Brightstar Lottery logo BRSL - Brightstar Lottery

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 4
HOLD 2
SELL 0
STRONG
SELL 0
| PRICE TARGET: $15.40 DETAILS
HIGH: $20.00
LOW: $12.60
MEDIAN: $14.50
CONSENSUS: $15.40
UPSIDE: 37.50%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020
Revenue
Revenue 2,511 2,512 2,529 2,597 4,089 3,115.5
Cost of Revenue 1,244 1,179 1,157 1,400 2,131 1,979.7
Gross Profit 1,267 1,333 1,372 1,197 1,958 1,135.8
Operating Expenses
R&D Expenses 47 43 36 45 238 190.9
SG&A Expenses 338 357 355 400 810 706.9
Other Expenses 0 204 215 3 8 0
Operating Expenses 385 604 606 448 1,056 897.8
Operating Income
Operating Income 882 729 766 749 902 237.9
Interest Expense 203 214 217 224 355 417.9
Interest Income 31 9 10 8 13 15.0
Profitability
EBITDA 882 1,137 1,120 1,415 1,410 136.4
EBIT 661 735 705 996 884 (429.8)
Income Before Tax 300 521 488 772 529 (847.7)
Income Tax Expense 165 250 223 212 274 27.7
Net Income 147 348 156 275 482 (897.9)
Per Share Data
EPS (Basic) -0.01 1.92 0.78 1.38 2.35 -4.39
EPS (Diluted) -0.01 1.90 0.77 1.37 0.32 -4.39
Shares Outstanding 197 202 200 201.8 205.0 204.7
Metric 2025 2024 2023 2022 2021 2020
Current Assets
Cash & Cash Equivalents 1,446 584 508 590 591 1,106.3
Short-Term Investments 0 0 0 0 0 0
Net Receivables 526 489 458 1,031 1,388 1,231.3
Inventory 116 113 110 254 183 169.2
Other Current Assets 248 4,934 1,004 210 271 885.2
Total Current Assets 2,336 6,165 2,125 2,129 2,487 3,440.1
Non-Current Assets
Property, Plant & Equipment 860 767 799 1,269 1,369 1,520.7
Goodwill 2,707 2,650 2,678 4,482 4,656 4,713.5
Intangible Assets 125 567 795 2,278 2,547 1,577.4
Long-Term Investments 0 42 0 0 0 164.7
Other Non-Current Assets 3,130 51 4,034 232 227 1,543.1
Total Non-Current Assets 6,822 4,114 8,343 8,299 8,838 9,552.4
Total Assets 9,158 10,278 10,465 10,433 11,322 12,992.5
Current Liabilities
Account Payables 766 718 643 731 1,035 1,126.0
Short-Term Debt 118 208 16 61 52 448.4
Deferred Revenue 0 36 33 91 104 107.5
Other Current Liabilities 2,188 1,490 744 631 319 817.1
Total Current Liabilities 3,072 2,687 1,691 1,849 1,914 2,615.0
Non-Current Liabilities
Long-Term Debt 4,060 5,154 5,654 5,691 6,478 7,857.1
Deferred Tax Liabilities 0 208 218 305 415 333.0
Other Non-Current Liabilities 364 60 828 321 201 266.9
Total Non-Current Liabilities 4,496 5,530 6,821 6,605 7,437 8,816.3
Total Liabilities 7,568 8,217 8,512 8,454 9,351 11,431.3
Stockholders' Equity
Common Stock 875 21 21 21 21 20.5
Retained Earnings 0 (660) (1,008) (1,164) (1,439) (1,920.5)
Accumulated Other Comprehensive Income 0 516 521 529 412 329.8
Total Stockholders' Equity 875 1,652 1,443 1,429 1,282 776.7
Total Liabilities & Equity 9,158 10,278 10,465 10,433 11,322 12,992.5
Debt Metrics
Total Debt 4,250 5,469 5,780 6,028 6,865 8,602.5
Net Debt 2,804 4,885 5,272 5,438 6,274 7,496.3
Metric 2025 2024 2023 2022 2021 2020
Operating Activities
Net Income 147 270 116 560 1,085 (939.3)
Depreciation & Amortization 444 402 415 419 526 566.2
Stock-Based Compensation 0 38 0 34 35 0
Change in Working Capital (903.0) 50 180 7 (103) 125.9
Other Non-Cash Items 213.0 306 365 (79) (603) 1,191.1
Operating Cash Flow (99) 1,030 1,040 899 978 865.6
Investing Activities
Capital Expenditure (316) (149) (147) (162) (238) (254.7)
Acquisitions 0 0 (74) 476 0 (14.9)
Purchases of Investments 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0
Other Investing Activities 4,135 (208) (246) (146) 874 (23.1)
Investing Cash Flow 3,819 (357) (467) 168 636 (292.8)
Financing Activities
Net Debt Issuance (1,600) (135) (181) (576) (1,524) (225.0)
Stock Repurchased (271) 0 0 (115) (41) 0
Dividends Paid (770) (161) (160) (161) (41) (40.9)
Other Financing Activities (392) (290) (223) (213) (292) (147.8)
Financing Cash Flow (3,033) (586) (564) (1,065) (1,898) (413.7)
Cash Position
Net Change in Cash 796 36 (86) (68) (321) 230.7
Cash at Beginning 704 739 740 808 1,129 875.6
Cash at End 1,500 775 654 740 808 1,106.3
Free Cash Flow (415) 881 893 737 740 610.9
Key Metrics 2025 2024 2023 2022 2021 2020
Income Statement
Revenue 2,511 2,512 2,529 2,597 4,089 3,115.5
Gross Profit 1,267 1,333 1,372 1,197 1,958 1,135.8
Operating Income 882 729 766 749 902 237.9
Net Income 147 348 156 275 482 (897.9)
EPS (Diluted) -0.01 1.90 0.77 1.37 0.32 -4.39
Balance Sheet
Cash & Equivalents 1,446 584 508 590 591 1,106.3
Total Assets 9,158 10,278 10,465 10,433 11,322 12,992.5
Total Debt 4,250 5,469 5,780 6,028 6,865 8,602.5
Stockholders' Equity 875 1,652 1,443 1,429 1,282 776.7
Cash Flow
Operating Cash Flow (99) 1,030 1,040 899 978 865.6
Capital Expenditure (316) (149) (147) (162) (238) (254.7)
Free Cash Flow (415) 881 893 737 740 610.9