Aristocrat upbeat about strong revenue numbers in 2021

Aristocrat upbeat about strong revenue numbers in 2021

Aristocrat has commended the growth of its casino portfolio as it continued to “diversify” during the last 12 months, according to its FY 2021 financial report.

Aristocrat Gaming reports strong numbers for 2021

Reporting its 2021 full-year results for the period ending September 30, 2021, 80 percent of the company’s revenue was produced from recurring sources, which Aristocrat said strengthened the business’ resilience.

The group’s growth continues to be driven by ongoing investment in game design, development, and technology, with $527.6m investment in Design & Development during the reporting year, representing 11.1 per cent of the firm’s revenue.

Aristocrat, chief executive officer and managing director, Trevor Croker, noted: “The performance and momentum we’ve delivered this year demonstrates the successful execution of our expansion strategy.

“We continued to take share and produce above-category organic growth across the year by the persistent investment in excellent product, people, and capability, and further improving our business fundamentals.

“Our progress is evidenced in the share gain and margin expansion achieved across key segments during the year, with industry-leading games and products and further diversification across our Aristocrat Gaming and Pixel United portfolios.”

Promising future

Aristocrat also underlined its share gain, along with “outstanding” average fee per day, achieved across North American Class II and Class III premium installed bases, which grew to 54,032 units with most machines switched on in venues that were open September 30, 2021.

Moreover, successful delivery of live ops, new features, slot content and efficient user acquisition investment are comprised 28 percent of Pixel United1’s income.

Moving forward, the business aims for continuous growth for the full year to September 30, 2022, assuming no substantial change in economic and industry conditions – excluding the impact of potential acquisitions and funding for Playtech.

About Lou De Aguila

Lou Aguila is a news and feature writer for Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.