Business Summary: Fortuna Entertainment Group NV is a Netherlands-based company engaged in betting operator activities. It offers a range of on-line and retail network-based betting products, including pre-match betting on a range of sports events, live betting for major televised matches, scratch tickets and number games. The Company’s primary product is sports betting. Fortuna offers its services through a telephone call center, retail betting outlets and Internet. The Company is primarily active in the Czech Republic, as well as in Slovakia, Poland and Hungary. The Company’s subsidiaries include: FORTUNA sazkova kancelar a.s., FORTUNA GAME a.s. and FORTUNA RENT s.r.o., and Hattrick Sports Group Ltd., among others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2017, Fortuna Entertainment Group NV revenues increased from EUR98.9M to EUR210.5M. Net income before extraordinary items increased 64% to EUR15.7M. Revenues reflect Poland segment increase of 87% to EUR40.6M, CZECH REPUBLIC segment increase of 22% to EUR61.7M, Slovakia segment increase of 26% to EUR33.7M. Net income was partially offset by CZECH REPUBLIC segment loss totaling EUR1.5M vs. income of EUR7.5M.