Despite recording a 36 per cent increase in revenue during the year, Sweden’s Mr Green & Co has posted a net loss of SEK28.0m for 2014, with results negatively impacted by a SEK108m provision relating to its ongoing tax dispute in Austria.
Revenue rose by 28 per cent in the final quarter of the year to SEK174.8m, with the company’s mobile channel now representing nearly 30 per cent of the total (SEK51.7m). Active customers were up 22 per cent quarter-on-quarter to 80,655.
“The basis for our rapid growth is that we offer our players an attractive, secure and safe gaming experience,” said Mr Green’s departing CEO Mikael Pawlo, who will be replaced by Per Norman in April. “That is why they come back to Mr Green.”
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