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Scout Gaming publishes Q4 2020: Revenues increased 69% to SEKm 16.9

Scout Gaming publishes Q4 2020: Revenues increased 69% to SEKm 16.9, EBITDA improved to SEKm -5.8, positive cashflow from operating activities

“We continue to undergo strong growth, revenues increased by 69% to SEK 16.9 million during the fourth quarter and during the full year 2020, total revenue base amounted to SEK 46.9 million. During the full year, total revenue base thus grew by 84 percent, despite a strong negative impact from COVID-19 at the end of the first and sizable parts of the second quarter – when the global sports calendar was halted. In a longer perspective, COVID-19 has resulted in a faster pace of digitalization in general and for companies operating in the entertainment sector in particular, which has benefited Scout Gaming.

Scout Gaming continues to meet strong demand at the same time as we have so far only touched the long-term potential. We have updated our internal assessment of the potential size of the European fantasy sports market and currently estimate it to amount to between SEK 5.5-7.0 billion at Gross Gaming Revenue level, which means approximately 2-3% of the entire total online gaming market in Europe. It is an attractive market and we do everything we can to consolidate and expand our position to competitors.

The Scout Gaming’s Operator Index, which measures the underlying customer activity, amounted to 2,436, which is an increase of approximately 135 percent compared with the corresponding quarter last year.

EBITDA improved from SEK -8.1 million to SEK -5.8 million. Cash flow from operating activities improved from SEK -2.6 million during the fourth quarter of the previous year, to SEK 0.2 million during the fourth quarter of this year. We were less aggressive in our marketing costs, which primarily relate to guaranteed prize pools in comparison with the third quarter, in order to ensure that we get value for the investments we make in these, and it is gratifying to see that this theorem holds and that we reached an all time high for our operator trading index. Going forward, we are expected to be more aggressive regarding this marketing related expense. In connection with this, we also continue to invest heavily in product development, to ensure high future growth.”

Extract from CEO Andreas Ternstrom’s commentary to the year-end report.

Fourth Quarter: October – December 2020

• Revenues increased to mSEK 16.9 (10.0), corresponding to a growth of 69% compared to same quarter last year

• EBITDA improved to mSEK -5.8 (-8.1)

• Net result was mSEK -13.9 (-13.3)

• Earnings per share amounted to SEK -0.7 (-1.4)

• Operator trading index (which illustrates the underlying client activity) increased to 2436 (1035), a growth of 135%

Full year: January – December 2020

• Revenues increased to mSEK 46.9 (25.7)

• EBITDA was mSEK -39.2 (-42.8)

• Net result was mSEK -54.6 (-52.2)

• Earnings per share amounted to -3.1 kr (-3,8)

Events after the period ended

• Scout Gaming has launched another product for its award-winning portfolio. The Pick’em Jackpot game combines traditional sports knowledge with a jackpot. The game was made available to Fanteam users in mid-January and will be available for our B2B network shortly

• Scout Gaming has entered into an agreement with AB Trav & Galopp, ATG (the Swedish Horse Racing Totalisator Board), Sweden’s largest gaming operator measured by turnover. The companies have agreed to jointly launch Scout Gaming’s award-winning DFS product on ATG.se with a soft launch aimed at the second quarter 2021, followed by a wider marketing push in the third quarter, in time for the start of English Premier League and other major European sport leagues

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Billy Degerfeldt, CFO & Investor Relations
Tel: +46 707 581 668
E-mail: billy.degerfeldt@scoutgaminggroup.com.

 
About Scout Gaming Group
Scout Gaming Group is a multiple award-winning licensed and regulated premium provider of B2B Fantasy Sports & Betting. The company offers a flexible and customizable network-based Fantasy Sports solution coupled with sport game innovations such as Player Matchups, Player Odds & Pick’em Jackpot. The Scout Gaming Platform (SGP) has support for all major sports and leagues & delivers a unique real-time entertainment experience. The Group has 100+ employees and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on 26 February 2021.

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Scout Gaming signs agreement with ATG

Scout Gaming has entered into an agreement with AB Trav & Galopp, ATG (the Swedish Horse Racing Totalisator Board), Sweden’s largest gaming operator measured by turnover.

The companies have agreed to jointly launch Scout Gaming’s award-winning DFS product on ATG.se with a soft launch aimed at the second quarter 2021, followed by a wider marketing push in the third quarter, in time for the start of English Premier League and other major European sport leagues.

ATG is owned by the Swedish trotting and thoroughbred associations and was the exclusive provider of horse betting on the Swedish market from 1974 until the end of December 2018. When the Swedish market re-regulated in 2019 the company was able for the first time to expand into other product verticals such as sports betting and casino.  ATG has since quickly proven to be successful in what is a highly competitive online gaming market – having held the largest market share of the total gaming market in 2019 and engaged over 1.3 million customers in the Swedish gaming market. This is the first time a major leading operator launches Scout Gaming’s DFS product on the Swedish market.

“I’m very excited to have the privilege of launching our fantasy sports product on ATG.se, thus reaching a wider potential player base than ever before. ATG has in a short time proven to be very agile in its expansion into new products, therefore not a surprise when they now are first to seize the opportunity of being early mover in a fast-expanding trend within fantasy sports “, comments Scout Gaming’s CCO, Joakim Renman.

“We try to constantly offer our customers exciting new experiences and are keen to add fantasy sports as, what we hope will be, a key vertical offering for ATG moving forward. We have watched this game format grow in popularity around the world and believe that Swedish customers will also appreciate this exciting product. With our almost 50-year legacy of offering pool games and recent expansion into sports betting we believe that we have primed for a successful rollout of daily fantasy sports to the Swedish sports audience”, comments ATG’s Head of Sports Betting, Christian Erlandsson.

The agreement is expected to have a moderate to high impact on Scout Gaming’s revenues from the second half of 2021 onwards.

For further information, please contact:
Joakim Renman, CCO
Tel: +46 709 931 373
Email: joakim.renman@scoutgaminggroup.com

Billy Degerfeldt, CFO & IR
Tel: +46 707 581 668
E-mail: billy.degerfeldt@scoutgaminggroup.com.

About ATG
ATG has since 1974 delivered excitement and entertainment with quality to the Swedish people. The vision is to deliver the world’s best gaming experiences. The offer is: exciting gaming experiences in a neat and smooth way. By neat is meant that ATG cares and takes responsibility; to offer a decent gaming experience in a reliable environment. The group offers betting on horse, sports and casino games. ATG is available from more than 1 800 agents, in digital platforms and on almost 40 trotting and thoroughbred racetracks around Sweden. The Group’s net gaming revenues in 2019 were SEK 4.4 billion. AB Trav och Galopp (ATG) is owned by the Swedish trotting and thoroughbred associations. Read more at: https://omatg.se.

About Scout Gaming Group
Scout Gaming Group is a multiple award-winning licensed and regulated premium provider of B2B fantasy sports & betting. The company offers a flexible and customizable network-based fantasy sports solution coupled with sport game innovations such as Player Matchups, Player Odds & Pick’em Jackpot. The Scout Gaming Platform (SGP) has support for all major sports and leagues & delivers a unique real-time entertainment experience. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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Scout Gaming Group launches Spring Championship of online fantasy football for the second consecutive year

For the second consecutive year, Scout Gaming is launching the Spring Championship with a total prize of 500,000 euros, in the entire Scout Gaming Network (SGN). The tournament will be available on Fanteam.com and in SGN shortly.
Just as last year, the tournament is scheduled to take place in connection to game week 37 and game week 38 in the Premier League, during mid May.
The buy-in will be 1,100 euros, but there will be plenty of opportunities for users to qualify through satellites that start with buy in as low as 0.5 euros, were to first prize is set to 100,000 euros.
The Spring Championship is a dual game week event played daily fantasy-style, on 2 separate game weeks for the English Premier League: GW 37 & GW 38. Participants in the tournament will get to pick a brand new daily fantasy team each of the game weeks, with the normal Scout Gaming daily fantasy rules. Points for both game weeks will then be added together, and the final ranking will be decided based on that.
Scout Gaming Group is the world’s biggest B2B fantasy provider, offering a wide variety of game types, sports and leagues, with real money buy-ins in the world’s biggest fantasy network.
“We hope that it will be possible to finish playing this year’s edition of SCOFF. Last year’s edition was canceled due to COVID-19, which was sad because the interest was so great. We see this year’s edition as an excellent boost for the upcoming EURO 2021. The ambition is to continue to offer tournaments with larger guaranteed prize money”,comments Andreas Sundal, CPO and co-founder of Scout Gaming.

For further information, please contact:
Andreas Sundal, Chief Product Officer
Tel: +47 40850013
Email: andreas.sundal@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed at Stockholm Nasdaq First North.

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Scout Gaming launches new jackpot tipping game

Scout Gaming has launched an additional product to their award-winning portfolio. The Pick’em Jackpot game combines traditional sports knowledge with a jackpot.

In the Pick’em Jackpot game, players are required to pick the outcome in a given set of matches (home or away team victory, draw) along with predicting the jackpot trigger match score – players will receive a prize if the outcome was predicted correctly. For example, if there are 13 matches which is a default number, players will have to guess correctly in 13, 12, 11, or 10 matches to get a prize. If a player has all correct outcomes including the correct predicted match result for the jackpot game, the player has qualified for the jackpot.

“I’m extremely pleased to present our latest game, which will be available for our B2B partners shortly. Scout Gaming has the ambition to revolutionize the market for sports related betting and our objective is to increase our product suite constantly going forward. We have so far experienced heavy growth with our fantasy offering and this should be seen as a widening of our portfolio to also include additional relevant markets and product types, comments Andreas Sundal, CPO and Co-founder of Scout Gaming.

For further information, please contact:
Andreas Sundal, Chief Product Officer & Co-founder
Tel: +47 40850013
Email: andreas.sundal@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Fantasy Sports and sport products. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players, in addition: several of other sports related products are available in the network. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Scout Gaming is listed at Stockholm Nasdaq First North Growth Market.

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Senior management increases shareholding in Scout Gaming

Scout Gaming has been informed that several people in the senior management have increased their existing shareholding during the last week.

The total shareholding of insiders represented by the board, management and staff, as well as their closely related parties, amounts to just over 25% of the outstanding capital.

“It is exciting to see that there is a strong internal belief in what we do. We are still very early in the commercial conquest of the European daily fantasy Sports market for gambling. A market we to a broad extent are building ourselves, “comments Scout Gaming’s CEO, Andreas Ternstrom.

For further information, please contact:
Andreas Ternstrom, CEO
Tel: +46 706 770 660
Email: andreas.ternstrom@scoutgaminggroup.com

Billy Degerfeldt, CFO & IR
Tel: +46 707 581 668
Email: billy.degerfeldt@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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Scout Gaming publishes Q3 2020: Revenues increased 85% to SEKm 15.0

”The Group had a stable quarter with sharply increasing revenues, led by the restart of global sports, the speed of recovery exceeded management’s expectations. The global fantasy sports market for real money gambling outside the US is although still in its infancy.

Scout Gaming’s operator index amounted to 2,421, a growth by 169% – an increasing part is related to new fantasy betting products. The total revenue base grew by 85%, compared with the previous year to SEK 15.0 million. The number of active players in our network at the end of the quarter increased by 117% compared with the previous year.

We continue to see strong prospects for the European market for sports in general and for fantasy sports in particular, we make the assessment that we have opportunities to grow the business significantly in the future.”

Extract from CEO Andreas Ternstrom’s commentary to the Interim Report.

Quarter July – September 2020

• Revenues increased to mSEK 15.0 (8.1), corresponding to a growth of 85% compared to same quarter last year

• EBITDA was mSEK -11.6 (-7.9)

• Net result was mSEK -13.4 (-9.5)

• Earnings per share amounted to SEK -0.7 (-0.7)

• Operator trading index (which illustrates the underlying client activity) increased to 2,421 (900), a growth of 169%.

• Scout Gaming conducted a heavily oversubscribed directed share issue towards international institutional investors amounting to mSEK 75, to be able to accelerate growth and product development further.

• Scout Gaming has won the EGR Award category “Fantasy Sports Supplier of the year” 2020, which was the third time in a row.

• The company widened and extended current agreement with Kaizen Gaming (Stoiximan and Betano)

• Scout Gaming entered into a license agreement with Parimatch, the market leading operator in the CIS region.

Interim period January – September 2020

• Revenues amounted to mSEK 30.0 (15.7).

• EBITDA amounted to mSEK -33.4 (-34.6)

• Net result amounted to mSEK -40.7 (-38.9)

• Earnings per share amounted to SEK -2.3 (-2.8)

Events after the period ended

• Scout Gaming entered into an agreement with one of the market leading operators in the Balkan region, Meridianbet, which enables Meridianbet access to Scout Gaming’s full product portfolio.

The full report is attached and available on:
https://www.scoutgaminggroup.com/investor-relations/financial-reports

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Billy Degerfeldt, CFO & Investor Relations
Tel: +46 707 581 668
E-mail: billy.degerfeldt@scoutgaminggroup.com.

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on 18 November 2020.

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Scout Gaming signs deal with Meridianbet

Scout Gaming has entered into an agreement with one of the market leading operators in the Balkans, Meridianbet – giving Meridianbet access to Scout Gaming’s entire product portfolio. The agreement will see Scout Gamings product launched in the Balkans for the first time, through Meridianbets chain of retail outlets in Serbia, Montenegro and Bosnia & Hercegovina – as well as online.

Meridianbet holds a strong position on the Balkan, being one of the Top 3 operators Serbia, Montenegro and Bosnia & Hercegovina. This will be the first time that Scout Gamings award-winning Daily Fantasy Sports product will be available in the Balkan region.

Integration is expected to start during November and the product is expected to be rolled out during the beginning of next year.

“We are continuing to build out our network of market leading operators on a global scale. Meridianbet fit perfectly into this narrative, having stayed at the forefront of positive development in the Balkans for over 30 years. We’re especially glad for the people in this region who for the first time ever will be able to access and enjoy Scout’s best-in-breed digital gaming experience”, comments Scout Gaming CCO, Joakim Renman.

“We have watched the Fantasy market taking off in Europe and want to ensure we stay on top of this development. By providing our customers with Scouts content we live up to our promise of having the best product on the market. We see tremendous growth possibilities for this fairly new sports entertainment format and are certain that it will be well received by customers”, comments Meridianbet CEO, Zoran Milosevic.

 “Scouts proven track record and professional approach allows us to significantly expand our sports offering. We are sure that these events will appeal to our customers, offering them high quality competitive DFS mixed with Player performance betting that will provide a great betting experience both online and in our retail shops”, comments Product Manager at Meridianbet, Vladimir Stamenic.

For further information, please contact:
Joakim Renman, CCO
Tel: +46 70993 13 73
Email: joakim.renman@scoutgaminggroup.com

About Meridian Bet
Founded in Europe in 2001, Meridian is a well-established sports betting and gaming group, currently operating in 18 countries across Europe, Africa and Latin America. Meridianbet operates through 993 betting shops and online and remain primarily focused on sports betting, whilst also providing various casino and other fixed odds games. Meridian operates almost exclusively in regulated markets, and the core countries where business is currently conducted being Serbia, Cyprus, Montenegro, Bosnia and Herzegovina, Tanzania, and Malta. We currently directly employ approximately 1,500 employees

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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Scout Gaming signs distribution deal with BtoBet

Scout Gaming has entered into an agreement with platform provider BtoBet, for the provision of Scout Gaming’s software towards its vast network of operators.

The deal allows BtoBet to provide Scout Gaming’s full product offering to its vast network of operators.

The Scout Gaming software is already integrated to BtoBet’s platform through a currently commonly live client, hence Scout Gaming’s software is immediately available to third parties operating on the BtoBet Neuron3 platform.

“We are pleased to add another strong distribution platform to our already broad network of partners. We had a successful co-operation with BtoBet and looking forward to expand it”, comments Scout Gaming CCO, Joakim Renman.

“We are happy to add the market leading DFS and fantasy sports supplier to our product portfolio of games. We are experiencing an increasing demand for additional sport content and believes that Scout Gaming’s product fits that need in a pleasant way”, comments BtoBet’s CMO, Sabrina Soldà.

For further information, please contact:
Joakim Renman, CCO
Tel: +46 709 93 13 73
Email: joakim.renman@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, and Lviv, Ukraine and Malta. Scout Gaming is listed on the Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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Scout Gaming signs sponsorship with Fulham FC through FanTeam

Scout Gaming through its wholly owned B2C brand FanTeam, is pleased to announce it has become the club’s new Fantasy Sports Partner for the next two seasons.

FanTeam, part of Scout Gaming Group, offers Europes largest prize pools on fantasy football, including the world’s largest season-long Fantasy Premier League game, with €1.000.000 guaranteed and minimum €200,000 to the winner. In addition, every week users can compete for more than €500.000 in cash prizes connected to daily- and single match-tournaments. As part of the partnership with the club,FanTeam will be offering games specifically tied to Fulham FC, such as player duels (“matchups”), against different opponents during the season, as well as the traditional season-long game played across the full Premier League season.

Fulham’s rich heritage and global reputation were key factors in FanTeam’s decision to partner with the club.

“We’re extremely proud and excited to partner with Fulham FC in connection to their return to where they belong, the Premier League. We were impressed by how the club handled the relegation in 2019, and the measures taken to win back promotion. In many ways we see a lot of similarities between FanTeam/Scout Gaming and Fulham FC, where focus on building a winning culture and passion stands out”, comments Andreas Ternström, CEO, Scout Gaming.

“We are confident that Fulham will have a successful season and believe Fulham’s loyal global fanbase will enjoy FanTeams world-class fantasy sports products. We look forward to building a successful partnership with Fulham FC and can’t wait for the season to kick off”,comments Andreas Sundal, CPO and Co-founder, Scout Gaming.

FanTeam will be leveraging their association with the club and their Premier League platform to promote their games to fans in the UK and internationally.

“I’m delighted to welcome FanTeam and Scout Gaming on board as club partner for the next two seasons. Fantasy Sports is seeing increasing popularity on a global basis and we look forward to collaborating together and provide FanTeam both exposure and a platform to engage with our fans worldwide”, comments Mackintosh, CEO, Fulham Football Club.

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Andreas Sundal, Chief Product Officer and Co-founder
Tel: +47 408 500 13
Email: andreas.sundal@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway, Malta and Lviv, Ukraine. Scout Gaming is listed on Nasdaq First North GrowthMarket and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

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Scout Gaming publishes Q2 2020: Revenues increased 58% to SEKm 6.3

“The quarter began with very low activity as most sports and leagues globally had breaks related to the ongoing COVID-19 pandemic. However, we quickly managed to complete our esport offering and launch parts of it in mid-April. In mid-May, the German Bundesliga games resumed and from that moment on we experienced a rapid recovery which in June resulted in record activity. We have had an accelerating underlying growth throughout the second half of the quarter and are pleased that we were able to demonstrate this so quickly after the restart of European sports.

Scout Gaming’s operator index for the quarter was 1074, a growth of 56%. The total revenue base grew, despite extremely limited activity during the first half of the quarter, by 58% to SEK 6.3 million. We have previously stated that we did not see any long-term business-related risks with the pandemic for us as a company and are happy to be even more strengthened in that belief.

Activity in July and the first half of August continues to be high and we see very good opportunities for strong future growth.”

Extract from CEO Andreas Ternström’s commentary to the Interim Report.

Second quarter: April – June 2020

• Revenues increased to SEKm 6.3 (4.0), corresponding to a growth of 58% compared to same quarter last year
• EBITDA improved to SEKm -10.0 (-12.1)
• Net result was SEKm -17.5 (-13.3)
• Earnings per share amounted to SEK -1.0 (-1.0)
• Operator trading index (which illustrates the underlying client activity) increased to 1074 (687), a growth of 56%.
• Scout Gaming launched Esport-related markets for its entire range of products, launched initially on its own operator Fanteam.com and since mid-April available on external partners.
• Scout Gaming signed an agreement with GLHF.gg, a platform that strengthens the bond between professional sports teams and their fans.

Interim period: January-June

• Revenues amounted to SEKm 14.9 (7.6).
• EBITDA amounted to SEKm -21.8 (-26.7)
• Net result amounted to SEKm -27.3 (-29.4)
• Earnings per share amounted to SEK -1.7 (-2.2)

Events after the period ended

• Scout Gaming completed a heavily oversubscribed directed share issue towards international institutional investors amounting to SEKm 75, to enable an accelerated growth and product development.
• For the third consecutive year, Scout Gaming won EGR Award “Fantasy Sports Supplier of the year”.
• Scout Gaming launched 1 million Euro Fantasy Premier League Season Game.
• The company widened and extended the current agreement with Kaizen Gaming (Stoiximan and Betano).
• Scout Gaming signed an agreement with the market leading operator in the CIS region, Parimatch.

The full report is attached and available on:
https://www.scoutgaminggroup.com/investor-relations/financial-reports

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Billy Degerfeldt, CFO & Investor Relations
Tel: +46 707 581 668
E-mail: billy.degerfeldt@scoutgaminggroup.com

About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of Daily Fantasy Sports. The company offers a flexible and customizable network based Fantasy Sports solution with support for most sports and leagues. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.