Brief: Pferdewetten De AG FY Group EBIT Turns To Loss Of EUR 0.588 Million

pferdewetten de AG

30/03/2022 07:00

March 30 (Reuters) - pferdewetten.de AG  EMHn.DE :
    * FY GROUP EBIT TURNS TO LOSS OF EUR 0.588 MILLION
    * FY LIQUID ASSETS DOWN AT EUR 13.8 MILLION
    * AT PRESENT, THE COMPANY IS WAITING FOR THE SPORTS BETTING
LICENSE TO BE EXTENDED SO THAT IT CAN THEN SWIFTLY  TO BE
ALLOWED TO OPEN THE FIRST "SPORTWETTEN.DE" STORES
    * COSTS OF BUILDING UP THE RETAIL BUSINESS AND THE SWITCH TO
THE
NEW ONLINE PRODUCT WILL CONTINUE TO IMPACT THE COMPANY'S EBIT IN
2022 AS PLANNED
    * FOR 2022, EXPECTS GROSS GAMING REVENUE (GGR) BETWEEN EUR
50
MILLION AND EUR 65 MILLION, EBIT OF BETWEEN MINUS EUR 2.5
MILLION AND EUR MINUS 3.5 MILLION

Further company coverage:  EMHn.DE 

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