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."