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NYX Gaming Group Q3 Earnings
Tuesday November 24,2015 : RECORD THIRD QUARTER FROM NYX GAMING GROUP
But net profit impacted by Ongame losses and restructuring and acquisition strategies.
NYX Gaming Group has produced another record-breaking quarter for the three month period ending September 30, 2015, primarily driven by license and royalty revenues.
Performance highlights for the three month period ending September 30, 2015 include:
- Revenue of C$13.3 million, 111.6 percent growth year-over year;
- Organic Revenue excluding acquisitions of C$10.3 million or 63.5 percent year-over year growth;
- Royalty and License Revenue C$11.5 million;
- Gross Profit of C$11.1 million, up 83.5 percent;
- Net profit (loss) was $(6.5) million (Q3/2014: C$0.8 million) as a result of $6.6 million in acquisition and restructuring expenses and Ongame losses of $2.5 million over the third quarter period period.
- Adjusted EBITDA of C$(1.4) million and C$(2.4) million for the three and nine month periods;
- Basic and diluted earnings (loss) per share of C$(0.14) and C$(0.14) and $0.06 and $0.06 for the three and nine month periods;
"I'm pleased to announce that Q3 marked another record breaking quarter for NYX and an important step in our multi-year plan to gain scale and relevance as a diversified high growth content and technology supplier to the gaming space,” commented chief executive officer, Matt Davey.
“We saw excellent growth in revenue and gross profit and now boast the largest content portfolio combined with one of the broadest distribution bases in the industry with over 170 unique customers.”
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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