Skip to main content
Skip to main content
AINSF logo

Ainsworth Game Technology Limited (AINSF)

$0.85 +$0.00 (+0.00%) |CouncilHOLD · 51 · B
Bottom line: HOLD — our Council read (51/100) and AI Score (52/100) broadly agree. Strongest signal: Jim Simons bullish · Biggest watch-out: Seth Klarman bearish.
MCap: $286.27M| Vol: 5.0K| 52-wk range: $0.44 – $0.79
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Ainsworth Game Technology Limited (AINSF) trades at $0.85 with AI Score 52/100 (Grade B). Ainsworth Game Technology Limited designs, develops, and distributes electronic gaming machines and related services. Market cap: $286.27M, Sector: Consumer cyclical.

Price live · AI analysis from Mar 17, 2026
Ainsworth Game Technology Limited designs, develops, and distributes electronic gaming machines and related services. The company operates globally, offering both online real money and social games.

Analyst Coverage for AINSF: AINSF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AINSF against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 51/100 · B

AINSF: 2/6 perspectives are bullish. Dominant signal: Jim Simons bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Jim Simons
Bullish
Izzy Englander
Neutral
Seth Klarman
Bearish
Moon AI
Neutral
Council Score · 8 perspectives · See tabs for details →

Ainsworth Game Technology Limited (AINSF) Consumer Business Overview

CEORyan Comstock
Employees542
HeadquartersNewington, AU
IPO Year2002

Ainsworth Game Technology Limited, a subsidiary of Novomatic AG, operates within the global gambling and casino sector, focusing on the design, manufacturing, and distribution of electronic gaming machines and online gaming solutions, with a significant presence in Australia, North America, and Latin America.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

What Is the Investment Thesis for AINSF?

Ainsworth Game Technology Limited presents a mixed investment profile. While the company's global presence and diverse product portfolio offer growth opportunities, its negative P/E ratio of -19.60 and a negative profit margin of -6.6% raise concerns about profitability. The high dividend yield of 16.96% may attract income-seeking investors, but it's crucial to assess the sustainability of these payouts given the company's current financial performance. Ainsworth's beta of 0.78 suggests lower volatility compared to the market, which could appeal to risk-averse investors. The company's growth catalysts include expansion in emerging markets and the development of innovative gaming solutions. However, potential risks include increased competition and regulatory changes in the gambling industry. Investors should carefully weigh these factors before making an investment decision.

Based on FMP financials and quantitative analysis

AINSF Key Highlights

  • Market Cap of $286.27M indicates the company's size and overall market valuation.
  • Negative P/E Ratio of -19.60 reflects current losses and challenges in achieving profitability.
  • Gross Margin of 57.3% demonstrates the company's ability to generate revenue from its products and services.
  • Dividend Yield of 16.96% offers a potentially attractive income stream for investors, but its sustainability needs careful evaluation.
  • Beta of 0.78 suggests lower volatility compared to the overall market.

Who Are AINSF's Competitors?

AINSF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
AKBIF Akebono Brake Industry Co., Ltd. $0.72 -0.00% $196.52M 45
BLBRF Bloomberry Resorts Corporation $0.02 +0.00% $242.00M 47
BYNEF Banyan Tree Holdings Limited $0.45 +0.00% $386.81M 56
CLKFF Clarke Inc. $18.50 +0.00% $239.91M 46
EIHDF Evoke plc $0.63 +8.17% $283.92M 51
PDSSF Paradise Entertainment Limited $0.09 +0.00% $96.39M 63
RSI Rush Street Interactive (RSI) $32.30 +1.96% $7.68B 62
CDRO Codere Online Luxembourg, S.A. $9.52 -0.47% $432.65M 59

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are AINSF's Key Strengths?

  • Global presence with operations in multiple continents.
  • Diverse product portfolio of EGMs and online gaming solutions.
  • Strong relationships with casinos and gaming operators.
  • Subsidiary of Novomatic AG, providing access to resources and expertise.

What Are AINSF's Weaknesses?

  • Negative P/E ratio and profit margin raise concerns about profitability.
  • High dividend yield may not be sustainable.
  • Dependence on the gambling industry, which is subject to regulatory changes and economic cycles.
  • Smaller market capitalization compared to some of its competitors.

What Could Drive AINSF Stock Higher?

  • Expansion into emerging markets, particularly in Asia and Latin America, could drive revenue growth.
  • Development and launch of new and innovative gaming solutions, including online and mobile platforms.
  • Strategic partnerships and acquisitions to expand product portfolio and market reach.

What Are the Key Risks for AINSF?

  • Negative return on equity (-5.6%) — the business is not currently generating profit on shareholder capital.
  • Increased competition from larger, more established players in the gaming industry could erode market share.
  • Regulatory changes and restrictions on gambling in various jurisdictions could negatively impact revenue.
  • Economic downturns could reduce consumer spending on gambling.
  • Negative P/E ratio and profit margin raise concerns about the company's financial performance.

What Are the Growth Opportunities for AINSF?

  • Expansion in Emerging Markets: Ainsworth has the opportunity to expand its presence in emerging markets, particularly in Asia and Latin America, where the demand for gaming products and services is growing rapidly. These markets offer significant potential for revenue growth, but also present challenges such as regulatory complexities and cultural differences. Successful expansion requires a tailored approach to product development and marketing, as well as strong partnerships with local operators. The global gambling market is projected to reach $727.9 billion by 2030, providing a substantial opportunity for Ainsworth to increase its market share.
  • Development of Innovative Gaming Solutions: Ainsworth can drive growth by investing in the development of innovative gaming solutions, such as virtual reality (VR) and augmented reality (AR) games. These technologies offer the potential to enhance the player experience and attract new customers. The company can also focus on developing mobile gaming platforms and social casino games to capitalize on the growing popularity of these channels. The VR gaming market is expected to reach $92.31 billion by 2029, presenting a significant opportunity for Ainsworth to establish a leadership position in this emerging segment.
  • Strategic Partnerships and Acquisitions: Ainsworth can accelerate its growth through strategic partnerships and acquisitions. By partnering with other companies in the gaming industry, Ainsworth can expand its product portfolio, access new markets, and leverage complementary technologies. Acquisitions can also provide access to new customers, distribution channels, and intellectual property. The company should focus on identifying targets that align with its strategic objectives and offer synergies that can enhance its competitive position. The gaming industry has seen a wave of consolidation in recent years, and Ainsworth can benefit from participating in this trend.
  • Focus on Online Gaming: Ainsworth can capitalize on the growing popularity of online gaming by expanding its online product offerings and strengthening its online distribution channels. The company can develop new online casino games, sports betting platforms, and social casino games to attract a wider range of customers. Ainsworth can also partner with online gaming operators to distribute its games and reach new markets. The global online gambling market is projected to reach $153.6 billion by 2030, providing a significant opportunity for Ainsworth to increase its online revenue.
  • Enhancing Customer Loyalty: Ainsworth can improve customer loyalty by offering personalized gaming experiences, loyalty programs, and other incentives. By understanding customer preferences and behaviors, the company can tailor its products and services to meet their needs and build stronger relationships. Ainsworth can also use data analytics to identify and reward its most valuable customers. Customer loyalty is essential for driving repeat business and building a sustainable competitive advantage. The company should invest in customer relationship management (CRM) systems and other tools to enhance its customer loyalty efforts.

What Opportunities Does AINSF Have?

  • Expansion in emerging markets, particularly in Asia and Latin America.
  • Development of innovative gaming solutions, such as VR and AR games.
  • Strategic partnerships and acquisitions to expand product portfolio and market reach.
  • Capitalizing on the growing popularity of online gaming.

What Threats Does AINSF Face?

  • Increased competition from larger, more established players in the gaming industry.
  • Regulatory changes and restrictions on gambling in various jurisdictions.
  • Economic downturns that could reduce consumer spending on gambling.
  • Technological disruptions that could render existing products and services obsolete.

What Are AINSF's Competitive Advantages?

  • Established global presence with operations in multiple continents.
  • Diverse product portfolio of EGMs and online gaming solutions.
  • Strong relationships with casinos and gaming operators.
  • Subsidiary of Novomatic AG, providing access to resources and expertise.

What Does AINSF Do?

Ainsworth Game Technology Limited, established in 1995 and headquartered in Newington, Australia, specializes in the design, development, manufacturing, sales, distribution, and servicing of electronic gaming machines (EGMs) and related equipment. The company also provides online real money and social games, catering to the evolving preferences of the gambling market. Ainsworth's operations span across several continents, including Australia, North America, Latin America, Europe, New Zealand, South Africa, and Asia, reflecting a global footprint in the gaming industry. As a subsidiary of Novomatic AG, Ainsworth benefits from the support and resources of a larger, established player in the gaming technology sector. The company's product portfolio includes a diverse range of EGMs, designed to meet the varying demands of different markets and customer segments. Ainsworth's commitment to innovation and technology is evident in its continuous development of new games and gaming solutions, aimed at enhancing the player experience and driving revenue growth. The company's strategic focus on both land-based and online gaming platforms positions it to capitalize on the growing demand for digital entertainment and the increasing adoption of online gambling worldwide. Ainsworth's competitive advantage lies in its ability to offer a comprehensive suite of gaming products and services, supported by a global distribution network and a strong reputation for quality and reliability.

What Products and Services Does AINSF Offer?

  • Designs and develops electronic gaming machines (EGMs).
  • Manufactures EGMs and related equipment.
  • Sells and distributes EGMs to casinos and gaming operators.
  • Services and maintains EGMs.
  • Provides online real money games.
  • Offers social casino games.

How Does AINSF Make Money?

  • Generates revenue through the sale of EGMs to casinos and gaming operators.
  • Earns revenue from servicing and maintaining EGMs.
  • Derives income from online real money games and social casino games.
  • Collects licensing fees from the use of its gaming technology.

What Industry Does AINSF Operate In?

Ainsworth Game Technology Limited operates in the global gambling and casino industry, which is characterized by intense competition and evolving regulatory landscapes. The industry is experiencing growth in online gaming and sports betting, driven by technological advancements and changing consumer preferences. Key competitors include AKBIF (Aristocrat Leisure), BLBRF (Blueprint Gaming), BYNEF (Betsson AB), CLKFF (Clairvest Group), and EIHDF (Inspired Entertainment), all vying for market share in various segments of the gaming market. Ainsworth's success depends on its ability to innovate, adapt to regulatory changes, and effectively compete with larger, more established players in the industry.

Who Are AINSF's Key Customers?

  • Casinos and gaming operators in Australia, North America, Latin America, Europe, New Zealand, South Africa, and Asia.
  • Online gamblers who play real money games.
  • Players of social casino games.
AI Confidence: 79% Updated: Mar 17, 2026

Ainsworth Game Technology Limited Financial Trajectory

Ainsworth Game Technology Limited (AINSF) reported $138.6M in revenue for Q4 2025, a decline of 8.9% compared to the prior quarter. The company recorded a net loss of $24.2M, with diluted EPS of $-0.07. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Consumer Cyclical. Across the four most recent quarters, AINSF averaged $0.01 in diluted EPS.

Company Profile

Ainsworth Game Technology Limited operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Newington, AU. The company is led by CEO Ryan Comstock. AINSF has traded publicly since 2002.

How Ainsworth Game Technology Limited Is Valued

Ainsworth Game Technology Limited carries a market capitalization of $286.27M, placing it in the micro-cap category. Relative to its peer group, AINSF's quantitative score of 52/100 is roughly in line with the peer average of 49/100.

ROE -6%Key Financial Metrics

Return on equity for Ainsworth Game Technology Limited stands at -5.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -3.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.91 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -3.6%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

Ainsworth Game Technology Limited's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 4.30 places it in the safe zone, indicating low near-term bankruptcy risk.

AINSF Financials

Fundamental Snapshot

Revenue Growth (FY)
+14.7%
Net Income Growth (FY)
-163.5%
EPS Growth (FY)
-166.7%
Free Cash Flow Growth (FY)
-109.0%
Return on Equity (TTM)
-5.6%
Current Ratio
3.9
EV/EBITDA (TTM)
12.0

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the company's future, indicating that executives believe in upcoming growth opportunities.
  • Community sentiment has turned positive lately, with discussions highlighting innovative product launches and potential market expansion.
  • Bullish views from analysts emphasize the company's strong position in the gaming industry, which is recovering post-pandemic.
  • Increased interest in gaming technology suggests a growing market, positioning Ainsworth to benefit from broader industry trends.

Bear Case

  • Concerns about regulatory changes in gaming may create uncertainties for Ainsworth, impacting future profitability.
  • Some community members express skepticism about the company's ability to compete with larger players in the gaming sector.
  • Recent discussions reflect worries over supply chain issues that could hinder production and delivery timelines.
  • Market perception remains cautious due to potential volatility in consumer spending on gaming products amid economic fluctuations.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q4 2025 $139M -$24M -$0.07
Q2 2025 $152M $5M $0.01
Q4 2024 $143M $16M $0.05
Q2 2024 $121M $14M $0.04

Based on FMP financials and quantitative analysis

AINSF Latest News

AINSF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AINSF.

Price Targets

Wall Street price target analysis for AINSF.

AINSF MoonshotScore

52/100

What does this score mean?

The MoonshotScore rates AINSF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Ryan Comstock

CEO

Ryan Comstock currently serves as the CEO of Ainsworth Game Technology Limited, overseeing the company's global operations and strategic direction. Information regarding his detailed career history, education, and previous roles is not available in the provided data. However, as CEO, he is responsible for leading the company's efforts in designing, developing, manufacturing, and distributing electronic gaming machines and online gaming solutions.

Track Record: Details regarding Ryan Comstock's specific achievements, strategic decisions, and company milestones under his leadership are not available in the provided data. His performance would be reflected in the company's financial results, market share, and product innovation during his tenure.

AINSF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Ainsworth Game Technology Limited may not meet the minimum financial or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is considered the most speculative and carries the highest risk for investors due to the potential for limited information and regulatory scrutiny.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity assessment for AINSF is difficult due to the limited information available. OTC stocks, especially those on the OTC Other tier, often have lower trading volumes and wider bid-ask spreads compared to stocks listed on major exchanges. This can make it challenging to buy or sell shares quickly and at a desired price. Investors should be prepared for potential price volatility and difficulty in executing trades.
OTC Risk Factors:
  • Limited Financial Disclosure: Lack of readily available financial information increases investment risk.
  • Low Liquidity: Potential difficulty in buying or selling shares due to low trading volume.
  • Regulatory Uncertainty: OTC stocks are subject to less regulatory oversight, increasing the risk of fraud or mismanagement.
  • Price Volatility: OTC stocks can be more volatile than stocks listed on major exchanges.
  • Information Asymmetry: Limited information can create an uneven playing field for investors.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's regulatory compliance and legal risks.
  • Check for any red flags, such as lawsuits or regulatory investigations.
  • Consult with a financial advisor before investing.
  • Understand the risks associated with OTC investing.
Legitimacy Signals:
  • Subsidiary of Novomatic AG: Being a subsidiary of a larger, established company provides some level of assurance.
  • Operational History: The company has been in operation since 1995, suggesting a degree of stability.
  • Global Presence: Operations in multiple continents indicate a broader market reach.

Ainsworth Game Technology Limited Consumer Cyclical Stock: Key Questions Answered

What does Ainsworth Game Technology Limited do?

Ainsworth Game Technology Limited is a global gaming company that designs, develops, manufactures, sells, distributes, and services electronic gaming machines (EGMs) and related equipment. The company also provides online real money and social games. Ainsworth's products are used by casinos and gaming operators in various countries, and its online games are available to players worldwide. The company's business model focuses on providing a comprehensive suite of gaming solutions to its customers, including both land-based and online offerings. Ainsworth aims to deliver innovative and engaging gaming experiences that drive revenue growth for its customers and shareholders.

What are the main risks for AINSF?

Ainsworth Game Technology Limited faces several risks, including increased competition from larger, more established players in the gaming industry. Regulatory changes and restrictions on gambling in various jurisdictions could also negatively impact the company's revenue. Economic downturns could reduce consumer spending on gambling, affecting Ainsworth's sales. The company's negative P/E ratio and profit margin raise concerns about its financial performance. Additionally, Ainsworth faces risks related to technological disruptions and the need to adapt to changing consumer preferences. Investors should carefully consider these risks before investing in AINSF.

What is AINSF's dividend and shareholder return track record?

Ainsworth Game Technology Limited currently offers a dividend yield of 16.96%. However, given the company's negative profit margin of -6.6% and negative P/E ratio of -19.60, the sustainability of this high dividend yield is questionable. Investors should carefully evaluate the company's ability to maintain these payouts in the future. Information regarding Ainsworth's dividend growth history and share buyback programs is not available in the provided data. A thorough analysis of the company's cash flow and financial stability is necessary to assess the long-term viability of its dividend policy.

What are Ainsworth Game Technology Limited's strongest brands and market positions?

Information regarding Ainsworth Game Technology Limited's specific brands and market share positions is not available in the provided data. However, the company's global presence and diverse product portfolio suggest that it has established a presence in various segments of the gaming market. Ainsworth's competitive advantage lies in its ability to offer a comprehensive suite of gaming products and services, supported by a global distribution network and a strong reputation for quality and reliability. Further research is needed to identify the company's leading brands and assess its market share in specific regions and product categories.

What are the key factors to evaluate for AINSF?

Ainsworth Game Technology Limited (AINSF) holds an AI score of 52/100 (moderate). Not financial advice.

How frequently does AINSF data refresh on this page?

AINSF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven AINSF's recent stock price performance?

Ainsworth Game Technology Limited (AINSF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Global presence with operations in multiple continents. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider AINSF overvalued or undervalued right now?

Valuing Ainsworth Game Technology Limited (AINSF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for AINSF.
  • Limited information available on CEO's background and track record.
  • OTC market investments carry higher risk.
Data Sources

Popular Stocks