Accel Entertainment, Inc. - Understand $acel stock

$ACEL Market Cap: $995.5 Million

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Financial Snapshot

Revenue

$1.211B

TTM

Gross Margin

30.15%

TTM

Net Earnings

$42.89M

TTM

Current Assets

$323.3M

Q3 2024

Current Liabilities

$119.4M

Q3 2024

Current Ratio

270.85%

Q3 2024

Total Assets

$950.2M

Q3 2024

Total Liabilities

$743.5M

Q3 2024

Book Value

$206.7M

Q3 2024

Cash

$265.1M

Q3 2024

P/E

23.21

Dec 02, 2024 EST

Free Cash Flow

$71.57M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.170B	$969.8M	$734.7M	$316.4M	$428.7M	$0.00	$248.4M
YoY Change	20.69%	32.0%	132.24%	-26.21%		-100.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.170B	$969.8M	$734.7M	$316.4M	$428.7M	$0.00	$248.4M
Cost Of Revenue	$817.2M	$670.9M	$494.0M	$211.1M	$272.0M
Gross Profit	$353.2M	$298.9M	$240.7M	$105.3M	$152.4M
Gross Profit Margin	30.18%	30.82%	32.76%	33.27%	35.55%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$180.2M	$145.9M	$110.8M	$77.42M	$75.00M		$100.0K
YoY Change	23.51%	31.7%	43.14%	3.23%
% of Gross Profit	51.03%	48.83%	46.04%	73.55%	49.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$37.90M	$29.30M	$24.60M	$21.00M	$26.40M	$20.80M	$16.80M
YoY Change	29.35%	19.11%	17.14%	-20.45%	26.92%	23.81%
% of Gross Profit	10.73%	9.8%	10.22%	19.95%	17.32%
Operating Expenses	$245.8M	$202.0M	$170.5M	$128.7M	$139.1M	$800.0K	$400.0K
YoY Change	21.67%	18.51%	32.42%	-7.44%	17287.5%	100.0%
Operating Profit	$107.4M	$96.86M	$70.19M	-$24.68M	$13.34M	$24.87M	$18.17M
YoY Change	10.89%	37.99%	-384.42%	-285.06%	-46.38%	36.87%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$33.14M	-$21.64M	-$12.70M	$13.71M	$12.86M	$9.644M	$8.105M
YoY Change	53.18%	70.34%	-192.67%	6.59%	33.35%	18.99%
% of Operating Profit	-30.86%	-22.34%	-18.1%		96.43%	38.78%	44.61%
Other Income/Expense, Net	-$8.539M	$19.54M	-$9.762M	$8.484M	-$9.800M
YoY Change	-143.69%	-300.2%	-215.06%	-186.57%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$65.72M	$94.76M	$46.58M	-$17.33M	-$31.57M	$15.23M	$10.07M
YoY Change	-30.64%	103.46%	-368.79%	-45.1%	-307.32%	51.27%
Income Tax	$20.12M	$20.66M	$15.02M	-$16.92M	$5.199M	$4.422M	$1.754M
% Of Pretax Income	30.61%	21.8%	32.24%			29.04%	17.43%
Net Earnings	$45.60M	$74.10M	$31.56M	-$410.0K	-$36.76M	$10.80M	$8.311M
YoY Change	-38.46%	134.8%	-7797.32%	-98.88%	-440.31%	29.98%
Net Earnings / Revenue	3.9%	7.64%	4.3%	-0.13%	-8.58%		3.35%
Basic Earnings Per Share	$0.53	$0.82	$0.34	$0.00	-$0.59	$0.19	$0.15
Diluted Earnings Per Share	$0.53	$0.81	$0.33	-$0.02	-$0.59	$0.17	$0.14

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$261.6M	$256.2M	$230.9M	$134.5M	$136.4M	$500.0K	$400.0K
YoY Change	2.12%	10.97%	71.7%	-1.43%	27180.0%	25.0%
Cash & Equivalents	$261.6M	$224.1M	$198.8M
Short-Term Investments	$0.00	$32.06M	$32.06M	$0.00	$11.00M
Other Short-Term Assets	$29.83M	$24.39M	$17.14M	$14.19M	$11.20M	$0.00	$100.0K
YoY Change	22.33%	42.26%	20.8%	26.71%		-100.0%
Inventory	$7.681M	$6.941M
Prepaid Expenses
Receivables	$13.47M	$11.17M
Other Receivables	$0.00	$538.0K
Total Short-Term Assets	$312.6M	$299.2M	$248.0M	$152.0M	$151.5M	$500.0K	$500.0K
YoY Change	4.47%	20.65%	63.17%	0.32%	30200.0%	0.0%
Property, Plant & Equipment	$260.8M	$211.8M	$152.3M	$143.6M	$119.2M
YoY Change	23.12%	39.14%	6.05%	20.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$30.13M	$19.00M
YoY Change				58.57%
Other Assets	$21.89M	$20.34M	$3.043M	$5.824M	$900.0K	$456.9M	$450.0M
YoY Change	7.61%	568.49%	-47.75%	547.11%	-99.8%	1.53%
Total Long-Term Assets	$600.3M	$563.6M	$368.1M	$408.3M	$357.8M	$457.0M	$450.0M
YoY Change	6.52%	53.11%	-9.84%	14.1%	-21.71%	1.56%
Total Assets	$912.9M	$862.8M	$616.1M	$560.2M	$509.3M	$457.5M	$450.5M
YoY Change
Accounts Payable	$36.01M	$22.30M	$14.62M	$23.67M	$19.50M
YoY Change	61.47%	52.59%	-38.24%	21.36%
Accrued Expenses	$40.36M	$35.00M	$24.30M	$5.853M	$8.400M	$300.0K	$200.0K
YoY Change	15.31%	44.07%	315.1%	-30.32%	2700.0%	50.0%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$28.48M	$23.47M	$17.50M	$18.25M	$15.00M
YoY Change	21.38%	34.09%	-4.11%	21.67%
Total Short-Term Liabilities	$109.7M	$89.91M	$71.84M	$52.39M	$54.90M	$300.0K	$200.0K
YoY Change	21.96%	25.15%	37.12%	-4.57%	18200.0%	50.0%
Long-Term Debt	$514.1M	$518.6M	$324.0M	$321.9M	$334.7M	$0.00	$0.00
YoY Change	-0.86%	60.04%	0.66%	-3.83%
Other Long-Term Liabilities	$48.00M	$38.69M	$59.51M	$58.08M	$21.20M	$15.80M	$15.80M
YoY Change	24.07%	-34.99%	2.46%	173.94%	34.18%	0.0%
Total Long-Term Liabilities	$562.1M	$557.3M	$383.5M	$380.0M	$355.9M	$15.80M	$15.80M
YoY Change	0.87%	45.3%	0.94%	6.76%	2152.53%	0.0%
Total Liabilities	$714.5M	$684.2M	$457.6M	$432.4M	$423.8M	$16.00M	$15.90M
YoY Change	4.43%	49.51%	5.84%	2.02%	2548.75%	0.63%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	85.95M shares	90.63M shares	93.78M shares	83.05M shares	61.85M shares	57.62M shares	56.32M shares
Diluted Shares Outstanding	86.80M shares	91.23M shares	94.64M shares	83.11M shares	61.85M shares	62.18M shares	59.41M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $995.53 Million

About Accel Entertainment, Inc.

Accel Entertainment, Inc. operates as a distributed gaming operator. The company is headquartered in Burr Ridge, Illinois and currently employs 1,330 full-time employees. The company went IPO on 2017-08-18. The firm offers turnkey full-service gaming solutions to authorized non-casino locations such as bars, restaurants, convenience stores, truck stops, and fraternal and veteran establishments across the country. The firm installs, maintains, operates and services gaming terminals and related equipment for its location partners as well as redemption devices, stand-alone ATMs and amusement devices, including jukeboxes, dartboards, pool tables, and other entertainment related equipment. The company also designs and manufactures gaming terminals and related equipment. The company is an operator and owner of multiple licensed video poker establishments (Toucan Gaming) in Louisiana. The firm's operations include Illinois, Montana, Nevada, Nebraska, Georgia, Iowa, and Pennsylvania. Its brands include Century Gaming, Grand Vision Gaming and Bulldog Gaming.

Industry: Services-Amusement & Recreation Services Peers: Bally's Corp CENTURY CASINOS INC /CO/ Rush Street Interactive, Inc. Everi Holdings Inc. FULL HOUSE RESORTS INC GOLDEN ENTERTAINMENT, INC. Inspired Entertainment, Inc. LAS VEGAS SANDS CORP MONARCH CASINO & RESORT INC