Allwyn AG

Allwyn AG

ALWN.AT
Allwyn AGGR flagAthens Stock Exchange
14.18
EUR
-0.05
- -
11.30BMarket Cap
Allwyn AG
ALWN.AT
(Athens Stock Exchange)

Recent

price

14.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.18
4.43
4.08
2.74
1.92
1.96
2.92
3.06
3.27
3.41
2.21
3.04
4.13
4.28
4.34
4.58
4.41
Revenue per Share
1.81
1.68
1.58
0.44
0.61
0.66
0.53
0.4
0.45
0.64
0.61
0.75
1.67
1.12
1.34
1.35
1.21
Basic EPS, GAAP
1.38
-1.3
1.66
0.52
0.83
0.5
0.16
0.47
0.63
0.77
0.5
1.36
1.8
1.37
1.86
1.87
1.74
Free Cash Flow per Basic Share
1.45
1.08
0.72
0.57
0.25
0.87
0.92
1.4
0.41
0.53
0.64
0.26
0.4
1.41
1.21
1.3
1.2
Dividend per Share
2.05
2.64
3.51
3.34
3.51
3.5
3.17
2.17
2.22
2.24
1.51
1.58
2.41
1.76
1.91
1.48
-2.79
Book Value per Share
1.53
-0.71
0.15
0.04
-0.15
-0.11
-0.5
-1.45
-1.25
-1.02
-2.38
-1.53
-0.81
-1.37
-1.72
-2.01
-9.12
Tangible Book Value per Share
319
319
319
319
319
319
319
318
318
318
334
344
354
365
362
359
389
Basic Weighted Avg Shares
1,654
1,413
1,302
875
613
625
931
973
1,040
1,086
737
1,044
1,462
1,559
1,570
1,643
1,714
Sales/Revenue/Turnover
52.7
48.81
48.34
22.51
48.28
48.42
26.78
22.04
23.3
27.26
14.97
38.94
40.27
38.27
44.09
41.46
39.35
Operating Margin (%)
40
44
44
44
50
59
58
89
97
108
117
145
134
134
135
139
145
Depreciation Expense
576
537
505
141
195
211
170
126
143
202
205
259
592
408
486
483
469
Net Income, GAAP
35.27
23.19
20.8
24.84
34.8
29.94
27.04
31.89
32.7
24.92
7.99
26.98
17.59
27.36
26.27
26.48
27.38
Effective Tax Rate (%)
34.81
38.03
38.82
16.14
31.78
33.7
18.29
12.97
13.78
18.63
27.83
24.85
40.5
26.18
30.94
29.41
27.36
Profit Margin (%)
444
95
213
-103
-49
65
47
-41
75
545
263
427
199
89
69
-104
-127
Working Capital
1
251
166
- -
- -
115
263
513
650
1,103
1,058
1,035
546
606
629
528
7,604
LT Debt
697
885
1,162
1,125
1,235
1,203
1,072
759
760
772
783
949
1,075
775
609
427
6,536
Total Equity
59.67
53.1
38.85
10.57
13.98
15.04
12.38
9.77
11.32
13.73
5.4
14.78
23.47
24.17
34.15
33.75
5.99
Return on Invested Capital (%)
91.6
60.71
40.52
10.85
15.84
17.25
13.1
9.56
11.32
13.89
14.39
17.54
36.59
28.04
35.35
34.19
10.42
Return on Capital (%)
93.83
71.97
51.6
12.92
17.85
18.86
16.01
14.83
20.54
28.55
33.73
49.53
84.75
54.61
73.02
79.26
257.41
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
605
441
184
LT Borrowings
348
507
7,483
LT Finance Leases
20
21
121
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
359
359
795
Market Capitalization
7,188
6,910
5,088

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
883
906
3,637
Cash, Cash Equivalents & STI
778
774
2,489
Accounts Receivable, Net
64
86
954
Inventories
4
5
11
Total Current Liabilities
1,296
1,009
3,764
Payables & Accruals
- -
- -
- -
ST Debt
605
441
184
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.16%
-8.93%
-29.9%
Free Cash Flow
37.54%
45.73%
-0.35%
Net Income, GAAP
15.33%
28.44%
-0.49%
Sales/Revenue/Turnover
12.63%
18.74%
4.68%
Total Cash Common Dividend
29.71%
50.7%
6.35%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
376
364
387
443
1,570
2025
405
382
410
446
1,643
2026
477
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.31
- -
- -
- -
1.34
2025
0.34
- -
- -
- -
1.35
2026
0.28
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.21
2025
- -
- -
- -
- -
1.3
2026
- -
- -
- -
- -
- -
Business
Allwyn AG operates as a multinational lottery operator and related gaming services provider, focusing on lottery operations, digital and land-based gaming, and ancillary services across multiple jurisdictions. The company is headquartered in Lucerne, Switzerland, and maintains a substantial presence in Europe with operations spanning Greece, Cyprus, Italy, and other markets, while maintaining a Swiss corporate structure and governance. Main products and services - Lottery operations: management and operation of national and regional lottery games, including traditional draw-based lotteries and instant-win formats; provision of licensing, risk management, and regulatory compliance frameworks; development and maintenance of central gaming platforms that enable ticket issuance, draw processing, prize distribution, and reporting. - Digital and online gaming platforms: end-to-end online lottery and betting platforms, including mobile apps and web-based interfaces; integration of payment processing, fraud prevention, account management, customer onboarding, and real-time draw results; digital distribution channels for lottery products and services. - Instant win and scratch-off products: design, manufacture, and deployment of instant-win tickets and digital equivalents; game catalog development, printing, digital rendering, and supply chain management for physical tickets; cross-channel promotion and campaign execution. - Sports betting and related services: provision of land-based and online betting solutions, including sportsbook platforms, odds management, risk controls, and customer experience enhancements; partnerships to operate betting services under licensed brands. - Content, technology, and operations services: end-to-end technology solutions for lottery operators, including platform software, game content, customer relationship management, data analytics, marketing services, and operational support; outsourcing of technical, logistical, and regulatory compliance functions. - Licensing, governance, and sustainability services: compliance support, responsible gaming programs, anti-money-laundering controls, player protection tooling, and social responsibility initiatives; partnerships to channel funding to good causes where applicable. Geographic operations - Headquarters: Lucerne, Switzerland. - Europe-focused footprint with licensing and operations in multiple countries, including Greece and Cyprus, among others; ongoing expansion into additional European markets and maintenance of cross-border collaborations through international corporate structures and entities. Founding year and corporate structure - Founding and corporate evolution trace a transition from earlier group structures; the company operates under a Swiss headquarters with entities restructured to support international lottery operations and financing arrangements. - The organization maintains a network of subsidiaries and partner entities to manage regional licenses, operations, and debt issuance, reflecting a global corporate governance framework. Subsidiaries and relationships - Maintains European operating entities and special purpose vehicles to manage local licenses, financing, and regulatory compliance; engages in strategic alliances for technology, content provisioning, and platform operations through its corporate group. Latest major company changes - Relocation and corporate restructuring of international entities to reinforce Swiss operations and governance, including rebranding and alignment of international subsidiaries under the Allwyn umbrella; updates to note issuances and cross-border financing arrangements to support ongoing liquidity and growth activities. - Strategic partnerships and alliances with lottery operators and technology providers to enhance platform capabilities, player engagement, and responsible gaming practices; expansion of online and digital distribution channels; development of new game formats and platform features to broaden product offerings. Industry context and market positioning - Industry: lotteries and gaming services; segments include national and regional lotteries, online and land-based betting, instant-win games, and digital platforms; focus on regulatory compliance, player protection, and sustainable gaming practices. - Target markets: governments and state-backed lottery operators, licensed gaming operators, and end-user players seeking lottery and gaming experiences. - Geographic emphasis: Europe with ongoing expansion into additional jurisdictions through licensed operations and partnerships. Notes - Allwyn AG’s profile reflects its role as a leading multinational lottery operator with Swiss headquarters, a diversified suite of lottery and gaming products, and recent structural realignments to optimize international operations and financing.