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NetPLayTV half year results
Thursday September 13, 2012 : HALF YEARLY RESULTS POSTED BY NETPLAYTV
Revenues and profits up markedly in H1-2012
The British interactive television gambling group NetPLayTV plc has joined the growing number of online gambling companies posting better half yearly results, reporting highlights for H1-2012 ending June 30 that include:
* Revenue up by 33 percent to GBP 13.02 million (H1 2011: GBP 9.81 million)
* EBITDA improved by 49 percent to GBP 2.35 million (H1 2011: GBP 1.58 million)
* Strong Cash generation, increasing by GBP 2.60 million to GBP 10.54 million
* Profit before tax up 500 percent to GBP 1.61 million (H1 2011: GBP 270,000)
* ITV1 broadcast agreement renewed in April
* Maiden interim dividend of 0.15p per share (H1 2011: nil)
Casino Key Performance indicators
* New depositing customers increased by 74 percent to 24,951 (H1 2011: 14,364)
* Total active depositing players increased by 51 percent to 36,730 (H1 2011: 24,254)
* Mobile and tablet new depositing customers accounted for 18 percent of total depositing sign ups
* Increased marketing expenditure and TV advertising has led to the strong increase in depositing players
* Continued strong trading in Q3 with average daily revenue up 28 percent on the same period last year
* Full year EBITDA expected to be ahead of current market expectations
Commenting on the results and the trading update, Charles Butler, NetPlay TV’s group CEO, said:
“We have continued to see an increase in active depositing casino players and further investment in marketing has made a significant impact.
“Thanks to our continued drive for growth and the resulting increase in revenue and profitability, we are delighted to announce our maiden interim dividend which is a demonstration of the Board’s confidence in NetPlay’s business model and the company’s future growth. We look forward to continued success and to creating further value for our shareholders."
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Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
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