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SafeCharge full year 2015 numbers
Friday March 11,21016 : SAFECHARGE REPORTS A BUMPER 2015
The metrics are all headed in the right direction at Teddy Sagi's financial enterprise.
Teddy Sagi's financial venture SafeCharge plc released its full year 2015 numbers this week, reporting impressive progress and highlighting:
* Revenue up year-on-year by 30 percent to $99.8 million;
* Gross profit up 30 percent at $57.7 million;
* Adjusted EBITDA of $31.1 million - up 26 percent on the preceding year;
* Reported profit after tax of $22.9 million - up 58 percent;
* Cash on hand $114.9 million - lower by 22 percent compared with previous year;
* Total company income of $28.7 million - up an impressive 99 percent;
* Final dividend of 7.30 c - up 38 percent and making the full year dividend 11.30 c - an increase of 30 percent.
CEO David Avgi reported that the group has enjoyed a good start to 2016 and has a strong pipeline of business. He listed operational highlights of the year as:
* The successful launch of VISA acquiring services complementing MasterCard services;
* New customer wins with a strong pipeline and several significant new customers due to go live in H1 2016;
* Significant advance in core business processing transaction value of US$6.9 billion (2014: US$5.7 billion);
* Convergence of acquiring and issuing under a single technology platform;
* Development and certification of multichannel and airline solutions;
* PAY.com MasterCard pre-paid card successfully launched;
“2015 was another period of strong financial performance and continued growth," Avgi said. "We have continued to innovate, develop and deliver our payment products and technologies, enabling us to deepen our relationships and win new business with large scale customers. With continued strong momentum and an excellent pipeline of new business, we look forward to the rest of the year with confidence and optimism.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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