THIRD QUARTER REPORT 2023
Third quarter: July - September 2023
- Revenues from the gaming operation amounted to mSEK 6.3 (6.6), corresponding to a decrease of 5 percent.
- B2B revenues amounted to mSEK 5.4 (4.7), an increase of 15 percent.
- B2C revenues amounted to mSEK 1.0 (1.9), a decrease of 47 percent.
- EBITDA amounted to mSEK -5.9 (-10.2).
- Net result amounted to mSEK -5.8 (-14.3).
- Earnings per share amounted to SEK -0.03 (-0.77).
Interim period: January - September 2023
- Revenues from the gaming operation amounted to mSEK 22.3 (17.6), corresponding to an increase of 27 percent.
- B2B revenues amounted to mSEK 18.0 (8.9), an increase of 102 percent.
- B2C revenues amounted to mSEK 4.4 (8.6), a decrease of 49 percent.
- EBITDA amounted to mSEK -21.8 (-57.2), an improvement of 58 percent.
- Net result amounted to mSEK -36.1 (-60.2), 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 -0.16 (-2.86).
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 Lviv, Ukraine. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Corpura Fondkommission AB.