Online gambling group MRG has reported record-breaking quarterly growth of 50.9 per cent for Q3 2018, with revenues of SEK445.2m (£38m), up from SEK295.1m the previous year.
Organic growth was 36.4 per cent and with EBITDA increasing by 49.4 per cent to SEK75.5m (50.6m), the EBITDA margin was 17 per cent (17.1 per cent).
Earnings per share after dilution rose by 36 per cent to SEK0.99m (0.73m), cash flow from operating activities stood at SEK107.2m (135.4m) and customer deposits increased by 72.3 per cent to SEK1,477.7m.
In a period in which Mr Green gained a sportsbook licence in Denmark and Redbet was granted an Irish sportsbook licence, MRG also completed the integration of Evoke Gaming.
“MRG grew during the quarter by a record-breaking 50.9 per cent, improved EBITDA by 49.4 per cent and set new customer records,” said Per Norman, CEO of MRG.
