Key Financials
2014 |
2013 |
% |
|
Net gaming revenue |
|||
Underlying business |
£31.0m |
£24.8m |
+25% |
Italian business |
£1.1m |
£0.6m |
+74% |
Total net gaming revenue |
£32.1m |
£25.4m |
+26% |
EBITDA |
|||
Underlying EBITDA* |
£6.0m |
£5.0m |
+20% |
Italian EBITDA |
(£0.6m) |
(£1.2m) |
+49% |
Reported EBITDA |
£5.4m |
£3.8m |
+41% |
Profit before taxation |
£3.4m |
£2.3m |
+49% |
Diluted earnings per share |
4.20p |
2.84p |
+48% |
Final dividend (declared today) |
1.4p |
1.0p |
+40% |
Full year ordinary dividend |
2.4p |
1.8p |
+33% |
Cash balance at 31 December |
£7.0m |
£3.4m |
108% |
Key highlights:
Fifth consecutive year of double digit growth in organic revenues, accelerating in H2
Step up in marketing investment driving top line organic growth and yielding healthy returns
Three year sponsorship of Rangers Football Club announced in April 2014
Successful launch of new sportsbook, 32Red Sport, in June 2014
Progress in Italy and new marketing campaign launched in early 2015
Successful integration of the Go Wild UK business, acquired in September 2014
Strong start to 2015 with current trading up 35% in the first two months of the year