Brief: Media And Games Invest Q3 Adj. EBITDA At EUR 6.4 Mln

Mgi Media and Games Invest Se

30/11/2020 07:05

Nov 30 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * MEDIA AND GAMES INVEST; STRONG NINE-MONTH FIGURES ALREADY
EXCEED
THE FULL YEAR 2019 - ADJUSTED EBIT GROWS BY 150%
    * Q3 NET REVENUES AMOUNTED TO 35.0 MEUR (Q3 2019: 27.1
MEUR), AN
INCREASE OF 29% COMPARED TO Q3 2019
    * Q3 ADJUSTED EBITDA AMOUNTED TO 6.4 MEUR (Q3 2019: 4.0
MEUR),
WHICH IS AN INCREASE OF 61%
    * CASH AND CASH EQUIVALENTS ADJUSTED FOR CAPITAL INCREASE
AMOUNTED
TO 37.9 MEUR AS PER 30 SEPTEMBER 2020 (15.5 MEUR AS PER 30 JUNE
2020)
    * EXPECTS FULL YEAR 2020 CONSOLIDATED REVENUES IN RANGE OF
EUR 125
TO 135 MILLION AND AN REPORTED EBITDA OF EUR 23 TO 26 MILLION

Source text for Eikon:  ID:nEQ7QFFCca 
Further company coverage:  M8G.DE 

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