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NYX reports rise in revenue but acquisition costs drive up loss

17th April 2015 8:29 am GMT

Toronto-listed gaming supplier NYX Gaming Group has reported a 46 per cent increase in full-year revenue for 2014, though an increase in acquisition, restructuring and public listing expenses saw the company’s net loss rise sharply.

In NYX’s first quarterly results as a listed business revenue for the year rose from CAD$18.7m in 2013 to $27.3m, attributed largely to growth in new customers, as well as the introduction of new content and additional [...]

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