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Kambi Group full year 2015 financial report

Thursday February 11,2016 :  KAMBI DELIVERS STRONG END TO FINANCIAL YEAR

Achieves all time high in fourth quarter revenue and operating margins.

In its fourth quarter and full year 2015 financial report, Kambi Group plc reported a strong finish in terms of revenues and organic growth.

The company hailed fourth quarter results saying revenues and operating margins represented an all time high. 

Key financial highlights for the fourth quarter and full year periods ending December 31, 2015 include:

-    A 53 percent increase in revenues amounting to Euro 14.2 million (Q4/2014: Euro 9.3 million) in the fourth quarter and full year revenues of Euro 47.7 million (FY/2014: Euro 36 million) an increase of 32 percent.

-    Fourth quarter operating profit of Euro 3.3 million (Q4/2014: Euro 0.6 million) with a margin of 23 percent.  Full Year operating profit of Euro 7.4 million (FY/2014: Euro 2.2 million), with a margin of 16 percent (FY/2014: 6 percent).

-    Profit after Tax amounted to Euro 2.9 million (Q4/2014: Euro 0.2 million) and Full Year profit after tax was Euro 6.2 million (FY/2014: Euro 1 million).

-    Earnings per share for the fourth quarter of 2015 were Euro 0.099 (Q4/2014: Euro 0.008) and Euro 0.208 (FY/2014: Euro 0.037) for the full year 2015

“Kambi’s organic growth accelerated in the fourth quarter and led to the strongest quarter to date. This is continued proof of the quality of Kambi’s services, the success of our operators and the entertainment value the Kambi Sportsbook can offer their players,” said Kristian Nylén, chief executive officer of Kambi.



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Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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