Strong finish to the year
Q4,October – December
- Net sales amounted to SEK 86.6 (108.7) million, a decline of 20.3%. Disregarding the currency effect and closure of Cardroom2, the decline was 9.1%.
- EBITDA was SEK 15.2 (15.0) million, an increase of 1.3%.
- Operating profit amounted to SEK 11.6 (12.0) million. The weak euro had a negative impact of SEK –3.1 million.
- Profit after tax attributable to equity holders of the parent was SEK 12.0 (12.4) million. Earnings per share was SEK 1.16 (1.20).
- Cash flow from operations before changes in working capital was SEK 15.0 (16.1) million.
Full year, 2010
- Net sales amounted to SEK 340.8 (435.4) million, a decline of 21.7%. Disregarding the currency effect and closure of Cardroom2, the decline was 6.7%.
- EBITD A was SEK 34.0 (64.2) million, a decline of 47.0%.
- Operating profit amounted to SEK 20.2 (52.0) million. The weak euro had a negative impact of SEK –10.4 million.
- Profit after tax attributable to equity holders of the parent was SEK 20.9 (73.0) million. Earnings per share was SEK 2.02 (7.04).
- Cash flow from operations before changes in working capital was SEK 35.0 (61.7) million.
- Entraction has signed new agreements with Betsson, Victor Chandler, Sportingbet and more.
- Entraction's poker network is now the world's 3rd largest open poker network.
