Bally's (ex-Intralot)
Bally's (ex-Intralot) (BYLOT) closed at €1.119 on 26/10/2026, +0.09% on the day. Market cap €2.1bn, dividend yield 1.45%.
Key statistics
12 months to Jun 2026 unless a figure says otherwise
Profile
At the 26 Oct close- Market value
- €2.1bn
- Enterprise valueJun 2026est.
- €3.7bn
- Shares outstandingJun 2026
- 1.8bn
- Revenue12 months to Jun 2026
- €880.2m
- Employees
- 2,733
- Traded a day, 3-month average
- €3.1m
Valuation
12 months to Jun 2026- P/E
- —
- P/B
- 1.6×
- EV/Salesest.
- 4.2×
- EV/EBITDAest.
- 13.5×
- P/FCF
- 24.8×
- Dividend yield
- 1.5%
not meaningful: a loss
5 years, on reported full years: 5.2–22.4×, median 7.7×. Today 21.5×, higher than 93% of months.
Margins
12 months to Jun 2026- GrossFY2024
- 36.8%
- EBITDA
- 31.2%
- Operating (EBIT)
- 12.3%
- Pre-tax
- −6.6%
- Net
- −9.0%
- Free cash flow
- 9.5%
Net margin = the shareholders' profit ÷ group revenue.
Returns
12 months to Jun 2026- ROE
- −6.2%
- ROCE
- 3.7%
- ROICest.
- 3.4%
- ROAFY2025
- −1.7%
- Tax rateFY2024
- 7.8%
- Profit to minority holdersFY2024
- 70.5%
Financial health
Jun 2026- CashDec 2025
- €236.2m
- Net debt
- €1.6bn
- Net debt ÷ EBITDA
- 5.9×
- Debt ÷ equityDec 2025
- 124.7%
- Interest cover12 months to Jun 2026
- 0.77×
leases included
Growth
- Revenue, last yearFY2025
- +34.8%
- Revenue, last halfH1 2026
- +199.0%
- EPS, last yearFY2025
- −1,001.2%
- EPS, last halfH1 2026
- —
- Revenue, 3 yearsFY2022–25, a year
- +9.7%
- Revenue, 5 yearsFY2020–25, a year
- +8.5%
- EPS, 3 yearsFY2022–25, a year
- —
- Shares, 3 yearsFY2022–25
- +391.5%
not meaningful: from a loss
not meaningful: crosses a loss
Dividends
- Yield, last 12 months
- 1.5%
Trading and risk
From our closes, dividends reinvested- Total return, 1 year
- +4.2%
- 3 years, a year
- +16.7%
- 5 years, a year
- +14.7%
- Volatility, 1 year
- 33.4%
- Beta to the General Index
- 0.51×
- Deepest fall, 1 year / 5 years
- −25.6% / −49.1%
- 52-week range
- €0.844–€1.215
Where the figures come from: the company's reports, reviewed by us · annual accounts filed in ESEF format · results announcements on the exchange · our own closing prices. No forecasts or target prices are stored.
Financial charts
From the stored figures: the reviewed dossier first, then the annual reports (ESEF) and results announcements
Loading the charts…
Valuation
vs ALWN| Metric | BYLOT | ALWN |
|---|---|---|
| P/B | 1.6 | 20.2 |
| P/Snew perimeter | 2.3 | — |
| EV/EBITDAnew perimeter | 13.5 | — |
| Dividend yield | 1.5% | 6.3% |
| Gross margin | 36.8% | — |
| Operating margin | 12.3% | 28.4% |
| Net margin | −9.0% | 20.1% |
| ROE | −6.2% | 96.4% |
| Revenue growth (last full year) | 34.8% | 4.9% |
| Net debt | €1.6bn | €201.6m |
Peers: Gaming
The company
AI-draftedAn Athens-listed gambling group controlled by Bally's Corporation. It runs online casino, bingo and betting brands including Jackpotjoy and Virgin Games in the UK, Ireland and Spain, and supplies state lotteries in the US, Canada, Australia and elsewhere with central systems, terminals and gaming-machine monitoring.
- An online gambling operator first: 76.4% of H1 2026 revenue came from the B2C segment it runs on its own licences and brands.2
- A UK-revenue business with a Greek listing: the United Kingdom was 64.8% of H1 2026 revenue and Greece 1.2%.2
- A controlled company: entities of Soohyung Kim, through Bally's Corporation, held 58.789% of the share capital at 31 December 2025.1
- No longer "Intralot": the name changed to Bally's Intralot and the ATHEX ticker from INLOT to BYLOT on 15 January 2026.1
- Not Bally's Corporation: the company states it is a separate, independently listed entity with its own financial statements, capital structure and board.3
- Not a low-debt business: adjusted net debt was €1,618.9m at 30 June 2026, or 4.05 times pro forma AEBITDA.3
- Sep 2026Bally's Intralot shareholders authorised the share issue for the evoke acquisition. Court sanction and other conditions remain.5
- Jul 2026Signed £261.8m of three-year senior secured facilities, drew Facility A of £157.1m and repaid the €65.0m revolver drawdown.2
- Jun 2026Submitted a firm offer for the entire share capital of evoke plc at 0.537 new shares per evoke share.4
- Apr 2026Won a new 15-year gaming machine monitoring licence in Victoria, Australia from August 2027 for an €85.0m fee, and a contract of up to 12 years with Chile's state lottery.2,3
- Apr 2026UK remote gaming duty rose from 21% to 40%, taking about €34.0m out of Q2 2026 AEBITDA.3
- Jan 2026Renamed Bally's Intralot S.A. and changed its ATHEX ticker from INLOT to BYLOT on 15 January 2026.1
- The acquisition of Bally's International Interactive completed in October 2025 for €2.7bn, with €1.53bn in cash and 873,707,073 new shares.1
- UK remote gaming duty rose from 21% to 40% on 1 April 2026, costing about €34.0m of Q2 AEBITDA, roughly 65% of which was offset.3
- A firm offer for evoke plc at 0.537 new shares per evoke share, valuing it at about £243.1m, with completion expected in Q4 2026 or Q1 2027.4,2
- A €30m dividend from prior-year reserves, gross €0.0163 per share, paid from 27 July 2026.2
- A buyback of up to 10% of capital runs to December 2027; at 30 June 2026 the company held 22,998,878 treasury shares, or 1.231%.1,2
- 1.Annual Financial Report for the year ended December 31 2025Bally's Intralot S.A. · 20/04/2026official
- 2.Interim Financial Statements for the period January 1 to June 30 2026Bally's Intralot S.A. · 31/08/2026official
- 3.Announcement of Preliminary Results for the six months ended June 30 2026Bally's Intralot S.A. · 17/08/2026official
- 4.Submission of a firm offer for the acquisition of all shares of evoke plcBally's Intralot S.A. · 05/06/2026official
- 5.Results of Bally's Intralot EGM on evoke acquisitionBally's Intralot S.A. · 18/09/2026official