Kindred Group plc

KIND SDB

Equity

ISIN SE0007871645 / Valor 30898021

NASDAQ Nordic Exchange Stockholm, Equities (2024-09-16)

SEK 129.10-0.08%

Kindred Group plc
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About company

Kindred Group plc, formerly known as Unibet Group, was established in 1997 with the aim of offering customers a secure and improved platform for online betting. Over the years, the company has become known for its innovative approach and has garnered a strong global customer following. Kindred Group plc operates in the online gambling industry, providing a wide range of betting services to customers worldwide.

Summarized from source with an LLMView SourceSector: Technology

Total Revenue

Kindred Group plc reported total revenue of GBP 307.7 million for the first quarter of 2024, which is in line with the GBP 306.4 million reported in the first quarter of 2023. This stable performance reflects the company's consistent operations across its key markets.

Underlying EBITDA

The underlying EBITDA for Kindred Group plc in the first quarter of 2024 increased by 20 per cent to GBP 59.3 million, compared to GBP 49.4 million in the same period of the previous year. This significant growth highlights the effectiveness of the company's cost reduction initiatives.

Profit Before and After Tax

Kindred Group plc's profit before tax for the first quarter of 2024 was GBP 39.8 million, up from GBP 30.4 million in the first quarter of 2023. Profit after tax also saw an increase, reaching GBP 31.4 million compared to GBP 25.6 million in the previous year.

Earnings Per Share

For the first quarter of 2024, Kindred Group plc reported earnings per share of GBP 0.15, an improvement from GBP 0.12 in the first quarter of 2023. This increase reflects the company's enhanced profitability and operational efficiency.

Active Customers

The number of active customers for Kindred Group plc rose by 3 per cent to 1,667,564 in the first quarter of 2024, compared to 1,623,568 in the same period of the previous year. This growth indicates the company's successful customer engagement and retention strategies.

Summarized from source with an LLMView Source

Key figures

12.9%1Y

-22.9%3Y

117%5Y

Performance

23.5%1Y

35.6%3Y

41.5%5Y

Volatility