Hits Peak Performance With Strong Q3 Trading

Reporting high traffic and new depositing customers (NDC), Group Plc reports a 56% rise in year – to-date sales to € 11.3 million (YTD2018: € 7.2 million), releasing the current financial report for the third quarter of 2019.

Updating the market, reports that its network has significantly improved its organic exposure, adapting this August 2019 for Google’s new search engine update. increased Q3 2019 NDC’s by 70 percent to 18,000 by a balanced mix of solid organic growth and acquired asset quality (Q3 2018: 10,500).

Maintaining its growth momentum, reports YTD investment of € 8.3 million (YTD2018: € 5.2 million), mainly related to the’ scaling up’ of its activities and the expansion of product development and editorial for its US property. governance declared an EBITDA period of € 1.4 million to be 65 percent higher than the corresponding € 850,000 in 2018. reports that YTD’s net contribution amounts to € 3.7 million (YTD2018: € 2.2 million), with governance positive to meet its full-year objectives.

“The Group has continued to rapidly scale its product and technology teams as planned, having increased headcount during the third quarter by 36% enabling an increased pace of product development, with the Group ended the quarter with 72 full-time employees.” – detailed Charles Gillespie Chief Executive on Q3 2019 trading.

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.