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Innova Gaming unveils Diamond Game Q1 results

Innova Gaming unveils Diamond Game Q1 results
Innova Gaming Group Inc. announced that it has filed the financial statements of its wholly-owned subsidiary Diamond Game Enterprises, for the three month period ended March 31, 2015.
Canada | 05/19/2015

Innova Gaming Group Inc. announced that it has filed the financial statements of its wholly-owned subsidiary Diamond Game Enterprises, for the three month period ended March 31, 2015.

D

iamond Game, which designs, manufactures and services games and systems in the North American market, became a subsidiary of Innova on May 5 prior to the closing of the latter’s initial public offering.

Innova has revealed that revenue for its new Diamond Game subsidiary totalled $4.6 million (€4 million) in the first quarter, which is slightly down on the $4.7 million posted in the same period last year.

However, earnings before taxes improved from a loss of $641,600 in the first quarter of last year to a positive figure of $95,400 in the opening period of this year.

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