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Cherry sees H1 loss widen despite strong revenue growth

25th August 2015 8:18 am GMT

Despite posting strong revenue growth during the period, Stockholm-listed gaming operator Cherry has reported a net loss of SEK18.6m for the first half of 2015, with earnings weighed down by its growing iGaming business.

First half revenue rose 35 per cent year-on-year to SEK202.0m, with online gaming accounting for 63 per cent of the total, up from a 54 per cent share a year ago.

Q2 and H1 Revenue Comparison (SEK'm)

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