Netent Financial Indicators Have Incrased In Quarts

Executive director and president netent per eriksson noted the ongoing growth and expansion of the main factors contributing to the jump in key financial indicators in the first quarter of 2016 year in annual terms. Igaming business writes about it.

Revenue for the first three months of the current year amounted to $ 42.6 million, which means an increase of 33.7% compared to the same period in 2015. Operating profit grew by 56.6% year in annual terms – almost $ 16 million, while the operating margin also increased to 37.1%. Profit after paying taxes also increased by 64.1% – to almost $ 15 million.

Netent also noted that the company received 9 new licensed agreements in the specified period, and also launched 8 new client casinos.

Netent wants to double his share in the world market by 30%, despite doubts about whether it can support rapid growth, and an unstable regulatory environment of the united states.