Evolution Gaming posts record revenue and profit in Q1
Operating revenue in the first quarter amounted to €15.4 million ($17.5 million), up 43% on the corresponding period last year.
Adjusted operating profit also jumped 117% from €2.3 million in the opening quarter of last year to €4.9 million in the same period this year.
Meanwhile, adjusted earnings before interest, tax, depreciation and amortization hiked 95% on a year-on-year basis to €6.2 million, while adjusted earnings per share jumped 119% to €0.13.
Jens von Bahr, chief executive officer of Evolution Gaming, said: “The positive trend in revenues and profit that began last year has continued into 2015.
“The year commenced very strongly, with both revenues and profits being Evolution’s best to date for an individual quarter.
“The trend is primarily attributable to good growth in our existing customer portfolio, driven by, among other things, new games and increased mobile gaming.
“The conditions for live casino have never been as good as they are today – technological advances, new games and channels, as well as major ventures by operators, pave the way for continued strong growth.”
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