The company recorded net revenue of £12.3 million (€15 million/$20.7 million) in 2013, an increase of 123% on the £5.5 million achieved in the previous year.
Clean EBITDA also jumped from £300,000 in the previous year to £4.1 million in 2013, an increase of £3.8 million.
GameAccount Network also reported that profit before tax grew from a loss of £1 million in 2012 to a positive result of £1.6 million in 2013.
The company also saw earnings per share rise from £0.01 in the previous year to £0.04 in 2013.
Dermot Smurfit, chief executive officer of GameAccount Network, said: “It [2013] was a transformational year for GameAccount Network.
“We have made real progress in delivering on our strategic initiative to develop sustainable higher margin revenue streams while positioning the group for growth in regulating markets.
“We continue to invest significantly in recruitment to support increased product development and sales and marketing services capability in both the European and United States regulated markets.
“During 2013 the group invested heavily in product development resulting in enhanced mobile and reporting capability.”
source : www.igamingbusiness.com
