Intralot has kicked off 2025 with solid momentum. The gaming tech firm posted a notable bump in revenue and a sharp rise in cash flow. The INTRALOT Q1 2025 results reflect both operational gains and key contract extensions in New Zealand and the US.

  • Group revenue reached €94.4m in Q1 2025, up 10.9% year-on-year. This jump was mainly driven by ongoing performance across international markets. The INTRALOT Q1 2025 results highlight renewed business activity and demand for the company’s technology solutions.

  • EBITDA stood at €30.2m, a slight 0.3% rise from last year. Adjusted EBITDA for the last 12 months was stable at €130.8m. Profit before tax came in at €3.6m, while net income landed at a minor loss of €0.6m.

  • Operating cash flow hit €48.9m, rising €21.8m from Q1 2024. The jump in cash flow marks a key improvement in liquidity. INTRALOT said this boost came alongside ongoing debt reduction efforts.

  • Capital expenditure totaled €5.6m in the quarter. Total cash reserves stood at €104.0m, including restricted cash linked to loan terms. Adjusted net debt dropped to €316.5m, down €39.2m since December 2024.

  • The adjusted net leverage ratio improved to 2.4x, compared to 2.7x at year-end 2024. This reflects better financial discipline and lower borrowing costs. INTRALOT pointed to continuing debt reduction as a strategic focus.

  • In April, INTRALOT New Zealand Ltd. extended its deal with the country’s Department of Internal Affairs. The EMS contract will now run through 2032, with an option to extend again. The current agreement was also extended to May 2026.

  • INTRALOT Inc., the group’s U.S. arm, extended its contract with the New Hampshire Lottery Commission by seven years. The deal runs until September 2033. The state also became the first in the US to roll out INTRALOT’s new Lotos X central platform.

  • Chairman Sokratis P. Kokkalis said: “INTRALOT’s Q1 2025 results are characterized by revenue growth and free cash flow generation combined with stable profitability and continuing debt reduction.” He noted the long-term renewals in both New Zealand and New Hampshire as commercial wins.

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