For info - Here's a few financial highlights from this years final results and some fundamentals... Looks like we missed the spike prior to the excellent news, but I'm getting in on this one for the long term! I love the Reuters rating of "Very Risky" too, due to the industry! Right up my street
Please always do your own research before investing in anything!
- Gaming revenues up 67% to #9.77m (2004: #5.87m)
- Casino revenues up 57% to #8.94m (2004: #5.68m)
- Poker revenues up 339% against the prior year to #0.83m
* Profit before interest and tax* up 82% to #2.04m (2004: #1.12m)
* Basic earnings per share up 16% to 2.76 pence (2004: 2.38 pence)
Key performance indicators
* Total active players increased by 102% to 17,587
* Total new players recruited rose by 91% to 14,451
* Annual yield per casino player of #843 (2004: #826)
* Cost per acquisition of real money players of #147 (2004: #174)
Operational highlights
* Japanese language 32Red casino launched
* Investment in new data centre
*
Voted Best Casino 2005 by Casinomeister for third consecutive year
* before charging IPO and share option costs
Commenting on the results, Ed Ware, CEO said:
"32Red has a strong UK focused brand that continues to attract new players and deliver growth for shareholders. The Company had an excellent 2005 and the current year has begun well on all fronts. 32Red is a highly scaleable business with the capacity to grow organically and via acquisition. Being a listed company brings many benefits and we intend to make full use of our PLC status in the coming months."
FTSE Constituent AIM Firm Quotes
Epic TTR.L
Market Sector travel & leisure
Shares in issue (m) 47.3355
Market Cap (GBP m) 79.76
PE Ratio 60.18
EPS 2.8
Dividend Yield 1.83
Dividend Cover .91