Inspired Entertainment, Inc. (INSE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 202.71% of current shares
Recent Dilution: 2.9% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
29M
Potential Supply
59M
Additional shares possible
Splits
None
Past 2 years

Summary

INSE currently has 29.3M outstanding shares. with significant dilution risk as 59.4M authorized shares could dilute existing holders by 202.7%. The company has minimally diluted shareholders by 2.9% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 29.3M shares outstanding

29M 59M
Mar 10, 2026

10-K filing | 29.1M shares outstanding

29M 60M
Aug 06, 2025

10-Q filing | 29.1M shares outstanding

29M 60M
May 08, 2025

10-Q filing | 29.0M shares outstanding

29M 60M
Mar 26, 2025

10-K filing | 28.5M shares outstanding

29M 60M
Nov 07, 2024

10-Q filing | 28.5M shares outstanding

28M 60M
Aug 08, 2024

10-Q filing | 28.5M shares outstanding

28M 60M
May 10, 2024

10-Q filing | 28.6M shares outstanding

29M 60M
Apr 15, 2024

10-K filing | 28.1M shares outstanding

28M 61M
Feb 27, 2024

10-Q filing | 28.1M shares outstanding

28M 61M
Aug 11, 2023

10-Q filing | 26.3M shares outstanding

26M 62M
May 10, 2023

10-Q filing | 26.2M shares outstanding

26M 63M
Mar 16, 2023

10-K filing | 26.4M shares outstanding

26M 62M
Nov 09, 2022

10-Q filing | 26.2M shares outstanding

26M 62M
Aug 09, 2022

10-Q filing | 26.8M shares outstanding

27M 62M
May 10, 2022

10-Q filing | 26.9M shares outstanding

27M 62M
Mar 31, 2022

10-K filing | 26.9M shares outstanding

27M 62M
Jan 04, 2022

8-K filing: Inspired Entertainment, Inc. announced the expiration of all previously outstanding warrants on December 23, 2021, and that 14,351,588 warrants were exercised, resulting in the issuance of 3,679,015 shares of common stock and proceeds of $30.5 million. ($30.5M proceeds)

23M 66M
Nov 12, 2021

10-Q filing | 22.7M shares outstanding

23M 66M
Aug 12, 2021

10-Q filing | 22.6M shares outstanding

23M 66M
Jun 01, 2021

8-K filing: On June 1, 2021, Inspired Entertainment, Inc. completed the sale of 6,217,628 shares of common stock at a price of $9.25 per share in an underwritten public offering by the Selling Stockholder.

23M 66M
May 21, 2021

S-3/A filing: Registration of 2,031,500 shares of common stock for resale by selling stockholders, relating to previously registered and unsold shares, and shares issuable upon warrant exercise.

23M 66M
May 17, 2021

S-3/A filing: The company is offering common stock, preferred stock, debt securities, warrants, rights, or units for total gross proceeds up to $300,000,000.

23M 62M
May 17, 2021

S-3 filing: This is an S-3 filing for Inspired Entertainment, Inc. registering shares of common stock for resale by selling stockholders and shares issuable upon the exercise of warrants.

23M 62M
May 14, 2021

10-Q filing | 22.6M shares outstanding

23M 36M
Mar 29, 2021

10-K filing | 22.4M shares outstanding

22M 36M
Mar 29, 2021

S-3/A filing: The company is filing an S-3/A to register the offering of common stock, preferred stock, debt securities, warrants, rights, or units for total gross proceeds up to $300,000,000.

23M 35M
Feb 16, 2021

S-3/A filing: The company may offer and sell from time to time, in one or more series, any one of the following securities of our company, for total gross proceeds up to $300,000,000: common stock; preferred stock; secured or unsecured debt securities consisting of notes, debentures or other evidences of indebtedness which may be senior debt securities, senior subordinated debt securities or subordinated debt securities, each of which may be convertible into equity securities; warrants to purchase our securities; rights to purchase any of the foregoing securities; or units comprised of, or other combinations of, the foregoing securities.

23M 39M
Feb 12, 2021

S-3 filing: The company is filing an S-3 to offer and sell common stock, preferred stock, secured or unsecured debt securities, warrants, rights, or units for total gross proceeds up to $300,000,000.

23M 39M
Nov 12, 2020

10-Q filing | 23.3M shares outstanding

23M 0
Aug 13, 2020

10-Q filing | 23.0M shares outstanding

23M 0
May 15, 2020

10-Q filing | 22.2M shares outstanding

22M 0
Mar 30, 2020

10-K filing | 22.2M shares outstanding

22M 0
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