by into outlook off year. a forward fourth to few related perspective segments few flow Thank quarter highlights would by trending cash the see from providing each address sheet you on sharing call for of how current our on will business David. thoughts afternoon I also reviewing our a to our today's And good as items and everyone. we XXXX. free close I we and balance some some look like start the
commentary of relatively with conditions my noted, that macroeconomic Unless otherwise we those contemplates today. all forward-looking are experiencing consistent are
X% EGM of business, million. QX revenue $XX of new Turning record company gaming first approximately versus increased XX% and a our domestic to to operations year-over-year XXXX quarter fourth
consecutive a row. in installed Our for domestic increased EGM base quarter for sequentially third while EGM quarter RPD the domestic seventh exceeded the $XX
for Further base the installed prior market to higher-yielding continues to penetration and reported our of base accounted end compared XX% EGM of of domestic game the domestic the XX% simultaneously premium segment quarter period. drive in games year our premium in At the fourth installed RPD. growth
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premium game momentum to-date, enthusiasm stop does sustained While there. our encouraged our by not
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penetration and both customer further on sales America, Finally, supported North inside broadening focus of account QX outside performance. our our unit our strategic
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EGM our A for QX Mexico consistent Additionally, quarters revenue EGM efficient in to a revenue to sequentially Mexico manner, our back us to the fleet quality our allowed recurring trend further supporting year. performance. continue strengthen XXXX. dating has expect our end, of continuously International throughout optimizing in holistic we current has improvement the capital to of the base approach installed consecutive of global units that now To XX recurring increased
EGM, EBITDA the beyond Table on encouraging trajectory and fourth year. each our with increasing over revenue XX% prior business Looking adjusted Products by an remains quarter versus
verticals, of products all drivers. achieve two remain our and progressives shuffler we strategic across growth largest While year-over-year growth the table
approached PAX Our sequential nearly card doubling footprint S at end single-deck versus units quarter. XXX shuffler prior quarter the
for increased our units the time. surpassing XX% by year-over-year installed over X,XXX While base first progressive
remain revenue quarter. we Arsenal Spin exceeded Xtreme as Looking both products our XXXX, fourth ahead progress business quarter Bonus the as Shifting sequential and adoption AGS S throughout further site in revenue growth expect to result third stable progressive the consistent and million the we EBITDA license for the throughout PAX $X.X table program to year. of Interactive, adjusted consecutive customer to our shuffler, in within trends
While the adjusted positive row. in EBITDA quarter for XXth was a
year compared RMG continued the period. or XX% revenues versus for to the Gaming outsized by mix X% prior RMG in prior XX% channel, Real QX within Money increased supported growth North the of which revenue by American over year RMG accounted nearly
as XXXX. David in excited prospects ahead, in Looking for indicated RMG his the by growth our we’re comments, business
a QX approximately margins. the articulated margin attribute Turning on performance EGM EBITDA expectations outperformance gross sales adjusted of timing our hires. to of of ahead in revenue We the was quarter relative our anticipated Fourth than better margin the combination XX% nicely to call. quarter upside and new
EBITDA was full margin XX%. approximately year adjusted the For
Looking year to full ahead XX% the XX% adjusted our to XXXX, EBITDA we land expect margin in range. to
Our headwinds further level gross sales, rate revenue value product, operating of efficiency implementation our and future described increase rate investment on margins sales resulting by initiatives following. R&D business. reported our I growth of Mixed current than chain to believe normalization engineered exceed performance. additional greater margin offset realization have moderate driven into our Spectra measures help more of and in to the the the a inflationary significant product cost EGM a at an EGM We portion sales, adjustments a impact XXXX the outlook of margin our our of contemplates to growth supply should items and business of cabinet of EGM mix recurring our support on revenue the in improved additional anticipated market to organization, impact albeit in from
While for XXXX believe allowing the being to to all leverage our it’s margin realize we throughout formally additional expansion. next should year, into operating outlook too progress continue early we expecting comment on for we’re XXXX, else as the equal, do
available just under times. total balance credit four inclusive of under the with undrawn X.X day-to-day the company at Looking across of year we in we emerging leverage the our times Net million facility. times. net optimistic sheet, all remainder expectation trends specific net X.XX our liquidity continue segments cautiously ended our our leverage exit Supported outlook in the of exit revolving the $XX year at end range line was million the with the leverage operations observe by $XX we of within inside the with X.XX to year of times to and the three operating with resilient expect business, to for of catalyst XXXX year, our to
level year-to-date to range currently the period. encountered the would times underpinning prevailing the those I XXXX assumptions market bottom with should experiencing, of those or note remain the targeted we compared net our in market are conditions a conditions That pullback XXXX we in in would XXXX trends midpoint contemplate modest X.X the as leverage expect in of and said, range. broader consistent exit with leverage half to
our goal, attainable Looking net A beyond to XXXX, organization reducing times. XX remains current leverage the three XX inside believe is business. the based upon of over next trajectory squarely focused to months we on the of months
the on totaled performance few XXXX Fourth flow Before for to closing, year a full to provide address related million. would outlook approximately our in like items quarter the capital million, $XX I our bringing cash some perspective to expenditures capital spend current and quarter, year. $XX
expenditures $XX million of $XX full we of XXXX, to million to year capitalized R&D inclusive expenditures. anticipated capital incur ahead Looking expect to
cash to of payback reminder, equipment XX all on we than months deployments. As cash related continue less on capital target a
quarter, full $XX excluding free approximately free generated refinancing flow $X cash of free We approximately cash in fourth million been to cost one-time associated would’ve our cash million, pushing year million. with $X.X year February, flow flow cash full debt XXXX the
Turning to XXXX.
free seasonal in output. cash throughout high we for quarters perspective, and of to cash our to in From our flow as cadence increase relative year. generation debt positive serving we the cash four prior with of free growth year. a to year-over-year allow market flow higher in the the flows QX should payments expect normalizing operating to incurred be all bonus with believe sequentially capital Although achieve to normalized the investment, level our in after XXXX free employee in for water year the levels expect cash service deliver increase recent the a quarterly interest expected targeted flow are to us our in level, anticipated expect rates build moves costs coupled QX We mark
Operator, lineup our open the now for concludes like remarks. questions. would this prepared We to
