According to the latest financial news, Everi, a producer of slot machines and a provider of financing equipment for casinos, has recently reported that it hit a new record in terms of net profit. As the company states, the net profit reached the point of $152.7 million in the financial year of 2021.
The officials announced that the year 2021 was beneficial for the company. In terms of total gross revenue, Everi reached $660.4 million. Compared to the previous financial year ($383.7 million), the company could overstep it by 72.1%.
The gaming sector remains the most profitable element of the company. This element brought $376.7 million in 2021. Some part of this sum, to be precisely $272.8 million, came from gaming operations.
The fintech part of the company did not step aside. The financial technology GGR climbed an increase of 54.7%, which is equal to $283.7 million. From this sum, $178 million came from financial access services, while the total revenue of the company’s software and hardware solutions brought $67.8 million and $37.8 million, respectively.
After all accounting processes and receiving tax benefits ($51.9 million), the company was happy to announce net profit, which climbed $152.7 million. And it was way better compared to the 2020 financial year ($82.1 million in losses).
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