The acquisition of Akamon Entertainment has contributed to strong growth for Toronto-listed Imperus Technologies, with the social casino operator expecting revenue to rise to CAD$8.3m in the final quarter of 2015.
The operator’s revenue is projected to grow 41 per cent quarter-on-quarter, with adjusted EBITDA set to grow to $2.7m for the period.
Following its $23.9m acquisition of the studio last year, Akamon’s results were consolidated into Imperus’ earnings from November 16th 2015. Had the business been fully [...]
