Allwyn International has announced its financial results for the second quarter of 2025, demonstrating a steady performance with a 6% year-on-year increase in revenue. The company’s total revenue reached €2.27 billion ($2.6 billion), highlighting consistent growth compared to the same period last year. Alongside this, adjusted EBITDA also rose by 6%, totaling €362 million, which underscores the company’s stable operational outlook.
Following a strong fiscal year in 2024, during which revenue grew by 12 driven by expansion in Austria, Greece, and Cyprus, Allwyn has now shared its preliminary unaudited financial figures for Q2 2025. The results show that gross gaming revenue increased by 6% to €2.19 billion, mirroring the revenue growth. Net revenue also grew by 6%, although operating EBITDA experienced a slight decline of 8%. Despite this, adjusted EBITDA improved by 6%, reaching €362 million, with the company maintaining a healthy margin of 36.4%. Capital expenditures increased by 11% to €62 million, while adjusted free cash flow grew by 6% to €300 million. The net debt to adjusted EBITDA ratio remained stable at 2.3x.
Operationally, the United Kingdom segment was a notable contributor to the company’s growth. The success was driven by popular lottery products such as EuroMillions and other numerical lotteries. The online instant lotteries segment also experienced increased activity, fueled by the launch of new games and cycles of high jackpots. Post-quarter, Allwyn activated over 30 new systems, including a new central lottery platform and upgraded retail terminals, further strengthening its infrastructure.
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Strategically, the company secured a €2.15 billion Senior Facilities Agreement and issued €600 million of senior secured notes. These moves are intended to optimize funding costs and extend debt maturities, supporting the company’s long-term financial health. Investments in technology and retail infrastructure continue to underpin future product development, and the €300 million in adjusted free cash flow provides a solid foundation for ongoing operations and growth initiatives.
CEO Robert Chvatal expressed confidence in the company’s trajectory, stating, “I am very pleased to report another quarter of strong financial performance following our strong first quarter, reflecting continued successful execution of our growth strategies. This excellent performance reflected our focus on growth in the digital channel, alongside the dedication of our teams across markets to enhancing the customer proposition and the player experience. As always, we delivered this growth while maintaining our commitment to player safety and upholding our responsibilities to all stakeholders.” Allwyn Q2 revenue 2025
