In its interim report for the nine months to September, Net Entertainment saw revenues increase by 35.5 per cent year on year to SEK610.6m (€66m).

Net Ent

In Q3, revenues were up 41.8 per cent to SEK217.2m while operating profit rose by 64.9 per cent in the three months, to SEK73.4m.

Net Ent CEO Per Eriksson said in a statement: “We signed seven new customer agreements and we saw a strong underlying growth with existing customers [in Q3]. The game transactions increased by 37 per cent compared to last year which further shows that Net Ent’s games and products are market leading.

“New customers and currency effects also contributed positively to the revenue growth. It is pleasing that our investments within mobile games are performing so well and growing strong.

“Mobile games represented 16.5 per cent of the quarter’s revenues. We continue our strategy to expand into new markets where preparations to enter North America have started.

“I also expect that we will be live in Spain during the first half of next year.”