"The quarter began with very low activity as most sports and leagues globally had breaks related to the ongoing COVID-19 pandemic. However, we quickly managed to complete our esport offering and launch parts of it in mid-April. In mid-May, the German Bundesliga games resumed and from that moment on we experienced a rapid recovery which in June resulted in record activity. We have had an accelerating underlying growth throughout the second half of the quarter and are pleased that we were able to demonstrate this so quickly after the restart of European sports.
Activity in July and the first half of August continues to be high and we see very good opportunities for strong future growth."
Extract from CEO
Second quarter: April -
· Revenues increased to SEKm 6.3 (4.0), corresponding to a growth of 58% compared to same quarter last year
· EBITDA improved to SEKm -10.0 (-12.1)
· Net result was SEKm -17.5 (-13.3)
· Earnings per share amounted to
· Operator trading index (which illustrates the underlying client activity) increased to 1074 (687), a growth of 56%.
·
·
Interim period: January-June
· Revenues amounted to SEKm 14.9 (7.6).
· EBITDA amounted to SEKm -21.8 (-26.7)
· Net result amounted to SEKm -27.3 (-29.4)
· Earnings per share amounted to
Events after the period ended
·
· For the third consecutive year,
·
· The company widened and extended the current agreement with Kaizen Gaming (Stoiximan and Betano).
·
The full report is attached and available on:
https://www.scoutgaminggroup.com/investor-relations/financial-reports
For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com
Billy Degerfeldt, CFO & Investor Relations
Tel: +46 758 16 68
E-mail: billy.degerfeldt@scoutgaminggroup.com
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This information is information that
https://news.cision.com/scout-gaming-group/r/scout-gaming-publishes-q2-2020--revenues-increased-58--to-sekm-6-3,c3175920
https://mb.cision.com/Main/16540/3175920/1294205.pdf
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