Kindred Group plc – Year-end report: January – December 2022 (unaudited)
Immediate actions being taken to improve profitability following weaker than expected performance in the quarterFourth quarter 2022 · Total revenue, from both B2B and B2C operations, was GBP 305.5 (244.9) million. · Gross winnings revenue (B2C) increased by 23 per cent to GBP 295.1 (240.5) million. Excluding the Netherlands, it increased by 1 per cent. · Underlying EBITDA increased by 42 per cent to GBP 39.1 (27.6) million. · Profit before tax was GBP 51.9 (78.8) million, impacted positively by the reassessment of the fair value of the Relax Gaming contingent consideration of