Debtors ($M) 1,029.4 941 739.8
Other Debtors ($M)
Prepayments ($M) 245 215.5 165.2
Inventories ($M) 252.5 254.1 258.8
Current Investments ($M)
Other Current Assets ($M)
Total Current Assets ($M) 1,917 1,903 1,917
Receivables ($M) 143.4 156 54.1
Inventories ($M)
Property, Plant & Equipment ($M) 584.2 530.8 421.1
Accumulated Depreciation ($M)
Intangibles ex. Goodwill ($M) 1,492.6 989.2 1,115.5
Goodwill ($M) 5,037 4,649 4,306
Future Income Tax Benefit ($M) 379.5 368.3 207.6
Non-Current Investments ($M)
Other Non-Current Assets ($M) 101.6 123.9 96.5
Total Non-Current Assets ($M) 7,738 6,817 6,200
Total Assets ($M) 9,655 8,720 8,117
Accounts Payable ($M) 282.4 347.4 352.3
Provisions ($M) 38.8 78.8 42.4
Short Term Debt ($M) 79.2 37 32.2
Other Current Liabilities ($M) 799.3 719 590.6
Total Current Liabilities ($M) 1,200 1,182 1,018
Creditors ($M)
Long Term Debt ($M) 7,678 6,238 5,689
Provisions ($M) 16.4 19.3 29.2
Other Non-Current Liabilities ($M) 394.4 257.4 263.2
Total Non-Current Liabilities ($M) 8,089 6,514 5,981
Total Liabilities ($M) 9,289 7,697 6,999
Share Capital ($M) -1,231.1 -24.1 538
Reserves ex. Share Premium ($M)
Share Premium Reserve ($M)
Retained Profits ($M) 1,597.2 1,047.1 580.4
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M)
Total Shareholders Equity ($M) 366.1 1,023 1,118.4

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