bet-at-home.com AG : Continued success in the 1st quarter of 2012
05/07/2012| 05:30am US/Eastern
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bet-at-home.com AG:
Continued success in the 1st quarter of 2012
Company figures for the first quarter of 2012 (1.1. to
31.3.2012):
• Gross gaming revenue (Hold) increased by 15.4% to EUR
21.11 million
(Q1 2011: EUR 18.29 million)
• Net gaming revenue (Hold minus Betting / Gaming Tax)
rose by 15.9% to EUR 18.85 million (Q1 2011: EUR 16.26
million)
• Group result before taxes is EUR 2.10 million despite
considerable intensification of marketing activities in view
of the forthcoming European Football Championships (Q1 2011:
EUR 3.90 million)
Betting and gaming turnover also increased significantly by
23.5% to EUR 527.68 million in the 1st quarter
of 2012 (1st quarter of 2011: EUR 427.19
million).
Gross gaming revenue (Hold), as the most important key figure
in the eGaming market, increased from EUR 18.29 million in
the 1st quarter of 2011 to EUR 21.11 million in
the 1st quarter of 2012 (+15.4%).
Net gaming revenue (Hold minus Betting / Gaming Tax) improved
considerably in the 1st quarter of 2012, rising
by +15.9% to EUR 18.85 million (1st quarter of
2011: EUR 16.26 million). Betting and gaming tax amounted to
EUR 2.27 million for the 1st quarter of 2012
(Q1
2011: EUR 2.02 million).
Advertising expenses amounted to EUR 11.09 million in the
1st quarter of 2012 (1st quarter
of
2011: EUR 7.96 million). This increase of 39.3% has led to a
considerable rise in our cus- tomer base and guarantees
continuing successful growth of the bet-at-home.com Group in
the future, particularly with regard to the forthcoming
European Football Championships.
Continuous and intensive acquisition of new customers
combined with the reactivation of existing customers has
contributed to consolidating the bet-at-home.com brand. In
the meantime we now have notably more than 2.8 million
registered customers.
The Group EBITDA for the 1st quarter of 2012 is
EUR 1.94 million (Q1 2011: EUR 3.84 million).
bet-at-home.com AG |
Kronprinzenstraße 82-84 | 40217 Düsseldorf | GERMANY |
www.bet-at-home.ag
The Group financial result for the 1st quarter
of 2012 is EUR 0.31 million (1st quarter of
2011: EUR 0.19 million).
Cash, cash equivalents and marketable securities amounted to
EUR 26.70 million as at
2012/03/31 (2011/03/31: EUR 26.55 million), whereby
corresponding reference is also made to current receivables
in connection with a short-term loan of EUR 15 million
granted to the main shareholder in the first quarter of 2012.
The Group result before taxes for the first quarter of 2012
is EUR 2.10 million (Q1 2011: EUR
3.90 million).
The Group annual net income for the 1st quarter
of 2012 is EUR 1.43 million (Group annual net income for the
1st quarter of 2011: EUR 2.51 million).
The Group equity as at 2012/03/31 is EUR 34.02 million
(2011/12/31: EUR 32.59 million). The Group equity ratio as at
2012/03/31 remains virtually unchanged from 2011/12/31 with
61.57% (2011/12/31: 62.12%).
About bet-at-home.com
bet-at-home.com AG is part of the 'Betclic Everest
Group', a prominent French enterprise in online gaming
and sports betting. Through wholly owned subsidiaries the
company holds online gambling licenses issued in Malta and
Khanawake. With currently over 2.8 Mio. registered users from
all European countries and listed on the Frank- furt and
Vienna stock exchange, the renowned company is one of the
most popular betting providers in Europe. bet-at-home.com AG
has holdings in Germany, Austria and Malta.
Contact :
bet-at-home.com AG Ing. Jochen Dickinger Kronprinzenstraße
82-84
D-40217 Düsseldorf
e-mail:
ir@bet-at-home.com web: www.bet-at-home.ag
bet-at-home.com AG |
Kronprinzenstraße 82-84 | 40217 Düsseldorf | GERMANY |
www.bet-at-home.ag
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