Australian slot machine manufacturer Ainsworth Game Technology has raised its profit and cash flow guidance for the six months ended June 30th, 2026, after receiving a $2.7 million (AU$3.8 million) refund of tariffs paid under the International Emergency Economic Powers Act (IEEPA).
The company now expects underlying profit before tax of approximately AU$5 million ($3.6 million) and EBITDA of AU$17 million ($12.1 million), excluding currency impacts and one-off items, up from the AU$1 million ($710,000) and AU$13 million ($9.2 million) flagged in its previous trading update in May.
Revenue guidance is unchanged at approximately AU$116 million ($82.4 million), down 24 percent year-on-year, mainly reflecting weaker North American sales.
Ainsworth’s US subsidiary received the refund on June 30th, representing substantially all of the tariffs it had previously paid under IEEPA, following a US Supreme Court ruling on February 20th that the Act does not authorize the US administration to impose tariffs.
The group now expects positive operating cash flows of around AU$8 million ($5.7 million), with net debt falling to approximately AU$8 million ($5.7 million), compared with the AU$14 million ($9.9 million) projected in May. The company also cited stronger-than-anticipated cash collection.
The results remain subject to period-end close and review procedures, with full 1H26 financial results due on or around August 25th.
