Angler Gaming : Financial report for the period 1st of January to 30th of June 2022

Financial report for the period 1st of January to 30th of June 2022

Financial report for the period 1st of January to 30th of June 2022

Key Facts for the 2nd Quarter 2022 (1st April 2022 – 30th June 2022)

Challenging quarter, encouraging begin of Q3

All figures are in contrast to the identical quarter final 12 months if not explicitly acknowledged in any other case

Revenues decreased by 31.67% to €6,927,414 (€10,137,563)

Negative EBIT of -€626,662 (€1,923,368)

Negative EBIT margin of -9.05% (18.97%)

Customer deposits decreased by 34.74% to €15,202,758 (€23,297,001)

91,142 new registered prospects (58,078), improve of 56.93%.

14,344 new depositing prospects (17,982), lower of 20.23%.

Negative Earnings per share of -€0.0159 (€0.0249).

Premiergaming Ltd, the Group’s subsidiary specializing in Northern Europe, represented 16.5% of the Group’s revenues in Q2 2022.

Trading replace Q3 2022

The buying and selling replace is a sign how the third quarter has began, it’s not a income forecast for the quarter. Preliminary figures for July 2022:

Revenues €2,921,059

EBIT €614,743

EBIT margin 21%

The common day by day income for the first 39 days in Q3 2022 is 31% greater in contrast to the common day by day income in Q2 2022. The income for the first 39 days in Q3 2022 is 10% decrease in contrast to the first 39 days in Q3 2021.

Events throughout the Q2 quarter

The Group’s enchancment program, communicated in earlier stories, was totally carried out into the organisation and continues with full pressure. Compared to the earlier quarter (Q1 2022) in Q2 2022 the Group noticed an enchancment in the following two key efficiency indicators:

14,344 new depositing prospects in contrast to 13,185 in Q1, a rise of 8.8%. This KPI is an indicator of future revenues.

76,785 energetic prospects in contrast to 68,245 in Q1, a rise of 12.5%, This KPI is an indicator of re-activation of present prospects.

In June 2022 €6,373,725 was distributed to the shareholders by manner of dividend for the fiscal 12 months 2021, which corresponds to €0.085 per share.

During the quarter non-profitable affiliate partnerships have been terminated persevering with affecting the revenues in the quarter. In addition, greater buyer winnings than regular have been recorded in direction of the finish of the quarter.

Due to a decrease than initially projected monetary outcomes of Angler Gaming plc Group in H1 2022 and the ensuing decrease reserves of the Company, Angler Gaming plc, as communicated on 20 th June 2022, has taken a short-term mortgage facility of €1,000,000 so as to ease a cashflow stress.

Events after the quarter

The two B-to-B partnerships that have been signed throughout H1 2022 are anticipated to be launched and begin producing revenues in late Q3/early This fall 2022.

The Group’s enterprise in the area of online marketing for South American markets, the place the Group owns 80% and the native get together owns 20%, after beginning producing revenues from its on line casino buyer acquisition product in Q2, has launched into constructing its second product, this time for the acquisition of sportsbook buyer, to be launched earlier than the 2022 Soccer World Cup.

Key Facts for half-yearly 2022 (1st January 2022 – 30th June 2022)

All figures are in contrast to half-yearly 2021 if not explicitly acknowledged in any other case

Revenues decreased by 37.53% to €14,776,411 (€23,652,673).

Negative EBIT of -€209,423 (€5,702,425).

Negative EBIT margin of -1.42% (24.11%).

Customer deposits decreased by 35.4% to €32,439,683 (€50,215,045).

27.82% improve in new registered prospects to 165,893 (129,787).

27,529 new depositing prospects (47,795), lower of 42.40%.

Negative Earnings per share of -€0.0157 (€0.0696).

Disclaimer
Angler Gaming plc revealed this content material on 15 August 2022 and is solely accountable for the data contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 06:11:10 UTC.

Publicnow 2022

All information about ANGLER GAMING PLC

Sales 2022

37,0 M
37,7 M
37,7 M

Net earnings 2022

3,10 M
3,16 M
3,16 M

Net money 2022

5,00 M
5,09 M
5,09 M

P/E ratio 2022

Yield 2022
46,7%

Capitalization

32,1 M
32,7 M
32,7 M

EV / Sales 2022
0,73x

EV / Sales 2023
0,52x

Nbr of Employees
47

Free-Float
89,1%

Duration :
Auto.
2 months
3 months
6 months
9 months
1 12 months
2 years
5 years
10 years
Max.

Period :
Day
Week

Income Statement Evolution

SellBuy

Mean consensus
BUY

Number of Analysts
0

Last Close Price
0,43 €

Average goal value
0,56 €

Spread / Average Target
31,6%

https://www.marketscreener.com/quote/stock/ANGLER-GAMING-PLC-120969691/news/Angler-Gaming-Financial-report-for-the-period-1st-of-January-to-30th-of-June-2022-41325021/

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