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Lotto24 Q3-2015 Earnings Report
Thursday, November 12, 2015 : LOTTO24 MAKES PROGRESS IN 9M REPORT
Strong growth in revenue and customer registrations
Despite continued profit losses, Lotto24 appears to be moving in the right direction reporting strong growth in revenue and customer registrations for the 9M/2015 period ending September 30, 2015.
Key performance indicators for the 9M/2015 period include:
- Billings amounting to Euro 101.0 million, up 75.8 percent (9M/2014: Euro 57.5 million).
- Increase in revenues of 88.4 percent amounting to Euro 10 million (9M/2014: Euro 5.3 million).
- Gross margin of 9.9 percent (9M/2014: 9.2 percent).
- 360 000 new customer registrations (9M/2014: 219 000).
- Registered customers stood at 827 000 as of September 30, 2015, up 81.5 percent (September 30, 2014: 456 000).
- Slightly improved EBIT of Euro -11.3 million (9M/2014: Euro -11.5 million)
- Net profit Euro -10.1 million (9M/2014: Euro -11.7 million).
Lotto24 AG upgraded its guidances on the back of the report in terms of new customer figures and billings saying it now expects at least 320 000 new customers in 2015 instead of the previously forecast 284 000 along with a billings growth of 50 percent.
Gambling News :
Summer Is Here: It’s the 2017 Super Millions Poker Open -
The 2017 Super Millions Poker Open (formerly the Summer Millions) starts July 15 with a hefty $2.5 million guaranteed in the prize pool. Qualifiers begin this Thursday; you can satellite your way into the 2017 SMPO for as little as 55 cents.
Americas Card Room Biggest OSS CUB3D ever -
Included in the series is the next $1,000,000 GTD Million Dollar Sunday, the Main Event of the OSS. The MOSS and BOSS also have a Main Event and all three winners will walk away with a sterling silver commemorative bracelet in addition to the prize money.
Also returning is an OSS Cub3d combined leaderboard. The top-3 ranked players at the end will receive a $4,900 Punta Cana Poker Classic prize package and a sterling silver bracelet.
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.
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