Allwyn Reports Strong Q2 Financial Results
Allwyn International, a leading global lottery company, has released its unaudited financial results for the second quarter of 2025, covering the period ending June 30. The report reveals positive growth metrics across most areas, despite a decline in operating EBITDA.
Robust Financial Performance in Q2
For the second quarter, Allwyn reported total revenues of EUR 2.27 billion (approximately $2.67 billion), reflecting a 6% rise compared to EUR 2.14 billion recorded in the same quarter last year. When adjusting for a one-off gain in the previous year, this represents a 9% increase in revenue.
Gross gaming revenue contributed EUR 2.18 billion ($2.56 billion) to the total revenue, marking another 6% year-on-year increase. Adjusted EBITDA reached EUR 362 million ($425.1 million), up 6% compared to last year, with the adjusted EBITDA margin slightly improving by 0.3 percentage points to 36.4%.
However, the company’s operating EBITDA saw a drop, decreasing by 8% from EUR 327 million in Q2 2024 to EUR 301 million ($353.46 million) in the current quarter.
Capital expenditure rose by 11% to EUR 62 million ($72.8 million) during the quarter, while adjusted free cash flow improved by 6%, amounting to EUR 300 million ($352.3 million).
In terms of financing, Allwyn enhanced its capital structure by securing a new Senior Facilities Agreement worth EUR 2.15 billion ($2.52 billion) and issuing EUR 600 million ($704.6 million) in senior secured notes post-quarter. These measures aim to reduce funding costs and extend debt maturities.
Continuing the Growth Journey
Allwyn’s CEO, Robert Chvatal, expressed satisfaction with the quarter’s results, describing Q2 as another period of strong financial achievement. He credited the revenue growth to strong performances in key markets and the expansion of the digital segment.
Chvatal also emphasized the solid profitability growth reflected in the adjusted EBITDA, driven by excellent results in Austria, Greece, and Cyprus.
Addressing ongoing projects, he expressed enthusiasm about the modernization of the UK National Lottery, signaling optimism for the company’s future operations in the United Kingdom.
The CEO took the opportunity to welcome a new investor, J&T ARCH, which recently acquired a 4.27% ownership stake in Allwyn by investing EUR 500 million in August.
Chvatal concluded by affirming his confidence in the company’s forward trajectory and its strong positioning for the remainder of 2025 and beyond.
