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Kambi

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/

Financial results and presentations

Annual general meeting