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Business Summary: Highlight Event and Entertainment AG is a Switzerland-based holding company focusing on event marketing, as well as the development of slot machines and games that require an element of skill, as stipulated by Swiss law, as well as providing slot machines under the Swissmania brand exclusively for casinos. It diversifies its activities into Event Marketing and Casino- and monetary games machines segments. Within Event Marketing segment, the Company holds exclusive rights for marketing of the Eurovision Song Contest as well as Wiener Philharmoniker (Vienna Philharmonic). The Casino- and monetary games machines segments' products include Multi-Gaminator and Super-Gaminator, machines developed by Austrian Gaming Industries (AGI), and machines delivered under Unidesa brand. The Company further provides services that include support, installation, maintenance, consultation and training as casino technicians.
Financial Summary: BRIEF: For the six months ended 30 June 2023, Highlight Event and Entertainment AG revenues decreased 31% to SF186.4M. Net loss increased 69% to SF13M. Revenues reflect Film segment decrease of 41% to SF111.6M, Sports and Events segment decrease of 5% to SF74.7M. Higher net loss reflects Other operating income decrease of 53% to SF5.8M (income), Currency exchange gains decrease of 34% to SF3.4M (income).