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Cherry posts net loss in 2014 despite strong revenue growth

18th February 2015 9:03 am GMT

Swedish gaming operator Cherry has reported a 28 per cent increase in revenue to SEK340.0m for the full 2014 year, following a record performance across all its business areas during the final quarter of last year.

Revenue rose 33 per cent to SEK100.2m in Q4, with online gaming revenue climbing 60 per cent to SEK56.8m during the period. The business now represents approximately 57 per cent of the company’s total revenue.

Q4 and Full Year [...]

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