Press release from Companies

Published: 2019-10-11 08:32:31

Angler Gaming plc: ANGLER GAMING PLC: REVERSE PROFIT WARNING FOR Q3 2019 DUE TO A SIGNIFICANT INCREASE AND ALL-TIME-HIGH IN REVENUE AND PROFIT. EARLIER RELEASE DATE FOR THE Q3 REPORT.

Due to a significant increase and all-time-high in several key performance indicators for the third quarter of 2019 comparing to the same period in 2018, Angler Gaming plc is issuing this reverse profit warning.

Angler Gaming plc’s revenues for the third quarter of 2019 were EUR 7,636,436, which is 102% higher compared to the same period of 2018 (EUR 3,776,644).

Angler Gaming plc’s EBIT for the third quarter of 2019 stood at EUR 2,420,802, which is 130% higher compared to the same period of 2018 (EUR 1,051,254).

The Company’s EBIT margin in Q3 2019 was 31.7%.

Angler Gaming plc’s Earning per Share for the third quarter of 2019 was EUR 0.0302, which is 122% higher compared to the same period of 2018 (EUR 0.0136).

The number of Active Customers in the third quarter of 2019 were 44,647, which is 124% higher compared to the same period of 2018 (19,898).

The number of New Depositing Customers in the third quarter of 2019 were 21,721, which is 165% higher comparted to the same period of 2018 (8,189).

The Q3 Report will be published on Thursday 24th of October 2019 instead of 7th of November 2019 as was communicated earlier.

Thomas Kalita, CEO of Angler Gaming plc, commented:

”The Group’s focus on experienced and talented staff, a scalable gaming platform and daily follow-up and actions on important KPIs have paid off in Q3 2019. In additon, the Group’s recent startup, Premiergaming Ltd, operating its ProntoCasino brand, has achieved its first ever profit in the third quarter of 2019, as a result of reducing its marketing spending in Q3, as was communicated in the Q2 2019 Report.”

For further information please contact Angler Gaming’s CEO Thomas Kalita at thomas.kalita@anglergaming.com or via mobile: +356 9966 2000.

This information is insider information that Angler Gaming plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, on 11 October 2019.

Board of Directors, Angler Gaming plc                                                      

Malta, 11 October 2019

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