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Enlabs shares slump despite record Q4 revenue

30th January 2020 9:47 am GMT

Stockholm-listed gaming operator Enlabs has reported a 29 per cent increase in full year revenue to €39.6m in 2019, benefiting from another record performance during the final quarter of the year.

Revenue in Q4 rose 25 per cent year-on-year to €11.2m, with a 30 per cent improvement in gaming revenue to €10.4m offsetting declines in media and solutions revenue, which fell by 8 per cent and 14 per cent respectively to €0.5m and €0.3m.

Casino represented the [...]

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