Inspired Entertainment (INSE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Inspired Entertainment

NasdaqCM•Consumer Cyclical•Gambling

$5.10-0.17(-0.03%)Market closed

Market Cap

$138.47M

P/S

0.5x

Inspired Entertainment, Inc., a gaming technology company, supplies content, platform, and other products and services to online and land-based regulated lottery, betting, and gaming operators in the United Kingdom, Greece, and internationally. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to licensed betting offices, casinos, gaming halls, and adult gaming centers; a portfolio of games through its digital terminals under the Gold Cash Free Spins, Golden Winner, Cops n Robbers Big Money, Big Piggy Bank, and Wolf it Up; and a range of traditional casino games, such as roulette, blackjack, and number games. This segment also offers Velos, Vantage Slant, Astra's Community Party, Valiant, Vantage Cat C, Vantage, Valor, Prismatic B3, Prismatic Cat C, Ipub3, Sabre Hydra, Eclipse, and Flex gaming cabinets. Its Virtual Sports segment designs, develops, markets, and distributes games, including greyhound racing, tennis, motor racing, cycling, cricket, speedway, golf, and darts games under the V-Play Soccer, V-Play Women's Soccer, V-Play Football, V-Play Basketball, and V-Play Baseball brands. The Interactive segment provides a range of random number generated casino content from feature-rich bonus games to European-style casino free spins and table games. Its Leisure segment supplies gaming terminals and amusement machines in pubs, bingo halls, and adult gaming centers. Inspired Entertainment, Inc. was founded in 2002 and is headquartered in New York, New York.

How this company scores

WeakMetricSide Score: 30/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Profitability (11/25); weakest: Balance Sheet & Red Flags (5/25).

Profitability11/25

Growth7/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality7/25

Strengths

Long cash runwayImproving margins

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 4.9x5y range 3.5x – 136.1x

Currently below its 12-quarter median.

P/S · 0.5x5y range 0.5x – 1.4x

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg -25.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $138.47M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $281.40M
Q. Revenue: $60.80M
TTM EBITDA: $93.60M
TTM Op. Income: $40.10M
Q. Op. Income: $9.90M
TTM Net Income: $-9.40M
Q. Net Income: $200,000
EPS: $0.01
Shares Out.: $28.91M

$281.40M in TTM revenue declined 5.9% YoY, reaching $60.80M last quarter. TTM EBITDA of $93.60M and TTM operating income of $40.10M show growth is flowing through to the bottom line. However, net income is negative at $9.40M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 40.1%
Op. Margin: 16.3%
Net Margin: 0.3%

Op. margin of 16.3% is up 6.4% YoY — cost efficiency is improving. Net margin at 0.3% Across the last 8 quarters, operating margin has risen for 5 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: N/A

P/S of 0.5x and P/B of 0.0x. P/S is low relative to typical market levels. Across the last 4 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $392.90M
Cash: $23.20M
Long-Term Debt: $319.40M
Book Value: $-15.60M
D/E Ratio: N/A
Debt/EBITDA: 13.1

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.80M
TTM Free Cash Flow: $17.50M
FCF Margin: 6.2%
FCF / Net Income: -1.9

TTM FCF of $17.50M on $2.80M in operating cash flow. The FCF / Net Income ratio of -1.9x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 62% — a weakening trend.