Consolidated revenues of USD 31.5M for 2015 fiscal year
Entertainment Gaming Asia reports Q4 and 2015 fiscal year results
Entertainment Gaming Asia reported operating results for the fourth quarter and fiscal year ended December 31, 2015.
2016-03-11
Reading time 30 seg
Entertainment Gaming Asia reported operating results for the fourth quarter and fiscal year ended December 31, 2015.
Key financial metrics:
Consolidated revenues of $7.3 million for the fourth quarter and $31.5 million for the 2015 fiscal year
Adjusted EBITDA (earnings from continuing operations before interest, taxes, depreciation, amortization and non-cash charges) of $2.1 million for the fourth quarter and $11.2 million for the 2015 fiscal year
Net loss of $2.7 million for the fourth quarter and net income of $820,000 for the 2015 fiscal year, which includes $2.6 million in non-cash impairments taken in the fourth quarter of 2015 in connection with the Company's annual valuation review
Cash balance of $30.7 million and zero debt as of December 31, 2015
To see the full report, click here.
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