Kari Yasi is now following LV Bet12/21/2021
LV Bet partners with Vanarama National League 05/2019 Highlights first quarter 2019 Q1 Revenue grew by 97% to 14,905 tEUR (Q1 2018: 7,552 tEUR). Organic revenue growth was 41% (Q1 2018: 1%). The growth was supported by the strong NDC-performance in recent quarters.Q1 EBITA before special items increased 212% to 6,521 tEUR (Q1 2018: 2,088 tEUR). The EBITA-margin before special items was 44% (Q1 2018: 28%). Special items relating to M&A-activities were 87 tEUR.Cash Flow from operations before special items was 7,559 tEUR (Q1 2018: 2,483 tEUR), an increase of 204%. The cash conversion was 112%. End of Q1, capital reserves stood at 54.4 mEUR including cash of 19.3 mEUR and unused bank credit facilities of 35.1 mEUR.Earnings per share (EPS) more than doubled from 0,04 EUR/share in Q1 2018 to 0,09 EUR/share in Q1 2019.New Depositing Customers (NDCs) exceeded 116.000 in the quarter (growth of 147%).Two new subsidiaries in UK and Poland were established to organise increased local activities and employees.