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Another great interim report from Net Entertainment. They do very well. New products, new markets and continued growth
Net Entertainment’s Series B shares is traded on the NASDAQ OMX Stockholm, Mid Cap. Trend over the last 6 months. I also added "Software" and "Information technology" sectors as comparison
Key figures
Revenues for the first six months increased by 10.2 % to SEK 195.1 (177.1) million
Operating profit amounted to SEK 53.5 (68.6) million
Operating margin was 27.4 (38.7) %
Profit after tax amounted to SEK 48.0 (61.4) million
Earnings per share amounted to SEK 1.21 (1.55) before and after dilution
Two new license agreements were signed, and four new customers’ casinos were launched
SUMMARY OF THE FIRST SIX MONTHS
Revenues during the period January-June amounted to SEK 195.1 (177.1) million, an increase of 10.2 percent compared to the same period 2010. Operating profit amounted to SEK 53.5 (68.6) million and the operating margin was 27.4 (38.7) percent.
The Group's expenditure for capitalized development projects as intangible assets amounted to SEK 37.8 (29.2) million for the first six months. Investments in property, plant, and equipment amounted to SEK 7.2 (9.5) million.
The Group’s cash flow from operating activities for the first six months amounted to SEK 79.3 (84.3) million. Cash flow from investing activities amounted to SEK -76.6 (-79.1) million.
Another great interim report from Net Entertainment. They do very well. New products, new markets and continued growth
Net Entertainment’s Series B shares is traded on the NASDAQ OMX Stockholm, Mid Cap. Trend over the last 6 months. I also added "Software" and "Information technology" sectors as comparison
Key figures
Revenues for the first six months increased by 10.2 % to SEK 195.1 (177.1) million
Operating profit amounted to SEK 53.5 (68.6) million
Operating margin was 27.4 (38.7) %
Profit after tax amounted to SEK 48.0 (61.4) million
Earnings per share amounted to SEK 1.21 (1.55) before and after dilution
Two new license agreements were signed, and four new customers’ casinos were launched
SUMMARY OF THE FIRST SIX MONTHS
Revenues during the period January-June amounted to SEK 195.1 (177.1) million, an increase of 10.2 percent compared to the same period 2010. Operating profit amounted to SEK 53.5 (68.6) million and the operating margin was 27.4 (38.7) percent.
The Group's expenditure for capitalized development projects as intangible assets amounted to SEK 37.8 (29.2) million for the first six months. Investments in property, plant, and equipment amounted to SEK 7.2 (9.5) million.
The Group’s cash flow from operating activities for the first six months amounted to SEK 79.3 (84.3) million. Cash flow from investing activities amounted to SEK -76.6 (-79.1) million.