Yggdrasil Gaming has reported that first quarter revenues increased by 73 per cent year-on-year to SEK57.6m.
EBITDA for the period increased to SEK18.1m and the EBITDA margin for the period amounted to 31 per cent. The number of player transactions increased by 90.2 per cent to 1,333 million.
CEO Fredrik Elmqvist said: “Once again, I am proud to be in a position to present another action-packed quarter for Yggdrasil Gaming. “The numbers make for impressive reading. Total player rounds increased by 90.2 per cent compared with Q1 2017, underlying the scale we are adding to our operations. This corresponded with revenues hitting SEK57.6m, up 73 per cent on the same period last year.
“I believe the conditions are right for continued strong growth ahead. We see strong interest in our games and in-game promotional tools among both operators and end players. I am very excited regarding the opportunities lying ahead and we will continue to prioritise growth and build upon our world-class offering.”
