B2B operations saw a GGR of \u20ac281 million (US$30.49 million). GGR from direct operations added 26.9% to the prior year’s figures, closing at \u20ac49.6 million (US$54 million) for 2021. The year-on-year growth wasn’t at the level Intralot saw before the arrival of COVID-19, handicapped by low revenue margins in some areas and weak forex rates in others.<\/p>\n
Intralot explains that its total costs associated with sales were \u20ac294.5 million (US$320.65 million), which represented year-on-year growth of 8.3%. Deducting these costs from the turnover leaves a gross profit of \u20ac119.4 million (US$130 million).<\/p>\n
That was a considerable improvement over 2020, representing a gain of 63.3%. However, there were other costs as well. These totaled \u20ac118.8 million (US$129.3 million). However, Intralot found income from other operations \u2013 \u20ac21.6 million (US$23.5 million) \u2013 to help offset the losses.<\/p>\n
Coupled with a strong rebound in key markets after the easing of [COVID-19] pandemic measures and cost-efficiencies achieved at HQ level, FY2021 results set the company [on] a stable course to tap on new opportunities and create value for all its stakeholders<\/strong>,” stated Intralot Chairman and CEO Sokratis P. Kokkalis.<\/p><\/blockquote>\nEBITDA (earnings before interest, taxes, depreciation and amortization) climbed as a result of the stronger performance. The figure was \u20ac110.4 million (US$120.17 million), an increase of 66.8%.<\/p>\n
For the bottom line, Intralot showed that it’s rebuilding and is setting itself up for a strong 2022. The final net profit for last year was $32.7 million (US$35.58 million), which followed a loss of \u20ac100 million (US$108.81 million) in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"
Global lottery operator Intralot is back in the black. The company reversed its losses last year, reporting revenue growth across all of its divisions that reached \u20ac32.7 million (US$35.62 million). Intralot has had a colorful couple of years as a global lottery operator. It has lost some contracts while gaining others and has also been […]<\/p>\n","protected":false},"author":64,"featured_media":208811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,33810],"tags":[],"acf":[],"yoast_head":"\n
Intralot Finds Success in 2021 as Revenue Improves - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n