Mr Green Releases Third Quarter 2015 Financials

Internet betting site Mr Green has posted its third quarter financial results, noting that the company took a loss of SEK 75.95 million for the quarter, a sharp contrast to the SEK 27.4 million in profit the company made during the same period last year.

Key financial indicators for the quarter ending September 30th, 2015 were:

  • EBITDA before items affecting comparability was SEK 40.8 million, down slightly year-on-year from SEK 42.4 million; however, items affecting comparability of SEK 81.6 million resulted in an overall negative EBITDA of SEK 40.8 million;

  • Negative EBIT, including depreciation and amortisation as well as an impairment, totalled SEK 82.7 million.

  • Total revenue in the quarter rose 20 percent year-on-year to SEK 201.6 million, with the mobile channel rising 72 percent to deliver revenue of SEK 62.6 million;

  • Active player numbers rose from 66,266 in the same period in 2014 to 73,689 in Q3-2015;

  • Year-to-date revenues are currently up 22.1 percent y-o-y at SEK 591.5 million.

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