May 31, 2024 – INTRALOT SA (RIC: INLr.AT, Bloomberg: INLOT GA), an international gaming solutions and operations leader, announces its financial results for the three-month period ended March 31st, 2024, prepared in accordance with IFRS.


  • Group Revenue at €85.1m in 1Q24 (-4.8% y-o-y, including the impact of €-6.7m due to the exchange rate movement in Argentina within December 2023).
  • EBITDA at €30.1m (-10.7% y-o-y) in 1Q24, while EBITDA margin remained at 35.4%, at the same levels with 35.6% on 31.12.23.
  • EBT in 1Q24 shaped at €5.4m and NIATMI (Net Income After Tax and Minority Interest) at €3.9m.
  • Operating Cash Flow at €27.1m in 1Q24.
  • Group CAPEX in 1Q24 was €6.8m.
  • Group Cash at the end of 1Q24 at €190.1m, higher by €78.2m vs. Dec-23.
  • Adjusted Net Debt at €329.5m at the end of 1Q24, lower by €3.7m vs. Dec-23 and €142.1m vs. 1Q23.
  • Adjusted Net Leverage ratio at 2.6x in 1Q24. In the respective period last year, Net Leverage ratio shaped at 3.6x.
  • On April 9, 2024, INTRALOT CAPITAL LUXEMBOURG SA completed the early full redemption of €99,568,000 in principal amount, plus accrued interest, of the 5.250% Notes due September 2024.
  • On 26.05.2024, the new central system LOTOS X went live at British Columbia Lottery (BCLC) in Canada.
  • Following the review of the ATHEX Index Series, INTRALOT's share will be included in the Composite Price Index of the Athens Stock Exchange as of 25.06.2024.

Note: Due to rounding, numbers presented throughout this, and other documents may not add up precisely to the totals.

For further information on INTRALOT’s financial results for the three-month period ended March 31, 2024, please download the comprehensive report listed below.