Enlabs Q4 revenue jumps 82% as Global Gaming integration completes

CEO George Ustinov hails “fully aligned organisation” and reveals dual strategic focus on Nordics and Baltics

Enlabs has reported an 82% year-on-year rise in Q4 2020 revenue to €20.3m (£17.5m). Company EBITDA rose to €3.9m during the quarter, although the group’s EBITDA margin decreased slightly to 19.3% in Q4. Enlabs net profit decreased by 12% to €2.2m, with net profit margin dropping to 10.8% in the quarter. The Latvia-based operator reported…

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