PAF has proven spectacular efficiency in 2022 and we count on this development to proceed

nordic gaming group puff launched it 2022 annual report, put up report excessive turnover and spectacular acquire at internet revenue.

Gross sales by division

For the 12 months ending 31 December 2022, puff group recorded gross sales of €165.7 million ($179 million)posted a rise in twenty three% From €135 million ($145.8 million) booked by the Group in 2021.

“We’re happy with final yr’s outcomes. It is a good consequence and a testomony to our means to execute,” commented Puff’s CEO. Christer Fahlstedthighlighted Sweden, Switzerland and Spain as outstanding gaming locations, highlighting the restoration of the Group’s transport operations.

Paf’s Web enterprise this yr €142.1 million ($153.5 million),era 17% That is larger than in 2021 (€121.2 million ($130.9 million)), with significantly sturdy development recorded throughout the Swedish and Spanish markets.

The group attributed the rise in gross sales to a report variety of lively clients for the yr. 483,595is up 44% from 336,206 in 2021, and the variety of lively clients is predicted to proceed rising in 2023.

Gross sales generated from land and ship operations €23.5 million ($25.4 million)will increase over 70% The year-on-year improve was primarily attributable to a major year-on-year improve within the variety of ship passengers. Puff believes there’s nonetheless room for the numbers to extend and attain 2019 ranges, and expects this optimistic development to proceed in 2023.

Different working earnings 9%from €6.8 million ($7.3 million) in 2021 €10.1 million ($10.9 million) It’s now primarily attributable to elevated gross sales of playing platforms and associated companies.

Bills, Working Revenue, Internet Revenue

Summing up the prices in 2022, €128.3 million ($138.6 million)Up 20% Materials and repair prices elevated from €106.8 million ($115.3 million) in 2021. €39.5 million ($42.7 million)Up 30% From €30.3 million ($32.7 million) in 2021, different working bills have been larger than in 2021. twenty 5% To €54 million ($58.3 million) Up from €43.1 million ($46.5 million) in 2021, employees prices rose barely, however depreciation remained largely unchanged.

Puff attributed the fee improve to elevated advertising and marketing bills, cloud-based expertise prices and elevated journey bills.

Paf Group achieves working revenue in 2022. €48.5 million ($52.4 million)Up 36% From €35.7 million ($38.6 million) in 2021. The online results of monetary earnings and bills was a lack of €1.6 million ($1.73 million), in comparison with a lack of €300,000 ($324,000) in 2021.

Jan-Michael von Schanz, Chairman of Paf, stated: “Paf’s purpose is to generate funds that profit society, and the optimistic outcomes will enable us to distribute 33.1 million euros.” He expressed his gratitude for his achievements through the previous yr.

Internet revenue in 2022 is €44.4 million ($48 million)has recorded a formidable improve in over 35% From €32.8 million ($35.4 million) in 2021.