Net Entertainment saw already strong financial performance in 2013 boosted further by a significant increase in year-on-year Q4 revenues.
Revenues for the fourth quarter of 2013 rose by 24.5 per cent to SEK 180.1m, delivering SEK 56.1m of profit after tax.
Profits for the full year increased to SEK 167.1m, up from SEK 136.1m, as the company signed 27 new licence agreements and launched 20 new casinos for customers.
Per Eriksson, CEO (pictured), said: “2013 has been a fantastic year and Net Entertainment has started to see the effect from several investments that were carried out during 2012 and revenues reached record levels.
“The fourth quarter is the strongest quarter during a fiscal year and revenues increased 25 per cent compared to last year. The operating margin amounted to 31 per cent.”
