Light & Wonder (LNW)

Company Profile

scientific games is a leading innovator in the global lottery and regulated gaming industries. beginning with the breakthrough technology that launched the world’s very first secure instant lottery game in 1974, the company has continued to advance the games, technology, programs, marketing research and security that have been a driving force behind the success of more than 300 customers on six continents over the last 40 years. through the knowledge and experience of over 3,500 employees, scientific games serves customers from advanced-technology manufacturing and operational facilities in north america, south america, europe, asia and australia, with additional facilities located throughout the u.s. and around the world based on customer requirements. scientific games is the industry’s only full-service provider offering diverse products, technology and services that can be customized to meet the unique requirements of virtually any lottery or gaming jurisdiction, including: • i

Company profile

Ticker

LNW

Exchange

NASDAQ

Website

www.scientificgames.com/

CEO

Matt Wilson

Incorporated

Nevada

Location

Nevada

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Integrated Systems Design

Kyndryl • Leidos • CERNER • Godaddy • Open Text • Parsons • Caci International Inc. - Registered Shares • Unisys • Veradigm • Verint Systems ...

Former names

AUTOTOTE CORP, SCIENTIFIC GAMES CORP

SEC CIK

0000750004

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Authentic Gaming Limited • Authentic Gaming Malta Limited • Bally Gaming and Systems UK Limited • Bally Gaming and Systems S.A. • Bally Gaming Canada Ltd. • Bally Gaming Netherlands I B.V. • Bally Gaming Netherlands II B.V. • Bally Gaming Netherlands III B.V. • Bally Technologies Colombia SAS • Barcrest Development B.V. ...

IRS number

810422894

LNW stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Regulation FD Disclosure

9 Nov 23

Reports Third Quarter 2023 Results

9 Nov 23

8-K

Regulation FD Disclosure

9 Nov 23

S-8

Registration of securities for employees

23 Oct 23

8-K

Light & Wonder Completes Acquisition of Remaining Public Shares of SciPlay

23 Oct 23

8-K

Regulation FD Disclosure

5 Oct 23

8-K

Regulation FD Disclosure

7 Sep 23

8-K/A

Departure of Directors or Certain Officers

29 Aug 23

8-K

Departure of Directors or Certain Officers

29 Aug 23

Transcripts

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LNW

Earnings call transcript

2023 Q3

9 Nov 23

LNW

Earnings call transcript

2023 Q2

8 Aug 23

LNW

Earnings call transcript

2023 Q1

9 May 23

LNW

Earnings call transcript

2022 Q4

1 Mar 23

LNW

Earnings call transcript

2022 Q3

10 Nov 22

LNW

Earnings call transcript

2022 Q2

10 Aug 22

LNW

Earnings call transcript

2022 Q1

10 May 22

LNW

Earnings call transcript

2021 Q4

1 Mar 22

LNW

Earnings call transcript

2021 Q3

10 Nov 21

LNW

Earnings call transcript

2021 Q3

9 Nov 21

Latest ownership filings

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Caledonia (Private) Investments Pty Ltd

Notice of proposed sale of securities

Notice of proposed sale of securities

20 Sep 23

Antonia Korsanos

11 Sep 23

Financial summary

Financial statements Chart LNW financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	947.00 mm	947.00 mm	947.00 mm	947.00 mm	947.00 mm	947.00 mm
Cash burn (monthly)	5.67 mm	31.58 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	13.06 mm	72.81 mm	n/a	n/a	n/a	n/a
Cash remaining	933.94 mm	874.19 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	164.8	27.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2023

LNW institutional ownership history Ownership history

86.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	211	210	+0.5%
Opened positions	30	31	-3.2%
Closed positions	29	28	+3.6%
Increased positions	66	53	+24.5%
Reduced positions	82	93	-11.8%

13F shares	Current	Prev Q	Change
Total value	5.04 tn	5.38 tn	-6.3%
Total shares	77.95 mm	85.44 mm	-8.8%
Total puts	78.10 k	63.25 k	+23.5%
Total calls	225.80 k	293.80 k	-23.1%
Total put/call ratio	0.3	0.2	+60.7%

Largest owners	Shares	Value	Change
BLK Blackrock	10.40 mm	$742.01 bn	+0.2%
Vanguard	9.15 mm	$652.88 bn	+0.5%
Fine Capital Partners	8.81 mm	$628.74 bn	-1.6%
MacAndrews & Forbes	3.96 mm	$132.92 mm	0.0%
Capital Research Global Investors	3.39 mm	$241.81 bn	+5.8%
MS Morgan Stanley	3.25 mm	$231.94 bn	+0.4%
STT State Street	3.04 mm	$217.11 bn	+0.7%
Susquehanna Securities	2.93 mm	$0.00	0.0%
Harvard Management	2.68 mm	$191.20 bn	0.0%
FMR	2.13 mm	$151.86 bn	-14.5%

Largest transactions	Shares	Bought/sold	Change
Caledonia	2.05 mm	-2.25 mm	-52.4%
GS Goldman Sachs	457.93 k	-1.53 mm	-76.9%
NMR Nomura	326.83 k	-950.83 k	-74.4%
Natixis	2.10 mm	+935.00 k	+80.6%
Trustees Of The University Of Pennsylvania	0.00	-714.29 k	EXIT
Canada Pension Plan Investment Board	45.00 k	-706.80 k	-94.0%
BMO Bank of Montreal	9.70 k	-454.42 k	-97.9%
Hudson Bay Capital Management	0.00	-450.00 k	EXIT
Balyasny Asset Management	222.79 k	-424.90 k	-65.6%
FMR	2.13 mm	-359.61 k	-14.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LNW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Dec 23	Vanja Kalabic	Common Stock	Payment of exercise	Dispose F	No	No	87.62	149	13.06 k	1,453
1 Dec 23	Vanja Kalabic	Common Stock	Option exercise	Acquire M	No	No	0	431	0.00	1,602
1 Dec 23	Vanja Kalabic	RSU Common Stock	Option exercise	Dispose M	No	No	0	431	0.00	431
14 Nov 23	Oliver Chow	Common Stock	Payment of exercise	Dispose F	No	No	86.24	489	42.17 k	1,517
14 Nov 23	Oliver Chow	Common Stock	Option exercise	Acquire M	No	No	0	2,006	0.00	2,006
14 Nov 23	Oliver Chow	RSU Common Stock	Option exercise	Dispose M	No	No	0	874	0.00	1,749
14 Nov 23	Oliver Chow	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,132	0.00	2,265
13 Nov 23	Vanja Kalabic	Common Stock	Sell	Dispose S	No	No	86.36	588	50.78 k	1,171
1 Oct 23	Sottile James	Common Stock	Payment of exercise	Dispose F	No	No	71.73	1,602	114.91 k	55,929
1 Oct 23	Sottile James	Common Stock	Option exercise	Acquire M	No	No	0	3,333	0.00	57,531