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Accel Entertainment Announces 2020 Operating Results – Consumer Electronics Net

3 weeks ago
CHICAGO–(BUSINESS WIRE)–Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the three-months and fiscal year ended December 31, 2020.
Highlights
Ended 2020 with 12,247 VGTs; an increase of 17% compared to 2019
Revenue of $74 million for Q4 2020 and $316 million for YE 2020
Net loss of $10 million for Q4 2020 and $13 million for YE 2020
Adjusted EBITDA of $5 million for Q4 2020 and $34 million for YE 2020
Completed acquisition of American Video Gaming on December 30, 2020, an Illinois operator with 49 locations
Recent Events
February 2021 was the highest revenue month in Accel’s history
Entered into a securities purchase agreement in March 2021 to acquire Century Gaming, Inc., one of the leading distributed gaming operators in Montana and Nevada ....

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Accel Entertainment Announces 2020 Operating Results

Accel Entertainment Announces 2020 Operating Results
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