NYX Posts Full Year 2015 Financial Results

This story was published more than 7 years ago.

Gambling firm NYX Gaming Group has posted their full year 2015 financial results, noting increases in revenue and profit, but EBITDA falling.

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

  • Revenues for the year of $52.3 million, up 91.8% from the year prior

  • Gross profit up to $44.8 million, which is an increase of 86%

  • Gross margins of 85.6%, down from 88.3% the year prior

  • EBITDA down 112.7% for a loss of $773,000, down from a $6.1 million profit the year prior

  • Net losses up 19.9% to $8.4 million

Commenting on his company's performance NYX CEO Matt Davey said, "I am pleased to announce that 2015 was another outstanding and remarkable year for NYX; we achieved growth in both revenue and gross profit. Our ongoing performance is a reflection of our ability to deliver content and technology services that meet the demands of the digital gaming industry. The momentum we gained from executing a robust strategy highlights our continued commitment to delivering long-term shareholder value."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
1 reply • Last post

Comments

bgsharpe
Forum AngelForum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 7646
Thanks given: 4239
Thanks received: 1165
9 May 2016 - 11:57pm
#1

NYX Gaming is one of the gambling giants out there so it's no wonder that their numbers for 2015 looking so impressive. I think they were involved in some acquiring deals which probably would make them even more powerful brand in future.