Inse.O
Inspired Entertainment Inc (INSE.O) operates as an application software provider within the Software & IT Services sector, generating revenue through its gaming and entertainment technology platforms.
Business. Inspired Entertainment Inc (INSE.O) operates as an application software provider within the Software & IT Services sector, generating revenue through its gaming and entertainment technology platforms.
At a glance
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The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Company
- EarningsQ2 2026 earnings (expected)2026-08-05 · estimated
- Peers
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · ServiceNow (NOW)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Inspired Entertainment Inc (INSE.O) operates as an application software provider within the Software & IT Services sector, generating revenue through its gaming and entertainment technology platforms.
Inspired Entertainment Inc maintains a negative equity position of -$16.2 million against total assets of $439.9 million and total liabilities of $456.1 million. The balance sheet is heavily leveraged, with long-term debt standing at $345.2 million, resulting in a debt-to-equity ratio of -21.31. Despite the negative equity, the company generates positive operating cash flow of $52.0 million, which exceeds its capital expenditures of $35.7 million, indicating sufficient internal cash generation to cover investment needs. Liquidity risk is assessed as medium, primarily due to the negative net cash position after subtracting total debt.
Profitability metrics present a mixed picture, with operating income of $30.5 million contrasting against a net income loss of $17.0 million. Return on assets is negative at -3.86%, reflecting the drag from the net loss on the asset base. Return on equity is reported as 1.05, a figure that is mathematically distorted by the negative equity denominator and should not be interpreted as a standard profitability measure. Without cohort median data for direct comparison, the company’s ability to convert operating income to net income suggests significant non-operating expenses or interest costs associated with its high debt load.
The company’s operational structure includes multiple subsidiaries across various jurisdictions, including Playnation Limited, Inspired Gaming (Gibraltar) Limited, and entities in Colombia, Italy, Greece, and India. This geographic dispersion suggests a global revenue base, although specific revenue concentration by segment or region is not detailed in the available data. The presence of subsidiaries in key gaming markets like Gibraltar and Italy indicates a strategic focus on regulated gaming jurisdictions.
Growth trajectory analysis is limited by the absence of historical period data in the current input. The latest normalized period shows revenue of $304.1 million. Without prior period comparisons, year-over-year growth rates cannot be calculated. The company’s ability to sustain this revenue level while managing a negative equity position remains a key focus for investors.
Risk factors include medium liquidity risk and low dilution risk. The key flag notes that net cash is negative after subtracting total debt, highlighting the company’s reliance on debt financing. The low dilution risk suggests that the company is not currently issuing significant new shares, with basic and diluted shares outstanding both at 26.87 million.
Recent observations include reconciler events indicating zero analysis jobs for the company, which may reflect a lack of recent analyst coverage or data updates. The company’s subsidiary structure remains stable, with no recent changes reported in the IR observations.
- Negative equity of -$16.2M and high debt-to-equity of -21.31 signal significant financial leverage.
- Positive operating cash flow of $52.0M covers capital expenditures of $35.7M, providing internal liquidity.
- Net loss of $17.0M despite $30.5M operating income indicates high interest or non-operating costs.
- Global subsidiary presence suggests diversified geographic exposure, though specific revenue splits are unavailable.
- Low dilution risk with stable share count of 26.87 million shares.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Chief Financial Officer · Restricted Stock Units → Common StockAcquired 30 000grant · 2026-05-14
- President and CEO · Performance Restricted Stock Units → Common StockAcquired 61 775grant · 2026-03-10
- General Counsel · Performance Restricted Stock Units → Common StockAcquired 6 069grant · 2026-03-10
- President and CEO · Performance Restricted Stock Units → Common StockAcquired 25 526grant · 2026-03-10
- Chief Financial Officer · Performance Restricted Stock Units → Common StockAcquired 7 284grant · 2026-03-10
- Director, Executive Chairman, 10% owner · Performance Restricted Stock Units → Common StockAcquired 41 666grant · 2026-03-10
- Director, Executive Chairman, 10% owner · Performance Restricted Stock Units → Common StockAcquired 39 536grant · 2026-03-10
- Chief Financial Officer · Performance Restricted Stock Units → Common StockAcquired 9 986grant · 2026-02-24
- Chief Financial Officer · Restricted Stock Units → Common StockAcquired 9 987grant · 2026-02-24
- General Counsel · Restricted Stock Units → Common StockAcquired 8 322grant · 2026-02-24
- General Counsel · Performance Restricted Stock Units → Common StockAcquired 8 322grant · 2026-02-24
- Director, Executive Chairman, 10% owner · Restricted Stock Units → Common StockAcquired 40 000grant · 2026-02-24
- Director, Executive Chairman, 10% owner · Performance Restricted Stock Units → Common StockAcquired 40 000grant · 2026-02-24
- President and CEO · Restricted Stock Units → Common StockAcquired 32 083grant · 2026-02-24
- President and CEO · Performance Restricted Stock Units → Common StockAcquired 32 082grant · 2026-02-24
- President and CEO · Restricted Stock Units → Common StockDisposed 8 608exercise · 2026-01-02
- Director, Executive Chairman, 10% owner · Performance Restricted Stock Units → Common StockDisposed 11 693exercise · 2026-01-02
- President and CEO · Restricted Stock Units → Common StockDisposed 6 500exercise · 2026-01-02
- President and CEO · Performance Restricted Stock Units → Common StockDisposed 9 092exercise · 2026-01-02
- President and CEO · Restricted Stock Units → Common StockDisposed 6 198exercise · 2026-01-02
- Director, Executive Chairman, 10% owner · Restricted Stock Units → Common StockDisposed 13 333exercise · 2026-01-02
- Director, Executive Chairman, 10% owner · Restricted Stock Units → Common StockDisposed 8 360exercise · 2026-01-02
- General Counsel · Restricted Stock Units → Common StockDisposed 2 047exercise · 2025-12-31
- Chief Financial Officer · Restricted Stock Units → Common StockDisposed 10 000exercise · 2025-12-31
- Chief Financial Officer · Performance Restricted Stock Units → Common StockDisposed 2 456exercise · 2025-12-31
Actions
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- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Capex To Revenuecapital_expenditure / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- INSPIRED ENTERTAINMENT, INC. Market data — financials · 2026-07-30
- reconciler_enqueue (reconciler) on INSE.O · 2026-07-30
- INSE.O HA canonical relationships · 2026-07-30
Ownership & reference
Top holders
- Institutional Investor · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2024-06-300,00 %$14M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2024-12-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Brooks Harrison PiercePresident, Chief Executive Officer
Insider activity
- Director, Executive Chairman, 10% owner · Common StockBought 20 000 @ $6,80$136K · 2026-03-27
- President and CEO · Common StockBought 5 000 @ $6,76$34K · 2026-03-27
- Director, Executive Chairman, 10% owner · Common StockBought 21 659 @ $6,85$148K · 2026-03-26
- President and CEO · Common StockBought 13 332 @ $6,88$92K · 2026-03-26
- Director · Common StockBought 5 188 @ $6,90$36K · 2026-03-26
- Director · Common StockBought 4 812 @ $6,95$33K · 2026-03-26
- President and CEO · Common StockBought 1 668 @ $6,66$11K · 2026-03-25
- Director, Executive Chairman, 10% owner · Common StockBought 8 341 @ $6,66$56K · 2026-03-25
- Director, Executive Chairman, 10% owner · Common StockOther 14 222 @ $9,36$133K · 2026-01-02
- Director, Executive Chairman, 10% owner · Common StockOther 13 333 · 2026-01-02
- Director, Executive Chairman, 10% owner · Common StockOther 5 680 @ $9,36$53K · 2026-01-02
- Director · Common StockOther 12 047 · 2026-01-02
- Director · Common StockOther 12 047 · 2026-01-02
- Director · Common StockOther 10 952 · 2026-01-02
- Director · Common StockOther 12 047 · 2026-01-02
- Director · Common StockOther 10 952 · 2026-01-02
- Director · Common StockOther 12 047 · 2026-01-02
- Director, Executive Chairman, 10% owner · Common StockOther 33 386 · 2026-01-02
- President and CEO · Common StockOther 14 991 @ $9,36$140K · 2026-01-02
- President and CEO · Common StockOther 30 398 · 2026-01-02
- General Counsel · Common StockOther 963 @ $9,36$9K · 2025-12-31
- General Counsel · Common StockOther 2 047 · 2025-12-31
- Chief Financial Officer · Common StockOther 12 456 · 2025-12-31
- Chief Financial Officer · Common StockOther 5 855 @ $9,36$55K · 2025-12-31
- Director, Executive Chairman, 10% owner · Common StockBought 50 000 @ $8,11$406K · 2025-11-26
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shares outstanding (annual): 26.87MUnknown
- Capex (annual): USD 35.7MUnknown
- Pre-tax income (annual): USD -5.9MUnknown
- R&D expense (annual): USD 19.4MUnknown
- Current liabilities (annual): USD 70.8MUnknown
- Long-term debt (annual): USD 363.2MUnknown
- Operating income (annual): USD 30.5MUnknown
- Operating cash flow (annual): USD 52MUnknown
- Current assets (annual): USD 158MUnknown
- Net income (annual): USD -17MUnknown
- Revenue (annual): USD 304.1MUnknown
- EPS (diluted) (annual): USD-PER-SHARES -1Unknown
- Shareholders' equity (annual): USD -16.2MUnknown
- Total operating expenses (annual): USD 6.9MUnknown
- EPS (basic) (annual): USD-PER-SHARES -1Unknown
- Total assets (annual): USD 439.9MUnknown
- Total liabilities (annual): USD 456.1MUnknown
- Current liabilities (annual): USD 104MUnknown
- Current assets (annual): USD 159.9MUnknown
- EPS (basic) (annual): USD-PER-SHARES 2Unknown
- Operating cash flow (annual): USD 31.7MUnknown
- EPS (diluted) (annual): USD-PER-SHARES 2Unknown
- Capex (annual): USD 17MUnknown
- Total assets (annual): USD 438.4MUnknown