Kambi Group plc Q4 Report 2014
Q4 Report 2014 (unaudited)
Summary
Revenue amounted to €9.3 (6.1) million for the fourth quarter of 2014, an increase of 52%, and €36.0 (21.1) million for the full year 2014, an increase of 70%
Operating profit (EBIT) for the fourth quarter of 2014 was €0.6 (-9.3) million, with a margin of 6% (-152%), and €2.2 (-19.9) million for the full year 2014, with a margin of 6% (-94%)
Profit after Tax amounted to €0.2 (-8.6) million for the fourth quarter of 2014 and €1.0 (-18.7) million for the full year 2014
Earnings per share for the fourth quarter of 2014 were €0.008 (-0.430) and €0.037 (-0.937) for the full year 2014
Cash flow from operating and investing activities (excluding working capital) amounted to €0.7 (-0.8) million for the fourth quarter of 2014 and €2.8 (-6.3) million for the full year 2014
Significant events during Q4
Napoleon Games extended its contract with Kambi
Kambi ratified as Associate Member of CIBELAE, the Latin American Corporation of State Lottery and Betting
“The fourth quarter showed further evidence of the success of our business model. Kambi was profitable and cash flow positive, despite challenging results in some sporting events, which led to a slightly lower than average margin, of 7%, generated for our operators. This illustrates the solid base for the company’s future. The new year has started on a positive note and the continuous efforts to build our pipeline of targets give us reassurance for future growth potential”, says Kristian Nylén, CEO of Kambi.
You are invited to participate in a report presentation today at 10:45 CET held by CEO Kristian Nylén and CFO David Kenyon. The presentation will be held in English via a telephone conference and can also be accessed via an audiocast using the link below, registration needed. (Please note that the audiocast is not supported by the Safari web browser). Questions can be asked on the telephone conference or sent via the audiocast link.
Numbers for participation in the telephone conference:
SE: +46 856642691 UK: +44 44 2034281409 US: + 18557532236 ES: +34 911 140 089 Pin: 197079#
Link to the audiocast: http://media.fronto.com/cloud/kambi/150211/
About Kambi
Kambi Group plc is a B2B supplier of fully managed sports betting services on an in-house developed software platform, providing premium turnkey sports betting solutions to B2C operators. Kambi’s solution encompasses a broad offering from front end through to odds compiling and risk management. Kambi employs approximately 360 staff across offices in Malta, London, Stockholm and Manila. The company’s current coverage includes more than 110,000 live betting events and 250,000 pre-match events per year covering 65 different sports from all over the world. Kambi’s customers include Unibet, 888, Paf, 32Red and Napoleon Games. Kambi utilizes a best of breed security approach, with guiding principles from ISO 27001. Kambi Sports Solutions is an eCOGRA certified. Kambi Group plc is listed on NASDAQ OMX First North Stockholm under the symbol "KAMBI". Kambi's Certified Advisor on First North at Nasdaq Stockholm is Redeye AB.
Disclaimer:
The information in this report/press release is such that Kami Group Plc is required to disclose under the Swedish Securities Market Act. The information was disclosed on [date and time].