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Nektan eyes new funding despite strong revenue growth

3rd January 2017 9:26 am GMT

London-listed mobile gaming specialist Nektan has reported strong revenue growth for the three-month period ended September 30th, with revenue up 295 per cent for the period.

Revenue for the three months ended September 30th (Q1-FY17) climbed 295 per cent to £2.1m from £0.5m a year ago, driven by a 115 per cent increase in first-time depositors and a 328 per cent increase in amounts wagered to £65.9m.

The period also saw Nektan raise £1.95m in cash through the disposal [...]

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