Enlabs Revenues Grow 35.5% in Third-Quarter

This story was published more than 2 years ago.

Gaming group Enlabs has posted their third-quarter 2020 financials, noting that revenues and profits rose sharply for the period.

Key financial indicators for the quarter ending September 30th, 2020 were:

  • Revenues up 35.5% to €13.6 million
  • Pre-tax profits up 400% to €10.3 million
  • Gaming revenues up 41.9% to €13 million
  • Online gaming revenues totaled €10.2 million, up 78.9%
  • Betting and poker revenue was down 6.9% to €2.7 million
  • EBITDA up 29.6% to €4 million
  • Post-tax profits up 25.9% to €3.2 million

An Enlabs representative issued a comment on the results, noting: "The Enlabs group executed a tremendous recovery after the stormy spring of 2020."

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Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.