Webis Holdings Fiscal 2014 Report

Thursday November 20,2014 : WEBIS HOLDINGS ISSUES TEASER OF FULL YEAR RESULTS
 
Pleased with progress of WatchandWager.com product
 
Webis Holdings has issued a sneak peak into its audited results for Fiscal 2014 ahead of the annual reports' wider release next week.
 
The company said Group turnover had increased by 4.2 percent to US$275.85 million and gross profit by 2.1 percent to US$8.71 million.  Basic earnings per share stand at 0.13 cents, up almost 100 percent in 2013, while total assets had increased by 27.4 percent to US$13.4 million.
 
Denham Eke, non-executive chairman of Webis Holdings termed "excellent strategic progress" with reference to the Group's pool wagering and racetrack operation WatchandWager.com, also saying the company's betinternet.com sportsbook operation has remained resilient against strong regulatory headwinds that are impacting the gambling industry as a whole.