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Mr Green First Half Financials Impress

Internet casino firm Mr Green has released their first half 2016 financial results, noting that revenue was up 10.2% when compared to the first half of last year.

Key financial indicators for the period ending June 30th, 2016 were:

  • Total revenues of SEK 429.7 million, up from SEK 390 million last year
  • EBITDA of SEK 42.2 million, down from SEK 66.9 million last year
  • Profit margins of 9.8%
  • Mobile revenues of SEK 90.4 million, up 69.4% from last year and setting an all-time record

Commenting on his company's performance Mr Green CEO Per Norman said, "The strategy and the initiatives that have been adopted and implemented over the past year, including a new technological platform, a focus on mobile gaming, the broadening of our product range to include a sportsbook, a stronger focus on the live segment, a strengthened management team and a new CEO in Malta, are now starting to bear fruit at the operational level, putting us in a good position to deliver continued growth."

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bgsharpe
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Location: Sofia, Bulgaria
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24 July 2016 - 8:30pm
#1

That's maybe an impressive figures but I guess we shouldn't have to be surprised by that when we know Mr. Green is one of the leading brands out there. Too bad the casino is not available in my country any more.

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