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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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