Published
OnlineCasinoFinancialIndustry

Supplier Fantasma reports modest revenue total, but huge growth

Slots developer Fantasma Games has recorded a 314% year-on-year gross gaming revenue (GGR) increase for Q2, alongside an almost 400% surge in net sales.

fantasma games q2 2022 gambling insider web image

Slots developer Fantasma Games has recorded a 314% year-on-year gross gaming revenue (GGR) increase for Q2, alongside an almost 400% surge in net sales.

The company generated SEK 6.3m ($622,338) in second quarter GGR, up from SEK 1.5m on a year-over-year basis and contributing to positive EBITDA.

As a result of its triple-digit revenue growth, Fantasma’s EBITDA for Q2 totalled SEK 1.1m, up from a SEK 1m loss last year.

An increase in total gaming turnover was cited as a “main driver of growth.” This amounted to SEK 1.4bn, up from SEK 655m for a 120% rise. Net sales, meanwhile, increased by 396% to SEK 7.5m from SEK 1.5m.

The quarter, which Fantasma called “busy,” saw Founder Fredrik Johansson reprise the role of CEO. The company also entered the US during Q2.

Johansson commented: “What a quarter it has been for Fantasma Games. We have driven growth across all KPIs which is a testament to the popularity and performance of our games in regulated markets around the world.

“This growth has come from continuing to deliver slots that take the experience to the next level, but also through entering new markets and signing exclusivity agreements with power players in our core jurisdictions.”

Fantasma’s GGR for Q2 brings its half-year total to SEK 14.3m, an increase of 450% from SEK 2.6m. H1 net sales, meanwhile, have risen by 373% on a year-over-year basis.

“This is a fantastic start to a year that has great potential, and I and the rest of the team look forward to an equally successful six months ahead,” Johansson added.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
 
 
Premium Connections
The Global Gaming Awards are the most trusted and prestigious Awards in the gaming industry, recognising and rewarding the strongest performers across the previous 12 months.
25 Sep 2022

Global Gaming Awards Las Vegas 2022: Full Shortlist revealed

Gambling Insider and Gaming America are delighted to share the Shortlist for the 2022 Global Gaming Awards Las Vegas.

Life after M&A

Pariplay CCO Enrico Bradamante speaks to the GI Huddle about...

Global Gaming Awards Asia 2022: Winners revealed

The winners of the inaugural Global Gaming Awards Asia have...

Coming to America

Interblock Global CEO John Connelly speaks to Gambling Insid...

The supplier story so far

Gambling Insider speaks with leading executives from Relax G...

Read Magazine