Aristocrat grows revenue nearly 90% in 2015

The company produced a profit of $186.4m for the year and is looking to boost its acquisition drive to continue its upward momentum.

“The growth in the Group’s recurring revenue base and strong cash flows provide the business with the capacity to consider additional organic and inorganic investments over the coming period,” said Jamie Odell, Aristocrat CEO. “Recent strategic investments – most particularly of VGT – have delivered ahead of our expectations.”

VGT was acquired in October 2014 and integrated into Aristocrat of the course of this year, resulting in the Company more than doubling its profit in North America. There was significant growth in North American gaming operations across both Class III and Class II segments, which the Company expects to see further growth in its outlook for 2016.

Profitability also grew in core outright sale segments in North America, Australia and Asia Pacific. In Australia, Aristocrat’s unit sales increased 43.6pc year-on-year, despite mixed market conditions. Digital revenues were also up, almost three-fold over the prior year, due to growth of Heart of Vegas™ app, which launched on iPhone and Android during the period.

“Aristocrat delivered outstanding performance over the 12 months to September 30, 2015,” added Odell. “Over the course of the year, the business continued to focus on thing within our control, namely broadening and deepening our core portfolio, improving front-end effectiveness, investing in outstanding talent and entrenching a high performance culture.”