Financial technology firm Everi Holdings reported a 4% year-on-year decline in total revenues to US$181.3 million in the three months to 31 March 2025, with growth in its FinTech segment offset by a substantial decline in the gaming business.
According to information filed Wednesday, games revenues fell by 12% year-on-year to US$85.7 million, primarily due to a reduction in daily win per unit and a decline in the average number of units in Everi’s installed base as reflected in gaming operations revenues. Equipment revenues declined due to a decrease in units sold, which was partially offset by an increase in the average selling price, it said.
FinTech revenues increased by 4% year-on-year to US$95.6 million, primarily due to an increase in kiosk and loyalty unit sales.
Group-wide net income of US$3.9 million was down 14%.
