mybet Holding SE reported consolidated earnings results for the first quarter 2016. The company ended the first quarter of 2016 with revenue of EUR 14.9 million and an operating loss of EUR 467,000. The net loss for the first quarter came to EUR 802,000, which again marks an improvement of EUR 76,000.

For the 2016 financial year, the company is currently targeting revenue growth of 8% to 12% and a positive EBIT in the low seven-digit range.