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Catena Revenues Rise in 2017

9 February 2018 by Dustin Jermalowicz

This story was published more than 5 years ago.

Online betting group Catena Media has announced their full year financial results for 2017, noting that revenues were up a whopping 69% for the year.

Key financial indicators for the fourth quarter and full year ending December 31st, 2017 were:

  • Full year revenues of €67.6 million, up 69% from last year
  • EBITDA up 65% to €32.6 million
  • Fourth quarter revenues of €20.1 million, up 63% from the same period last year
  • Fourth quarter EBITDA up 68% to €10.3 million
  • Fourth quarter operating profit up 54% of €8.8 million

A company statement on the results read: "Record in new depositing customers (NDCs) which totalled 113,258 (67,023), an increase of 69% year-on-year and an increase of 12% compared to the previous quarter."

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.
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zaLambino
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10 February 2018 - 6:36pm
#1

Those are very impressive figures and I am sure the company is super happy with their performance , to go up like that in just one year is brilliant