ACEL Q2 2023 Earnings — Accel Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

ACELAccel Entertainment, Inc.

$966M

Q2 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$293M+28.4% YoY

Gross Profit

$88M30.1% margin

Operating Income

$29M10.0% margin

Net Income

$10M3.4% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$863M

Total Liabilities

$675M

Stockholders' Equity

$189M

Cash & Equivalents

$233M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$293M	$228M	+28.4%
Gross Profit	$88M	$72M	+21.7%
Operating Income	$29M	$27M	+6.8%
Net Income	$10M	$22M	-55.6%

Revenue Segments

Video Gaming

$278M95%

Amusement

$6M2%

ATM Fees And Other Revenue

$5M2%

Manufacturing

$4M2%

Geographic Segments

ILLINOIS

$216M74%

NEVADA

$39M13%

MONTANA

$30M10%

Other State

$8M3%