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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 :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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