iGaming Business – UK-based interactive gaming company Netplay TV has cited continued growth in mobile and tablet revenues during the three months to December 31 as a key factor behind its ‘strong’ end to 2013.
According to the firm, mobile and tablet net revenue grew 121% year-on-year during the most recent quarter.
Mobile and tablet revenue now accounts for 30% of total net revenue, up from 18% in the fourth quarter of 2012.
The news comes after the firm said mobile and tablet results also boosted the firm’s third quarter revenue, as reported by iGaming Business.
Netplay TV also recorded total net revenue of £7.9 million (€9.6 million/$13 million) for the most recent quarter, a 33% increase on the £5.9 million posted in Q4 of 2012. The figure was also a 22% rise on the third quarter of 2013.
Additionally the company experienced a 12% year-on-year rise in new depositing players, with the figure increasing from 13,974 in Q4 of 2012 to 15,648 in the most recent quarter – also an 11% rise on Q3 of 2013.
Netplay TV additionally noted that it expects its earnings before interest, tax, depreciation and amortisation to be at the ‘top end’ of market expectations.
“The directors are pleased with this continued strong performance and are confident that the company will meet full year market expectations with full year EBITDA at the top end of expectations,” the company said.=
The company plans to issue its full year preliminary results on April 8.
