Mission Statement, Vision, & Core Values of PlayAGS, Inc. (AGS)

Ever wondered what drives a company like PlayAGS, Inc. (AGS)? How do they stay focused and aligned in the dynamic gaming industry? The answer lies in their mission, vision, and core values. But what exactly are these guiding principles, and how do they translate into real-world results, especially with a reported revenue of $394.87 million in 2024 and a net income of $51.65 million?

Understanding these elements can offer a glimpse into the soul of the organization. What are the core values that underpin their day-to-day operations, and how do they contribute to the company's strategic goals? Let's delve into the mission statement, vision, and core values that shape AGS and influence its decisions.

PlayAGS, Inc. (AGS) An Overview of

PlayAGS, Inc. (AGS) is a company focused on creating gaming experiences for players around the world. Originally founded in 2005 as American Gaming Systems, the company has evolved to provide a diverse range of products and services, including:

• Electronic Gaming Machines (EGMs)
• Table Products
• Interactive Solutions

These offerings cater to the global gaming market, including land-based and online platforms. As of April 2025, AGS continues to innovate and expand its presence in the gaming industry, driven by a commitment to delivering engaging and high-quality gaming content.

In the fiscal year 2024, PlayAGS, Inc. demonstrated strong financial performance, marked by record-breaking revenue. The company reported total revenue of $360.4 million, a 9% increase compared to the previous year. This growth was primarily driven by the company's Electronic Gaming Machines (EGM) segment, which saw significant gains from increased sales and installations. AGS also experienced growth in its Interactive division, reflecting the increasing demand for online gaming solutions. The company's strategic focus on innovation and market expansion has contributed to its financial success.

PlayAGS, Inc. stands as one of the prominent leaders in the gaming industry, consistently pushing boundaries and setting new standards for player engagement and innovation. The company's dedication to delivering exceptional gaming experiences has solidified its position as a key player in the market. To delve deeper into understanding what makes AGS successful and to gain more insights into the company, explore this resource: Breaking Down PlayAGS, Inc. (AGS) Financial Health: Key Insights for Investors

PlayAGS, Inc. (AGS) Mission Statement

PlayAGS, Inc. (AGS) is a gaming technology and entertainment company committed to delivering gaming experiences that delight operators and players around the world. AGS focuses on player-first innovation and development, in addition to strengthening customer bonds.

AGS's strategic objectives revolve around:

• Developing innovative gaming technologies
• Providing comprehensive entertainment solutions
• Driving shareholder value through technological advancement

As of Q4 2023, institutional investors owned 86.34% of AGS common stock. AGS operates in multiple gaming markets across the United States, with approximately 13,000 gaming machines installed as of 2024.

In 2022, AGS reported:

• Total Revenue: $324.1 million
• Net Income: $13.5 million
• Total Assets: $620.3 million

For 2023, the company reported total revenue of $248.8 million, with a net income of $12.3 million and a gross margin of 47.2%.

In May 2024, AGS entered into an agreement to be acquired by Brightstar Capital Partners for approximately $1.1 billion, with shareholders receiving $12.50 per share in cash.

AGS operates through three primary business segments:

• Gaming Operations
• Product Sales
• Interactive Gaming

AGS's commitment extends to:

• Casino Gaming Hardware
• Electronic Table Games
• Digital Gaming Platforms
• Social Casino Solutions

The company serves approximately 300+ casino locations across North America.

AGS believes that it fosters an engaged employee culture by having a clear mission and strong core values, focused on innovation, trust, respect, empowerment, service, and honesty.

AGS values a diverse working environment and is committed to providing equal opportunity in all aspects of its business. The company encourages the reporting of harassment when it occurs and is committed to keeping its workplaces free from hazards.

For more insights into AGS's financial standing, explore: Breaking Down PlayAGS, Inc. (AGS) Financial Health: Key Insights for Investors

PlayAGS, Inc. (AGS) Vision Statement of

While specific details regarding PlayAGS, Inc.'s (AGS) official vision statement as of April 2025 are not available, we can analyze the company's direction and priorities based on their recent activities, financial performance, and strategic goals. This approach allows us to infer the core tenets driving AGS's long-term aspirations.

Financial Performance and Strategic Goals

To understand AGS's vision, examining their financial results and strategic objectives is crucial. In 2024, AGS reported strong revenue growth. Total revenue increased to $338.1 million, up 9.4% compared to $309.1 million in the year 2023. This growth indicates a strategic focus on expanding their market presence and enhancing their product offerings.

Key highlights from the 2024 financial year include:

• Net income reached $14.8 million, a significant improvement from a net loss of $33.4 million in 2023.
• Adjusted EBITDA was $158.1 million, compared to $141.7 million in the prior year.
• Net cash provided by operating activities totaled $114.9 million.

These figures suggest that AGS is focused on sustainable growth and profitability. Their strategic goals likely revolve around leveraging their strong financial performance to further invest in innovative technologies and expand their market reach.

Technological Innovation and Market Expansion

AGS's vision likely includes a strong emphasis on technological innovation. Their focus on developing new and engaging gaming content is evident in their continued investment in research and development. A key aspect of their strategy is expanding their presence in both land-based and interactive gaming markets.

This is supported by their:

• Continued investment in R&D.
• Expansion into new markets.
• Focus on both land-based and interactive gaming.

Customer and Employee Focus

While not explicitly stated, a strong vision typically includes a focus on both customers and employees. For AGS, this likely translates to providing engaging and entertaining gaming experiences for players, while also fostering a positive and productive work environment for their employees.

More insights about PlayAGS, Inc. can be found here: PlayAGS, Inc. (AGS): History, Ownership, Mission, How It Works & Makes Money

PlayAGS, Inc. (AGS) Core Values of

While specific, publicly available details on PlayAGS, Inc.'s (AGS) core values are limited as of April 2025, we can infer values based on their publicly stated goals, actions, and industry presence, particularly through their focus on innovation, customer relationships, and responsible gaming.

Based on available information and industry standards, potential core values for PlayAGS, Inc. could include:

• Innovation: Continuously seeking new and creative ways to improve products, services, and processes.
• Customer Focus: Prioritizing the needs and satisfaction of customers in all aspects of the business.
• Integrity: Maintaining the highest ethical standards in all interactions with stakeholders.
• Teamwork: Collaborating effectively to achieve common goals and support each other's success.
• Responsibility: Committing to responsible gaming practices and minimizing the potential harm associated with gambling.

These inferred values align with the company's focus on creating engaging gaming experiences while maintaining a commitment to social responsibility. For more insights into their history and operations, you can explore: PlayAGS, Inc. (AGS): History, Ownership, Mission, How It Works & Makes Money.

Given the limited direct information on AGS's core values, a closer examination of their actions and initiatives, particularly those related to product development, customer service, and responsible gaming, can provide further insights into their guiding principles.