SCOUT GAMING publish Year-end Report 2021
Fourth quarter: October - December 2021
· Revenues amounted to SEK 17.1 million (16.9), an increase of 1% compared to corresponding period.
· EBITDA amounted to SEK -30.9 million (-5.8).
· One-off expenses affecting the quarter relating to previous quarter during the year, amounts to SEK 18.0 million, see page 5, Expenses.
· Net result amounted to SEK -34.7 million (-13.9)
· Earnings per share amounted to SEK -1.5 (-0.7).
· The Board of Directors has initiated a review of the Group's cost structure and its effects will be published when the work is completed.
Full year 2021
· Revenues amounted to SEK 56.6 million (46.9), an increase of 21%.
· EBITDA amounted to SEK -65.4 million (-39.2)
· Net result amounted to SEK -72.9 million (-54.6)
· Earnings per share amounted to SEK -3.2 (-3.1)
· The Board of Directors proposes that no dividend will be paid for the financial year 2021.
For additional information, please contact:
Andreas Ternström, CEO
Phone: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com
Niklas Jönsson, CFO
Phone: +46 725 494 173
E-mail: niklas.jonsson@scoutgaminggroup.com
About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports, Sportsbook, Fantasy betting and other sports betting products. The company offers a flexible and customizable network-based platform with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.