Brief: Gaming Innovation Group Sells B2C Vertical

Gentoo Media

14/02/2020 06:07

Feb 14 (Reuters) - Gaming Innovation Group Inc  GAMIG.OL :
    * GAMING INNOVATION GROUP: 2019 FINANCIAL UPDATE
    * ANNOUNCES TODAY DIVESTMENT OF ITS B2C VERTICAL
    * DECIDED TO RELEASE ITS GROUP REVENUE AND EBITDA NUMBERS
FOR FULL
YEAR AND Q4 2019
    * GIG'S FULL YEAR 2019 REVENUES WERE EUR123.0 MILLION
(EUR29.4M IN
Q4 2019) WITH AN EBITDA 2019 OF EUR14.1 MILLION (EUR4.8M Q4
2019), ASSUMING B2C AS CONTINUED OPERATIONS
    * ISOLATED B2C FULL YEAR 2019 REVENUES WERE EUR 79.0 MILLION
(EUR
19.0M IN Q4 2019) WITH A FULL YEAR 2019 EBITDA OF EUR 8.1
MILLION (EUR 4.1M IN Q4 2019)

Source text for Eikon:  ID:nObiBfqhra 
Further company coverage:  GAMIG.OL 

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