Gaming Innovation Group has seen an increase in revenues in its financial report for Q1 2021.
The company has reported Q1 2021 revenues of €18.3m, up 64 per cent, and an EBITDA of €4.6m, up 674 per cent. Normalised revenues were €15.4m, an increase of 44 per cent, while normalised revenues for Platform Services were €5.2m, an increase of 19 per cent.
In terms of operational highlights, GiG signed two new Platform Services agreements in the first quarter, as well as completing development for five new brands.
"The first quarter of 2021 is a strong start to the year and another positive step forward for Gaming Innovation Group, with strong results driven from the work and strategic initiatives pushed through in the last 12 months," said Richard Brown, CEO of GiG. "We are happy with the overall progress, and look forward to continuing to grow towards our long term objectives."
