NeoGames (NGMS) Revenue & Revenue Breakdown
NeoGames Revenue Highlights
Latest Revenue (Y)
$191.54M
Latest Revenue (Q)
$47.76M
Main Segment (Y)
Core
NeoGames Revenue by Period
NeoGames Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $191.54M | 15.59% |
| 2022-12-31 | $165.70M | 228.36% |
| 2021-12-31 | $50.46M | 2.56% |
| 2020-12-31 | $49.20M | 48.82% |
| 2019-12-31 | $33.06M | 40.82% |
| 2018-12-31 | $23.48M | 36.91% |
| 2017-12-31 | $17.15M | - |
NeoGames generated $191.54M in revenue during NA 2023, up 15.59% compared to the previous quarter, and up 815.82% compared to the same period a year ago.
NeoGames Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $47.76M | 3.08% |
| 2023-09-30 | $46.34M | -3.28% |
| 2023-06-30 | $47.91M | -3.28% |
| 2023-03-31 | $49.53M | -28.44% |
| 2022-12-31 | $69.22M | 11.34% |
| 2022-09-30 | $62.17M | 195.34% |
| 2022-06-30 | $21.05M | 58.88% |
| 2022-03-31 | $13.25M | 8.13% |
| 2021-12-31 | $12.25M | 2.35% |
| 2021-09-30 | $11.97M | -7.09% |
| 2021-06-30 | $12.89M | -3.46% |
| 2021-03-31 | $13.35M | -4.70% |
| 2020-12-31 | $14.01M | 6.73% |
| 2020-09-30 | $13.12M | 1.26% |
| 2020-06-30 | $12.96M | 42.27% |
| 2020-03-31 | $9.11M | 1.73% |
| 2019-12-31 | $8.96M | - |
NeoGames generated $47.76M in revenue during Q4 2023, up 3.08% compared to the previous quarter, and up 76.82% compared to the same period a year ago.
NeoGames Revenue Breakdown
NeoGames Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Development And Other Services From Npi | $4.35M | $5.65M | $7.58M | - |
| Development And Other Services From Michigan Joint Operation | $1.50M | $1.45M | $1.43M | - |
| Sports | $33.95M | $13.36M | - | - |
| Games | $43.88M | $18.27M | - | - |
| Core | $56.73M | $80.47M | - | - |
| Development And Other Services From Aspire | - | $767.00K | $1.62M | - |
| Royalty Revenues | - | - | - | $1.90M |
| Development Services | - | - | - | $4.40M |
NeoGames's latest annual revenue breakdown by segment (product or service), as of Dec 23: Core (40.40%), Games (31.25%), Sports (24.18%), Development And Other Services From Npi (3.10%), and Development And Other Services From Michigan Joint Operation (1.07%).
NeoGames Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IGT | International Game | $4.31B | $1.07B |
| LNW | Light & Wonder | $2.90B | $756.00M |
| CHDN | Churchill Downs | $2.46B | $890.70M |
| ACEL | Accel Entertainment | $1.17B | $309.41M |
| EVRI | Everi | $807.82M | $191.19M |
| AGS | PlayAGS | $356.54M | $96.74M |
| INSE | Inspired Entertainment | $323.00M | $75.60M |
| NGMS | NeoGames | $191.54M | $47.76M |
| CDRO | Codere Online Luxembourg | $115.75M | - |
| GAMB | Gambling.com Group | $108.65M | $29.21M |
| CPHC | Canterbury Park | $61.44M | $16.20M |
NGMS Revenue FAQ
What is NeoGames’s yearly revenue?
NeoGames's yearly revenue for 2023 was $191.54M, representing an increase of 15.59% compared to 2022. The company's yearly revenue for 2022 was $165.7M, representing an increase of 228.36% compared to 2021. NGMS's yearly revenue for 2021 was $50.46M, representing an increase of 2.56% compared to 2020.
What is NeoGames’s quarterly revenue?
NeoGames's quarterly revenue for Q4 2023 was $47.76M, a 3.08% increase from the previous quarter (Q3 2023), and a -31.00% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $46.34M, a -3.28% decrease from the previous quarter (Q2 2023), and a -25.47% decrease year-over-year (Q3 2022). NGMS's quarterly revenue for Q2 2023 was $47.91M, a -3.28% decrease from the previous quarter (Q1 2023), and a 127.57% increase year-over-year (Q2 2022).
What is NeoGames’s revenue growth rate?
NeoGames's revenue growth rate for the last 3 years (2021-2023) was 279.56%, and for the last 5 years (2019-2023) was 479.33%.
What are NeoGames’s revenue streams?
NeoGames's revenue streams in c 23 are Development And Other Services From Npi, Development And Other Services From Michigan Joint Operation, Sports, Games, and Core. Development And Other Services From Npi generated $4.35M in revenue, accounting 3.10% of the company's total revenue, down -23.04% year-over-year. Development And Other Services From Michigan Joint Operation generated $1.5M in revenue, accounting 1.07% of the company's total revenue, up 3.38% year-over-year. Sports generated $33.95M in revenue, accounting 24.18% of the company's total revenue, up 154.12% year-over-year. Games generated $43.88M in revenue, accounting 31.25% of the company's total revenue, up 140.24% year-over-year. Core generated $56.73M in revenue, accounting 40.40% of the company's total revenue, down -29.51% year-over-year.
What is NeoGames’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of NeoGames was Core. This segment made a revenue of $56.73M, representing 40.40% of the company's total revenue.