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Amaya Releases Full Year 2015 Financials

Canadian betting firm Amaya Gaming has released their full year 2015 financial results, noting an 8% increase in revenues when compared to the same period last year.

Key financial indicators for the year ending December 31st, 2015 were:

  • Full year revenues of CDN $1.4 billion, up 8% from the CDN $1.3 billion the company brought in last year.
  • EBITDA up 11% to CDN $586.9 million.
  • Adjusted net earnings up 18% to CDN $372.2 million
  • Net earnings from the company's PokerStars and Full Tilt products were down 121%, as the products posted a loss of CDN $25.9 million.

Commenting on the results Amaya CEO David Baazov said, "Despite significant foreign exchange and product rollout challenges, we achieved positive growth on a constant currency basis and, through investments and initiatives that will continue through 2016, have laid the foundation for becoming a leader across multiple gaming verticals."

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bgsharpe
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18 March 2016 - 11:11pm
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Amaya is one of the gambling giants out there and I've expected a bigger growth in revenues than just 8%, some of the competition noted a higher increase in % but I guess it's not so easy to elevate the numbers when you're all ready one of the giants.

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