INSE

Inspired Entertainment, Inc.

13 filings tracked

technologycloud computingSMALL ($300M-2B)

Signal Magnitude Chart

bullish

bearish

neutral

Signal Timeline

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 22

Service gross margins expanded to approximately 75% as service revenue grew while costs remained flat.

margin expansion

80%

neutralMay 22

Refinanced debt via $363M in senior notes to extend maturities and maintain covenant compliance.

debt restructure

60%

bearishMay 22

Company reported a net loss of $17M due to high interest expenses and operational costs.

earnings miss

70%

bullishMay 22

Sold UK holiday parks business to streamline operations and generate $18.1M in net cash.

divestiture

50%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

bullishMay 7

Operating income surged 450% due to the divestiture of low-margin holiday park assets.

margin expansion

90%

bearishMay 7

Company reported a net loss of $0.5 million, though driven by non-operational tax and interest items.

earnings miss

30%

bullishMay 7

Launched a $25 million share repurchase program to return capital to shareholders.

buyback

60%

bearishMay 7

Management disclosed continuing material weaknesses in IT and revenue recognition controls.

regulatory action

70%

Filing History

10-KMay 22, 2026

The 10-K filing paints a picture of a company at a critical crossroads, balancing impressive operational efficiency against a crushing debt load. On one hand, the growth in service revenue and the surge in operating cash flow suggest that the core business model is fundamentally sound and highly generative. The divestiture of lower-margin leisure assets indicates a clear strategic focus on the higher-value gaming technology sector. However, the financial risk remains systemic. The gap between operating cash flow and net income is wide, primarily due to the cost of servicing senior notes. Investors are essentially betting on the company's ability to grow its way out of its debt before its liquidity runway expires in early 2027. The overall impact of the filing is a confirmation of a high-risk, high-reward turnaround: the operational engine is accelerating, but the financial brakes are heavily worn.

10-QMay 7, 2026

The Q1 2026 filing reveals a company in the midst of a high-stakes transition. By shedding low-margin physical assets, Inspired has successfully improved its operating margins and cleaned up its income statement. The growth in the Interactive and Virtual Sports segments provides a credible path toward a software-centric valuation, and the current leverage levels suggest the company has a sufficient runway to execute this pivot. However, the transition is not without friction. The contraction in the Retail Solutions segment indicates that the legacy business is struggling to maintain its footprint. Investors must weigh the excitement of the 'lean-tech' narrative against the reality of persistent material weaknesses in internal controls and the risks associated with variable-rate debt. The overall impact of the filing is a shift in risk profile: the company has traded operational complexity for financial and governance volatility, making the success of the Interactive segment's scale-up the critical variable for future valuation.