TORONTO, ONTARIO — (Marketwired) — 03/09/15 — The Intertain Group Limited (“Intertain” or the “Company”) (TSX: IT) today announced its financial results for the three month period and year ended December 31, 2014. All amounts are stated in Canadian dollars unless otherwise noted.
Financial Highlights:
Q4 and Subsequent Highlights:
“2014 was an extremely busy year for Intertain and I–m very pleased with our trading position and the overall progress we achieved,” said John Kennedy FitzGerald, President and CEO of Intertain. “We owe our 2014 results to the ongoing successful implementation of our organic and acquisitive strategy on the road to becoming the world–s largest online gaming operator focused on the female demographic. I am especially satisfied with Intertain–s position as one of the largest online gaming companies with the highest percentage of revenue from regulated jurisdictions.”
“2015 comes with great opportunity for Intertain, as we announced the acquisition of the Jackpotjoy, Starspins and Botemania brands from Gamesys and entered into a long-term partnership with them to launch the business globally. This is an historic period for our company and I feel privileged to be at the helm as we create something truly special.”
Adjusted EBITDA & Adjusted Net Income for Year Ended December 31, 2014
2014 Fourth Quarter Financial Statements and Management–s Discussion and Analysis
The financial statements, notes to the financial statements and Management–s Discussion and Analysis for the three month period and year ended December 31, 2014, will be available on the SEDAR website at .
Fourth Quarter and Fiscal 2014 Conference Call
Intertain will host a conference call with members of the investment community to discuss its fourth quarter and fiscal 2014 results on Monday, March 9, 2015 at 6:00 p.m. ET.
To participate, interested parties are asked to dial (647) 788-4919 or (877) 291-4570 10 minutes prior to the scheduled start of the call. A replay of the conference call will be available until March 23, 2015 by dialing (800) 585-8367 or (416) 621-4642 and using reference number 1491565.
About The Intertain Group Limited
Intertain is an online gaming company that provides entertainment to a global consumer base. Intertain currently offers bingo and casino to its customers using the InterCasino , Costa , Vera&John and other brands. For more about Intertain please visit .
Disclaimer in Regards to Forward-Looking Statements
Certain statements included herein, including those that express management–s expectations or estimates of our future performance constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Additional information identifying risks and uncertainties is contained in Intertain–s filings with the Canadian securities regulators, available at .
Contacts:
Amanda Brewer
The Intertain Group Limited
Tel: 416 720-8150
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