Revenue in the 1H18 is in line with management expectations, with revenues from marketing activities in online financial trading ahead of expectations. Bet90 continues to achieve good growth and the Board is looking to accelerate investment in marketing Bet90, including the rollout into the South American market. The result is increased costs in the 1H18 where EBITDA is expected to be marginally below budget in the 1H18. Cash as at the end of June 2018 was €1m.
26 Jul 2018
Trading Update – positive news on dated receivable
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Trading Update – positive news on dated receivable
B90 Holdings plc (B90:LON) | 3.1 0 0.0% | Mkt Cap: 13.6m
- Published:
26 Jul 2018 -
Author:
Michael Campbell -
Pages:
3
Revenue in the 1H18 is in line with management expectations, with revenues from marketing activities in online financial trading ahead of expectations. Bet90 continues to achieve good growth and the Board is looking to accelerate investment in marketing Bet90, including the rollout into the South American market. The result is increased costs in the 1H18 where EBITDA is expected to be marginally below budget in the 1H18. Cash as at the end of June 2018 was €1m.