Swedish giants casino games providers NetEnt, has published their latest quarterly financials for 2017 and figures look promising for this year.
NetEnt is reported to have signed an additional 15 new customers and this year so far with an other 6 news casinos being launched with the NetEnt as their main provider.
In a press realease issued by NetEnt, CEO and President Per Eriksson sad "We continued to deliver on our growth strategy in the first quarter and revenues increased in line with our earlier comments about the quarter. For the first time, NetEnt’s games were launched on the regulated market in Mexico and the Company announced that the first game for Virtual Reality (VR) will be developed in 2017."
He continued by giving an overview of what to further expect in 2017 by saying "For the rest of 2017, we see conditions for continued solid growth supported by new games, increasing market shares in the UK, mobile growth, many new customers to be launched and our ongoing expansion in North America."
Some of the key aspects of their first 2017 quarter are mainly:
- an increase in revenue of 15.2% to SEK 398 million
- operating profit increase of 6.3% amounting to SEK 136 Million
- Profit after tax increase of 1.8% to SEK 124 Million
- Earnings per share amounted to SEK 0.52 (0.51) before and after dilution
Good work NetEnt! ... and keep those nice looking games coming!