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Leading independent provider of desktop gambling, Galaxy Gaming, announced the financial results of the first quarter of 2018.
Revenue in the three months to March 31 amounted to $4.4m, up 25% on the corresponding period last year. Excluding the effect of accounting charge, revenue increased 20% year-on-year to $4.2m. Pre-tax income rocketed by 184% year-on-year to $682,000, while net income was also up 231% to $537,000.
Galaxy also reportes that adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) jumped by 28% to $1.6m.
