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Yggdrasil Earnings Results

Monday February 22,2016 :  YGGDRASIL HAILS FULL YEAR RESULTS

Stratospheric revenue growth, says CEO

Malta-headquartered software developer Yggdrasil Gaming delivered a robust Q4 2015 and Full Year Update, saying the company is exceeding its internal growth forecasts.

Quarter 4 highlights for the period ending December 31, 2015 include:

-    A 696 percent revenue increase year-on-year to SEK 10.4 million
-    EBITDA amounting to SEK 4.9 million (Q4/2014: SEK -1.4 million), corresponding to an EBITDA margin of 47 percent
-    Bet turnover of SEK 2.28 billion, an increase of 991 percent year-on-year.
-    Mobile gaming now accounts for 41.75 percent of the total gross game win
-    Number of bets increased by 792 percent year-on-year to SEK 204 million.

2015 Full Year Highlights include:

-    Revenue increase of 357 percent to SEK 20.1 million
-    Significant improvement in EBITDA to SEK 5.2 million (2014: SEK -4.6 million)
-    544 percent bet turnover increase to SEK 3.89 billion.
-    A total of 27 signed agreements with operators.

Yggdrasil closed the door on a phenomenal year of growth during 2015 in which it sealed numerous new deals with LeoVegas, Mr Green, Unibet, Hero Gaming, BetClic, Expekt, Monte Carlo Casino, Casino Heroes, Sunmaker and Kaboo; was awarded UK Gambling Commission licensing; saw the launch of a promotional tool offer BOOST; released eight new games; awarded a Joker Millions progressive jackpot of Euro 460,000 won seven new Joker Millions deals; and launched its iSENSE 2.0 HTML5 framework.

In a trading update, the company said it had signed further deals with Vera&John, ComeOn and Betsson.

“Yggdrasil enjoyed an absolutely fantastic 2015 which has put us in a position to push on this year and firmly establish ourselves as a top-tier supplier,” Fredrik Elmqvist, chief executive officer of Yggdrasil commented.

“It is tough to pick out just a handful of highlights in what was an action-packed year which saw stratospheric revenue growth, positive year-end EBITDA for the first time and several industry-first launches.”



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Jurassic World Online Slot live - During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.

Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

Huge Win at Bitstarz Casino - There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.

Beautiful Bones is the latest game release from Microgaming - Beautiful Bones is a five reel, 243 ways to win, visually superb slot. The Day of the Dead-inspired slot features vibrant and elaborately decorated reels, which truly bring this game to life.

NBA Odds: Can Warriors Keep up the Pace in Cleveland? - The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.

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