Ainsworth Game Technology Limited

ASX:AGI Stock Report

Market Cap: AU$468.1m

Ainsworth Game Technology Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ryan Comstock

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2.2yrs
Board average tenure3.6yrs

Recent management updates

Analysis Article May 22

Here's Why Ainsworth Game Technology Limited's (ASX:AGI) CEO Is Unlikely to Expect A Pay Rise This Year

Key Insights Ainsworth Game Technology will host its Annual General Meeting on 29th of May Total pay for CEO Harald...

Recent updates

Narrative Update Jun 18

AGI: Earnings Guidance Weakness Will Likely Undermine Shares Despite Insider Buying

Analysts have maintained their Ainsworth Game Technology price target at A$1.21. The unchanged fair value estimate, discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations indicate no material shift in their overall valuation framework.
Narrative Update Jun 03

AGI: Future Returns Look Vulnerable As Ownership Accumulation Outpaces Fundamentals

Analysts now see Ainsworth Game Technology’s fair value holding at A$1.21 per share, with unchanged assumptions around discount rate, revenue growth, profit margins and future P/E guiding a steady price target outlook. What's in the News The board appoints Ryan Comstock as permanent CEO effective 11 May 2026, following his tenure as Chief Operating Officer since 2018 and Acting CEO since October 2025.
Narrative Update May 11

AGI: Fair Outlook Balances Ownership Bid Activity And Deal Termination

Analysts have lifted their price target for Ainsworth Game Technology to A$1.21. The change reflects updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that slightly reshape the stock’s risk and return profile.
Narrative Update Aug 07

Analysts Predict Profit Margins Will Shrink To 59%, Challenging Future Earnings

Upward revisions to consensus revenue growth forecasts and a higher anticipated future P/E multiple reflect increased confidence in Ainsworth Game Technology’s earnings outlook, resulting in a raised analyst price target from A$0.801 to A$1.00. Valuation Changes Summary of Valuation Changes for Ainsworth Game Technology The Consensus Analyst Price Target has significantly risen from A$0.801 to A$1.00.
Analysis Article Apr 10

At AU$0.72, Is It Time To Put Ainsworth Game Technology Limited (ASX:AGI) On Your Watch List?

Ainsworth Game Technology Limited ( ASX:AGI ), might not be a large cap stock, but it saw significant share price...
Analysis Article Mar 02

Market Participants Recognise Ainsworth Game Technology Limited's (ASX:AGI) Revenues Pushing Shares 28% Higher

Ainsworth Game Technology Limited ( ASX:AGI ) shares have had a really impressive month, gaining 28% after a shaky...
Analysis Article Mar 01

Ainsworth Game Technology (ASX:AGI) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
User avatar
New Narrative Feb 08

Expansion Of Gaming Units In North America Will Strengthen Future Prospects

Expansion in North American markets and securing Latin America import approvals are expected to drive revenue growth and improve net margins.
Analysis Article Jan 08

Are Investors Undervaluing Ainsworth Game Technology Limited (ASX:AGI) By 22%?

Key Insights The projected fair value for Ainsworth Game Technology is AU$0.96 based on 2 Stage Free Cash Flow to...
Analysis Article Sep 17

What Is Ainsworth Game Technology Limited's (ASX:AGI) Share Price Doing?

Ainsworth Game Technology Limited ( ASX:AGI ), is not the largest company out there, but it saw significant share price...
Analysis Article May 22

Here's Why Ainsworth Game Technology Limited's (ASX:AGI) CEO Is Unlikely to Expect A Pay Rise This Year

Key Insights Ainsworth Game Technology will host its Annual General Meeting on 29th of May Total pay for CEO Harald...
Analysis Article May 21

Ainsworth Game Technology Limited (ASX:AGI) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

To the annoyance of some shareholders, Ainsworth Game Technology Limited ( ASX:AGI ) shares are down a considerable 26...
Analysis Article Mar 01

Ainsworth Game Technology Limited's (ASX:AGI) Intrinsic Value Is Potentially 49% Above Its Share Price

Key Insights The projected fair value for Ainsworth Game Technology is AU$1.70 based on 2 Stage Free Cash Flow to...
Analysis Article Dec 23

Here's Why We Think Ainsworth Game Technology (ASX:AGI) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Nov 13

Some Investors May Be Worried About Ainsworth Game Technology's (ASX:AGI) Returns On Capital

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article May 12

Is Ainsworth Game Technology Limited (ASX:AGI) Trading At A 48% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ainsworth Game Technology fair value estimate is AU$2.10...
Analysis Article Nov 02

Ainsworth Game Technology (ASX:AGI) Could Be Struggling To Allocate Capital

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Sep 03

Ainsworth Game Technology Limited Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

A week ago, Ainsworth Game Technology Limited ( ASX:AGI ) came out with a strong set of yearly numbers that could...
Analysis Article Aug 31

Is There Now An Opportunity In Ainsworth Game Technology Limited (ASX:AGI)?

Ainsworth Game Technology Limited ( ASX:AGI ), might not be a large cap stock, but it received a lot of attention from...
Analysis Article Aug 09

Calculating The Fair Value Of Ainsworth Game Technology Limited (ASX:AGI)

How far off is Ainsworth Game Technology Limited ( ASX:AGI ) from its intrinsic value? Using the most recent financial...
Analysis Article May 02

Ainsworth Game Technology (ASX:AGI) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 02

Ainsworth Game Technology's (ASX:AGI) Strong Earnings Are Of Good Quality

The subdued stock price reaction suggests that Ainsworth Game Technology Limited's ( ASX:AGI ) strong earnings didn't...
Analysis Article Sep 08

Ainsworth Game Technology (ASX:AGI) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 28

Would Ainsworth Game Technology (ASX:AGI) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

CEO Compensation Analysis

How has Ryan Comstock's remuneration changed compared to Ainsworth Game Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-AU$19m

Sep 30 2025n/an/a

AU$1m

Jun 30 2025n/an/a

AU$21m

Mar 31 2025n/an/a

AU$26m

Dec 31 2024AU$658kAU$530k

AU$30m

Sep 30 2024n/an/a

AU$18m

Jun 30 2024n/an/a

AU$5m

Mar 31 2024n/an/a

-AU$537k

Dec 31 2023AU$831kAU$526k

-AU$7m

Dec 31 2022AU$528kAU$212k

AU$5m

Compensation vs Market: Insufficient data to establish whether Ryan's total compensation is reasonable compared to companies of similar size in the Australian market.

Compensation vs Earnings: Ryan's compensation has been consistent with company performance over the past year.


CEO

Ryan Comstock

less than a year
Tenure
AU$658,404
Compensation

Mr. Ryan P. Comstock served as Chief Operating Officer of Ainsworth Game Technology Limited since 2018 until May 11, 2026 and had been its Acting Chief Executive Officer from October 13, 2025 until May 11,...


Leadership Team

NamePositionTenureCompensationOwnership
Ryan Comstock
Chief Executive Officerless than a yearAU$658.40kno data
Lynn Mah
Chief Financial Officer3.5yrsAU$785.83k0.0058%
A$ 27.0k
Nancy Ayala
Senior VP2.2yrsno datano data
Sean Evans
Vice President of Sales2.3yrsno datano data
Andrew Kabega
Interim Joint Company Secretaryless than a yearno datano data
2.2yrs
Average Tenure

Experienced Management: AGI's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Graeme Campbell
Independent Non-Executive Chairman18.8yrsAU$168.81kno data
Heather Scheibenstock
Independent Non-Executive Director4yrsAU$150.65kno data
Haig Edwin Asenbauer
Non-Executive Director3.2yrsno datano data
Birgit Wimmer
Non-Executive Directorless than a yearno datano data
3.6yrs
Average Tenure
58yo
Average Age

Experienced Board: AGI's board of directors are considered experienced (3.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/24 18:44
End of Day Share Price 2026/07/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ainsworth Game Technology Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark BryanBofA Global Research
Justin BarrattCLSA
Matthew RyanJ.P. Morgan