Metrics going in the right direction for Mr Green
News on 27 Apr 2018
News on 27 Apr 2018
The Mr Green online casino group has posted a strong Q1-2018 performance with good organic growth, highlighting:
* Total revenues of SEK 381 million up 38 percent y-o-y;
* EBITDA up 34 percent at SEK 46 million;
* Customer deposits up 40 percent at to SEK 1.1 billion.
* The group completed its acquisition of Malta-based operator Evoke Gaming for Euro 7 million and has successfully completed integration;
Per Norman, chief executive, reported:
“For six consecutive quarters, revenues have exceeded our target of annual growth of 20 percent. This was yet another very strong quarter, with a growth of 38 percent. In local currencies, organic growth was 25.2 percent, up 14.4 percent compared with the fourth quarter. Deposits increased by 40.7 percent during the quarter and customer growth was at 57.3 percent. This is confirmation from our customers that they like our products and brands.”
