Kindred Group has released year-end and fourth quarter 2020 figures that reveal gross winnings revenue of £364.7m in Q4, an increase of 54 per cent.
Underlying EBITDA was £118m (£30.7m in 2019) for Q4, while profit before tax amounted to £98.7m (£13.3m). For the full year the number of active customers was 1,781,617 (1,603,903) and gross winnings revenue amounted to £1.1bn (912.8m), an increase of 24 per cent.
"I am pleased that we can finally put 2020, a difficult year for most people, businesses and countries, behind us," said CEO Henrik Tjärnström. "It has certainly been a year we will all remember.
"At Kindred, we have successfully managed to navigate these uncertain times and have continued to attract customers who enjoy a safe and entertaining gambling experience, resulting in several new all-time highs this quarter including active customers and gross winnings revenue, which increased 54 per cent from the fourth quarter of 2019 to £364.7m."
