ACEL Q1 2023 Earnings — Accel Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

ACELAccel Entertainment, Inc.

$966M

Q1 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$293M+48.9% YoY

Gross Profit

$88M30.1% margin

Operating Income

$28M9.4% margin

Net Income

$9M3.1% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$870M

Total Liabilities

$688M

Stockholders' Equity

$182M

Cash & Equivalents

$229M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$293M	$197M	+48.9%
Gross Profit	$88M	$64M	+37.3%
Operating Income	$28M	$21M	+30.5%
Net Income	$9M	$16M	-41.8%

Revenue Segments

Video Gaming

$279M95%

Amusement

$7M2%

ATM Fees And Other Revenue

$5M2%

Manufacturing

$2M1%

Geographic Segments

ILLINOIS

$220M75%

MONTANA

$36M12%

NEVADA

$30M10%

Other State

$7M2%