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32Red lauds record annual profit as growth continues into 2017

9th March 2017 9:32 am GMT

London-listed online gaming operator 32Red has posted a 554 per cent increase in annual net profit to £6.3m following a record revenue performance in 2016.

The company delivered record net gaming revenue (NGR) of £62.3m during the year, an increase of 28 per cent year-on-year, following continued growth across its core 32Red business and a full year’s contribution from Roxy Palace.

32Red’s performance resulted in EBITDA more than doubling to £10.6m, and net profit soaring 554 per [...]

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