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NeoGames (NGMS) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChart

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

DateRevenueChange
2023-12-31$191.54M15.59%
2022-12-31$165.70M228.36%
2021-12-31$50.46M2.56%
2020-12-31$49.20M48.82%
2019-12-31$33.06M40.82%
2018-12-31$23.48M36.91%
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

DateRevenueChange
2023-12-31$47.76M3.08%
2023-09-30$46.34M-3.28%
2023-06-30$47.91M-3.28%
2023-03-31$49.53M-28.44%
2022-12-31$69.22M11.34%
2022-09-30$62.17M195.34%
2022-06-30$21.05M58.88%
2022-03-31$13.25M8.13%
2021-12-31$12.25M2.35%
2021-09-30$11.97M-7.09%
2021-06-30$12.89M-3.46%
2021-03-31$13.35M-4.70%
2020-12-31$14.01M6.73%
2020-09-30$13.12M1.26%
2020-06-30$12.96M42.27%
2020-03-31$9.11M1.73%
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/ServiceDec 23Dec 22Dec 21Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
IGTInternational Game$4.31B$1.07B
LNWLight & Wonder$2.90B$817.00M
CHDNChurchill Downs$2.46B$628.50M
ACELAccel Entertainment$1.17B$302.23M
EVRIEveri$807.82M$91.55M
AGSPlayAGS$356.54M$99.17M
INSEInspired Entertainment$323.00M$78.00M
NGMSNeoGames$191.54M$47.76M
CDROCodere Online Luxembourg$115.75M-
GAMBGambling.com Group$108.65M$29.21M
CPHCCanterbury Park$61.44M$19.28M

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.