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Netent full year 2015 results

NETENT DELIVERS ANOTHER IMPRESSIVE SET OF FULL YEAR RESULTS

Revenues and profit have more than doubled since 2012.

Games developer NetEnt delivered several all time high’s in robust full year 2015 results for the 12 month period ending December 31, 2015 outlined in its latest annual report.

The company attributed growing market share in the UK, new customers, mobile growth and its focus on North America as the main factors supporting its continued rise in 2015.

Key performance highlights included:

-    Revenues of SEK 1,132.4 million, a 33 percent increase over 2014.

-    Operating profit of SEK 401.6 million, up 35.5 percent over 2014.

-    Profit after tax of SEK 374 million compared to SEK 243.2 million in 2014.

-    Earning per share increased to SEK 9.34 (2014: SEK 6.10)

-    Distribution to shareholders of SEK 8.00 per share (2014: SEK 5.00)

-    Cash flow after investments of SEK 337.6 million (2014: SEK 243.7 million)

-    Return on equity of 61.2 percent (2014: 52.5 percent)

-    Net cash position at year end of SEK 402.1 million (2014: SEK 258.1 million).

2015 was liberally peppered with achievements, chief executive officer Per Eriksson said with major milestones exceeded such as recording 27.7 billion gaming transactions through its IT systems equalling over 50 transactions per minute which when put into perspective is 16 times more than the New York stock exchange.

Highest quality in customer operations and services is key, Eriksson said, along with avoiding complacency and maintaining momentum.

Looking ahead, NetEnt will target expansion in regulated markets, focus on premium digital casino products and aim for additional growth in mobile and live casino, retail and within the Asian market.

“In brief - I’m highly positive about future developments,” Ericsson concluded.



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Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

NHL Odds: Pacific Division Foes Face Off in Edmonton - The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.

Bingo Cataratas Offers Unique Spin on Classic bingo - Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.

NBA Odds: Hawks-Pacers in Regular-Season Finale - Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.

Microgaming April 2017 new games - Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.

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