Catena Revenues Rise in 2017

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

1 reply • Last post

Comments

zaLambino
Gold PlayerGold Player
Lambino's picture
Location: Johannesburg,
Joined: 14 Apr 2015
Posts: 506
Thanks given: 287
Thanks received: 468
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