Inspired Entertainment, Inc. — Earnings Quality Grade F
INSE · Consumer Cyclical
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 46 days, change -28 days YoY
AR growth -36.6% vs revenue growth 2.4%
Revenue 2.4%, CFFO 64.0%. Cash follows revenue
Expense Quality
Inventory -33.9% vs COGS -6.3%. Normal
CapEx growth 58.3% is >2x revenue growth 2.4%
SG&A/Gross Profit = 58.9%. Normal
Gross margin 71.6%, change +2.6pp. Stable
Cash Flow Quality
CFFO/NI = -3.06. Below 1.0
FCF $0.0B, FCF/NI = -0.38
Accruals ratio = -15.7%. Low accruals
Cash $0.0B covers only 11% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.1B = -610% of equity. Manageable
Debt/EBITDA = 4.0x (>4x). Interest coverage = 0.9x (<2x). Financial stress
Other assets -40.0% vs revenue 2.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 3% YoY. Normal
Manipulation Score
M-Score = -3.58 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25