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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Accel Entertainment, Inc. (ACEL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   8-K10-K10-K10-K10-K/A10-K
Revenues  969.8734.7316.4428.7335.1248.4
            Revenue growth  32.0%132.2%-26.2%27.9%34.9% 
Cost of goods sold  666.1516.1233.7300.0232.1166.8
Gross profit  303.7218.682.7128.7102.981.6
            Gross margin  31.3%29.8%26.1%30.0%30.7%32.9%
Selling, general and administrative   [+]145.9110.877.469.354.345.4
Other operating expenses  31.66.67.814.72.01.3
EBITDA   [+]126.2101.3-2.644.746.734.9
            EBITDA margin  13.0%13.8%-0.8%10.4%13.9%14.1%
Depreciation and amortization  29.324.621.026.420.816.8
EBIT   [+]96.976.6-23.618.325.918.2
            EBIT margin  10.0%10.4%-7.5%4.3%7.7%7.3%
Non-recurring items   6.41.15.01.0 
Interest expense  21.612.713.712.99.68.1
Other income (expense), net   [+]19.5-10.921.1-32.0  
Pre-tax income  94.846.6-17.3-31.615.210.1
Income taxes  0.015.0-16.95.24.41.8
            Tax rate  0.0%32.2%97.6% 29.0%17.4%
Net income  74.131.6-0.4-36.810.88.3
            Net margin  7.6%4.3%-0.1%-8.6%3.2%3.3%
   
Basic EPS   [+]$0.82$0.34$0.00($0.59)$0.19$0.15
Diluted EPS   [+]$0.82$0.33$0.00($0.59)$0.17$0.14
   
Shares outstanding (basic)   [+]90.093.883.061.857.656.3
Shares outstanding (diluted)   [+]90.594.683.161.862.259.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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