Internet betting giant Mr. Green has released its third quarter financial results as well as a trading update for the first nine months of the year, noting a 50% rise in revenues when compared to the same period in 2012.
Key financial indicators for the third quarter were:
Game win totals of SEK 124.1 million, up 53% compared to the same period last year.
EBITDA of SEK 31.5 million, up 45.3% during the same period last year
Active players reaching a new high of 65,853
Key financial indicators for the first nine months of 2013 were:
Game win up by 60.1%, totaling SEK 346.6 million
EBITDA of SEK 83.5 million, which is a 300.6% increase over the same period in 2012
Commenting on his company's performance, Mr. Green CEO Mikael Pawlo said, “Mr Green’s growth considerably outperformed the market during the third quarter. As yet, Mr Green does not issue any information on the performance of the business vis-a-vis individual markets, but (I) can divulge that Sweden accounts for considerably less than 50% of sales."