Mr Green enjoys solid Q3 as revenue and customer numbers grow

asing its interim report for the months July to September, Mr Green reported an increase in total revenue of 14% to SEK 229.9m.

The online operator noted the impact of a “broadened product range, a growing number of customers and a stronger market position outside the Nordic region” in detailing the factors behind this rise.

Revenue generated by mobile products contributed 43.3% of this total.

EBITDA before non-recurring items did fall compared to the prior year quarter, dropping 57.5% to SEK 17.4m.

Mr Green attributed this decline to higher local betting duties and increased marketing costs.

The number of active customers increased by 39%, to 102,429, while customer deposits hit an all-time high, growing by 21% to SEK 687.2m.

Mr Green CEO Per Norman said: “During the period we continued to work intensively on implementing our new business strategy, which we call Mr Green 2.0.

“The business strategy is built on five cornerstones: brand, user experience, product offering, geographical expansion and being the leading player in Green Gaming (responsible gaming).

“I am happy and proud of what our organisation has achieved in such a short space of time and look forward to our journey of change towards continued growth and increased profitability.”