The 888 Holdings Board of Directors is recommending a final dividend of 10.4¢ per share in accordance with 888's dividend policy, plus an additional one-off 1.6¢ per share to acknowledge the record-breaking performance of the Group in 2020, bringing the total for the year to 18.0¢ per share (2019: 6.0¢ per share).
Other financial highlights include:
- Group revenue increased 52% to $849.7 million (2019: $560.3 million)
- Revenue from regulated and taxed markets represented 73% of Group revenue (2019: 74%), with revenue from regulated markets increasing 58%
- B2C revenue increased 53% to $814.3 million (2019: $530.5 million), with strong growth in casino (63%), sport (36%), poker (48%) and bingo (10%)
- Adjusted EBITDA of $155.6 million (2019: $92.1 million), with the Adjusted EBITDA margin at 18.3% (2019: 16.4%)
- Adjusted profit before tax of $116.0 million (2019: $53.2 million); Profit before tax of $26.7 million (2019: $45.3 million)
- Adjusted basic earnings per share of 27.3c (2019: 13.5c), Basic earnings per share of 3.1c (2019: 11.3c)
- The Group continues to have a strong balance sheet, with cash and cash equivalents of $190 million (2019: $96.9 million)
