Kambi Group has reported revenue of €21m for the first quarter of 2019, an increase of 28 per cent.
Operating profit for the quarter was €2.6m, with a margin of 12.4 per cent. Profit after tax amounted to €2m. Earnings per share for the first quarter were €0.066.
During the period Kambi signed two new customers: Mohegan Gaming and Entertainment in Connecticut, US, and Rhinoceros Operations (mybet) in Germany. The company also launched three on-property sportsbooks in Pennsylvania with Greenwood Gaming and established an early market leadership position.
“Following a hugely successful 2018, I’m pleased to report 2019 kicked off in similarly positive fashion for Kambi,” said CEO Kristian Nylén. “Building on our tremendous achievements last year, we continue to reach new heights with Q1 2019 one of our best quarters yet.”