- Net sales amounted to SEK 208.5 M, (according to new accounting principles)
(136.0), an increase of 53%, while operating profit decreased by 94%, which was
attributable to the company's rapid expansion, increased costs for conducting
gaming operations within the EU, higher marketing costs and a smaller portion
of income were due to royalty.
- Profit after tax, excluding Daydream, for the full-year totaled SEK 8.5 M
(20.1).
- Earnings per share were SEK 0.00 (N.A.).
- The Daydream operation is now completely discontinued and no costs will be
charged against 2007.
- The number of active players in B2B Poker's network was 68,507 (103,344)
during the quarter. Adjusted for skins that left the network during the year,
the number of active players in the fourth quarter of 2005 was 27,072, which
represents an increase in remaining skins of 153%.
- The number of registered players in B2B Poker's network was 555,617 (364,164)
at the end of the period. Adjusted for skins that left the network during the
year, the amount of registered players at the end of the fourth quarter of 2005
was 159,210, an increase in remaining skins of 249%.
- Income from other gaming operations, Sportsbetting and Casino, amounted to
SEK 13,279 M (5,026), an increase of 164%.
- During the quarter, 24hPoker and Boss Media signed an agreement to initiate
cooperation, which signified that players at 24hPoker.com and other selected
skins in 24hNetwork will be offered the possibility to also play poker in
International Poker Network.
- During the fourth quarter, an agreement was signed with 3Bwin and 24hNetwork
also launched 10 new turnkey skins during the quarter.
- 24hPoker signed a statement of intent to initiate cooperation with WagerWorks
to market each others gaming services to third parties.
- The Board will be proposing to the Annual General Meeting that no dividend be
paid.
For further information, please contact:
Per Hildebrand, President, tel: +46 (0)70-593 39 98, e-mail:
per.hildebrand@24hpoker.se
Britt-Marie Boije, CFO, tel: +46 (0)8-564 884 60, e-mail:
britt-marie.boije@24hpoker.se
Pia Rosin, Information Manager, tel: +46 (0)70-753 22 46, e-mail:
pia.rosin@24hpoker.se
About 24hPoker
24hPoker Holding AB is a Swedish gaming group that develops proprietary
software systems for online gaming operations through its subsidiaries 24hPoker
AB and B2B Poker AB and operates one of the world's largest poker networks,
24hNetwork. 24hPoker launched online poker in 2001 and conducts gaming
operations via foreign subsidiaries. The Group also sells and develops turnkey
gaming platforms for players that want to conduct gaming operations under their
own brand via 24hNetwork. 24hPoker Holding AB is listed on the Stockholm Stock
Exchange.
www.24hpoker.se
