Mobile Revenue Drives Unibet Growth

Online gaming operator Unibet has posted a 28% year-on-year increase in gross winnings revenue for the third quarter of 2013, a rise that it has put down to the growth of its mobile business.

Total gross winnings revenue for the latest quarter amounted to £56.1 million (€65.6 million/$89.8 million), up from the £43.8 million achieved in the same period last year.

Mobile revenue accounted for 23% of the total revenue figure, a significant increase on the 8% it contributed during the third quarter of 2012.

In addition, profit from operations increased from £4.5 million in Q3 of 2012 to £9.2 million in the latest quarter.

Earnings before interest, tax, depreciation and amortisation also grew to £9.2 million, a significant rise on the £4 million recorded in the corresponding quarter last year.

The latest figures place total gross winnings revenue for the first nine months of 2013 at £169.5 million, up from £140.3 million in the same period last year.

Profit is also up from £22.6 million to £29 million, while EBITDA for the first nine months of this year has also grown to £27.9 million from the £22.1 million achieved in the same period in 2012.

bitcoin
Bitcoin (BTC) $ 48,562.00 2.00%
ethereum
Ethereum (ETH) $ 1,556.95 0.48%
cardano
Cardano (ADA) $ 1.24 2.95%
binance-coin
Binance Coin (BNB) $ 247.33 4.24%
polkadot
Polkadot (DOT) $ 36.93 3.46%
tether
Tether (USDT) $ 1.00 0.24%
xrp
XRP (XRP) $ 0.441325 0.43%
chainlink
Chainlink (LINK) $ 29.11 6.83%
litecoin
Litecoin (LTC) $ 178.62 1.66%
bitcoin-cash
Bitcoin Cash (BCH) $ 528.69 6.06%
S&P 500  ^GSPC 
$3,883.81  $18.01  (-0.46%)
Dow Jones Industrial Average  ^DJI 
$31,486.62  $48.89  (-0.16%)
NASDAQ Composite  ^IXIC 
$13,478.20  $110.63  (-0.81%)
Russell 2000  ^RUT 
$2,247.13  $28.19  (-1.24%)
Crude Oil Apr 21  F*CL.NYM 
$60.68  $0.0400  (0.07%)
   
$0.0000  $0.0000  (0.00%)