Allwyn International announced its unaudited financial results for the second quarter of 2025, with total revenue reaching 2.27 billion euros (approximately 2.6 billion US dollars), a 6% increase from the same period in 2024. The adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also grew by 6%, reaching 362 million euros, demonstrating stable operational performance.
The financial overview shows that total gaming revenue reached 2.19 billion euros, up 6% year-over-year. Net income also grew by 6%, but operating EBITDA slightly declined by 8%. Adjusted EBITDA increased to 362 million euros, with a profit margin of 36.4%. Capital expenditures rose by 11%, reaching 62 million euros, while adjusted free cash flow increased by 6%, reaching 300 million euros. The net debt to adjusted EBITDA ratio remained at 2.3 times.
In terms of business, the UK market performed well, mainly driven by the EuroMillions and other digital lotteries. With the launch of new games and the arrival of high jackpot cycles, the activity of online instant lotteries also showed a growth trend. This quarter, more than 30 new systems were put into use, including new central lottery systems and upgraded retail terminals.
Furthermore, Allwyn completed a 2.15 billion euro senior financing agreement and issued 600 million euros of senior secured notes, thereby optimizing financing costs and extending debt maturities. Investments in technology and retail infrastructure will support future product development, while 300 million euros of adjusted free cash flow provides security for the company's ongoing operations.
CEO Robert Chvatal stated, "Following a strong performance in the first quarter, I am pleased to report that we also achieved robust financial results in the second quarter, reflecting the continued successful execution of our growth strategy.
"This achievement reflects our focus on digital channel growth and the relentless efforts of our market teams in enhancing customer value and player experience. As always, while pursuing business growth, we remain committed to ensuring player safety and fulfilling our commitments to all stakeholders."
