Description
Overview of the Light & Wonder, Inc report for the 4th quarter of 2023!
Research Goals and Objective
Research Objective: To perform a comparative analysis of the Q4FY23 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q4FY23;
- Analyze the collected information;
- Conduct a comparative assessment of the Q4FY23 report with the reports from previous quarters of the current fiscal year and Q4FY22;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- L&W - Light & Wonder, Inc;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Light & Wonder Annual Report Period is from January 1 to December 31, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
- In October 2023, L&W acquired the remaining 17% equity in SciPlay for 496 million USD, making it a wholly-owned subsidiary;
- Q4FY23 revenue reached 770 million USD, showing a 12.90% YoY increase and a 5.34% increase compared to Q3FY23;
- Total Equity as of December 31, 2023, decreased by 33.25% compared to September 30, 2023, and 34.11% compared to December 31, 2022.
