July - September 2007
- Net sales for the period reached SEK 56.9 M (49.6).
- Profit after tax for the period was SEK 0.2 M (loss of SEK 6.8 M excl.
Daydream).
- Earnings per share were SEK 0.00 (-0.02).
- Cash flow from operating activities, after change in working capital and
excluding blocked funds, was SEK 7.0 M(7.8).
- Streamlining of operations. 24hPoker Holding AB will now focus on the
supplier segment and has hived off the operator segment to a newly established
freestanding company.
- Reorganization aimed at reducing costs, which will have a positive impact in
the fourth quarter. Third quarter earnings were negatively affected by employee
termination charges of SEK 1.2 M.
- 24hPoker has signed an agreement with the Irish gaming operator Betdaq for a
strategic and financial partnership. As a result of this agreement, Pinnacle
Sports will also be connected to the poker network.
January - September 2007
- Net sales for the period amounted to SEK 162.9 M (160.4).
- The loss after tax for the period was SEK 10.9 M (profit of SEK 8.1 M excl.
Daydream).
- Earnings per share were SEK -0.02 (-0.18).
- Cash flow from operating activities, after change in working capital and
excluding blocked funds, was SEK 10.7 M (47.6).
