Second quarter report 2023
Second quarter: April - June 2023
- Revenues from the gaming operation amounted to mSEK 9.5 (4.2), corresponding to an increase of 126 percent.
- B2B revenues amounted to mSEK 8.2 (1.8), an increase of 355 percent.
- B2C revenues amounted to mSEK 1.3 (2.4), a decrease of 46 percent.
- EBITDA amounted to mSEK -6.0 (-23.4), an improvement of 74 percent.
- Net result amounted to mSEK -37.3 (-24.1), this includes a non-cash flow cost of mSEK 42.2 relating to the divestment of the Norwegian subsidiary and a positive currency effect of mSEK 10.3.
- Earnings per share amounted to SEK -0.13 (-1.07).
Interim period: January - June 2023
- Revenues from the gaming operation amounted to mSEK 16.0 (10.9), corresponding to an increase of 47 percent.
- B2B revenues amounted to mSEK 12.6 (4.2), an increase of 200 percent.
- B2C revenues amounted to mSEK 3.4 (6.7), a decrease of 49 percent.
- EBITDA amounted to mSEK -15.9 (-47.1), an improvement of 66 percent.
- Net result amounted to mSEK -30.3 (-45.2), this includes a non-cash flow cost of mSEK 42.2 relating to the divestment of the Norwegian subsidiary and a positive currency effect of mSEK 27.7.
- Earnings per share amounted to SEK -0.03 (-2.1).
Events after the quarter
New supplier agreement with the Bulgarian operator Sesame.
The report is published on Scout Gaming Groups website: https://www.scoutgaminggroup.com/investor-relations/financial-reports
For additional information, please contact:
Niklas Jönsson, CEO
Phone: +46 725 494 173
E-mail: [email protected]
Andreas Olsen, CFO
Phone: +47 970 75 255
E-mail: [email protected]
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.
This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on August 18, 2023.
