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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.
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Gambling News :
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
NBA Odds: Resurgent Clippers Face Warriors in Oakland -
After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.
PokerStars.CZ has launched in the Czech Republic -
PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.
Sunbets to Sponsor Sutton United -
Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
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