Continued strong growth and solid cash holdings
JANUARY - MARCH
-Net turnover amounted to SEK 121.1 M (79.5), an increase of 52.2% .
-Earnings before interest, taxes, depreciation and amortisation (EBITDA)
amounted to SEK 19.1 M (11.2), an increase of 70.5%.
-Operating profit amounted to SEK 15.5 M (7.7), an increase of 101.3%.
-Earning after tax referable to the parent company's shareholders amounted to
SEK 16.5 M (6.6), corresponding to SEK 0.03 (0.01) per share.
-The cash flow from operating activities amounted to SEK 34.2 M (-1.9).
-Operations in Casagaming Ltd. were sold to iGame Ltd. in April. Entraction is
thereby a fully focused supplier of products and services for Internet gaming.
For further information, please contact:
Peter Åström, CEO, +46 (0)8-564 884 60
Britt -Marie Boije, CFO, +46 (0)8-564 884 60
Pia Rosin, Communications Director, +46 (0)70-753 22 46
About Entraction
Entraction is an international group in the digital gaming industry.
Entraction Holding works with overall issues concerning strategy and business
development, as well as financing and the supply of competence for the group.
The company assesses on an ongoing basis business opportunities that can
reinforce and develop the group's supplier operations.
Entraction Solutions offers complete systems for Internet gaming and runs one
of the largest poker networks in the world. The company offers its partners
software for poker, betting, casino and bingo, and ancilliary services such as
web design, gaming licences, operations, payment solutions, promotion tools and
24-hour support for end customers. The poker network is run by subsidiaries in
Malta, which are licenced to market and carry out their own gaming operations,
and to deliver gaming services for partners in the poker network.
Entraction Holding AB is listed on the First North Premier and has
approximately 7,800 shareholders. The company's Certified Advisor is Remium AB.
Learn more at www.entraction.com.
Q1 2009 Interim Report
