Mr. Green Reports Revenue Results for the Period from 1 April to 22 May 2018; Provides Operating Guidance for Fiscal 2018, 2019 and 2020
The company expected revenue growth of at least 40% for 2018 with an EBITDA margin of about 15%. According to MRG's new financial targets, the Group is expected to achieve annual growth of 25% by 2020. Thereafter, MRG is expecting annual organic growth above the European iGaming market. The EBITDA margin is expected to be 15% 2020 and going forward. Previous financial targets said that an annual growth of 20% for 2018-2019 with an EBITDA margin of 20% by 2019 was expected. After 2019, growth above the online gaming market with an EBITDA margin of 15% was expected, under the assumption of 100% regulated markets.