Nektan achieves EBITDA break-even as European arm continues to grow and new business opportunities emerge globally

"Achieving an EBITDA embankment during the report period is considered a milestone that is important for nectan, and the remaining 19 parts of the financial year will focus on maintaining and improving profitability." 。 EBITDA-access to the crisis was achieved, for example, by increasing profits and improving business performance. We do not pay attention to what we believe in our product for a mobile casino in the United States, and we are satisfied with Macroenenia in the market, proposed a control package proposed by the promotion of our US subsidiaries. Contribute to the increase in profitability, we will take the future NEKTA N-funds in the United States, but to maintain important share in the developing US market.

In Europe, Asia, and Africa, our B2B category is developing a new high margin by licensing our patent technology to major operators. BETVICTOR was launched in October 2018, won the contract with MoPlay in March 2019, and after this period, we were able to safely attract major casino and gaming partners. Such an increase was nothing but a well-rooted B2C and white label network, and at this stage, it has grown to record 152 casino-websites.

All this is enhanced by our avan t-garde personal mobile casino technology and elasticity, attracting new partners and preferred to go to Bazaar, and supports our modern operating room and marketing tools. Can be improved. Nektan is in a powerful position to extend the 50 % victory of 19 in 2019, and we look forward to the update.

Contact contacts: Obtain additional information about groups:

Lucy Bakie (Major Executive Officer)

+44 7 881 625 098

Additional information about Nectane is the group website www. Nektan.

About nectan

Nektan is an international gaming technology provider specializing in mobile casinos. The company has licensed its own patent technology to major operators, including BetVictor, and provides group technology and provides casino white tags to major brands such as News International and The Sun Play. 。

The Evolve Technological Platform developed by Nektan can promote all customer skills and support activities, and partners can concentrate on product marketing for their customers.

E-Lite Platon is a poron of gaming content and Nektan bonuses, offering a wide range of premium content from major Universal Gaming Studios. It is nothing more than an integrated auxiliary module for operators, giving them a wide range of odds and elasticity in managing and distributing a wide range of premium gaming content on their own network.

The American Nektan, Respin's operational distribution invites US land-based casinos - conclusions for mobile gaming from within the institution. This allows operators to add mobile technology and content to their services, making this product available to players on mobile devices from within the casino as a stationary type, for example.

Headquartered in Gibraltar, Nektan is regulated by the Gibraltar Licensing Authority, the England Gambling Commission and the Inferno Commissioner's Office. Nektan is a socially serious licensee, keen to provide non-discriminatory, win-win and tenacious player skill wins.

Nektan PLC was admitted to the bazaar of the AIM English Stock Exchange in November 2014.

CEO Approval

Rikubes

The first half of the year has been an important period for our company. Having forged many important partnerships for this phase, we are increasingly seen as a leading technology company in mobile and online casino, offering premium game-content from the world's best game creators by the world's most edgy game brands. The winning of the contract with BetVictor is one of these deals that demonstrates this, and it was probably thanks to the width and depth of our bag of game-content.

Salvation growth has increased year by year, and at this stage, as well as our profitability, we have achieved an embroidery of EBITDA. We must pay attention to the fact that we are still in the process of implementing a promotion control package for our US subsidiary, which will definitely help to reduce foreign exchange taxes on the business, Nektan will save a significant share in the US, as we consider them as a major developing bazaar.

Despite the fact that our game-content portfolio is too large by industry standards, we continue to look for high-quality games to enrich our product lineup for partners. In some cases, we also cooperate with game developers as they can get the highest margin from the profits generated from the games. One of the smartest events under this strategy was the launch of the Rank Up Dragon game, which we devised with Rising Entertainment in December 2018, which occupied a popular position in our B2C network from the launch stage.

Nektan wants to remain the number one value of gaming compliance in our regulated market. Apart from this, we use our technology to fairly carefully relate to problem gambling and limit them by our ability to restrict them. As a socially serious operator in the online gaming industry, we hold personal fixed ideas as gamstop, beyond the claims of regulators and these organizations. Every day, we carry out cycles of technological formation, dedicating special attention to the more vulnerable, bringing new tools and improvements for the defense of all players.

Economic Education Programs and KPIs

Nektan's performance indicators continue to show that the company is picking up, and in fact, more importantly, we achieved EBITDA embroidery in the first half of 19. Thanks to the continued increase in rescue and cost control, we maintain the path to profitability and await the exit to the win-win indicator EBITDA by the end of the money year 19 (June 30, 2019).

• In the reporting period, NGR increased by 48% to £13, 0 million (H1 2018: £8, 8 million);
• The number of depositors entertained for the first time during the reporting period remained constant, at 75, 334 people (H1 2018: 74, 755 people), and
• Waterfallutefunds in the B2C section increased by 36% in stages, reaching £346, 2 million (H1 2018: £254, 5 million).

Collecting continuing work, total profit increased from £5, 728 thousand. Adjusted EBITDA indicators improved for continuing work, going from a loss of £916 thousand in H1 2018 to a profit of £336 thousand in H1 19.

Marketing, partnership and related expenses increased from £4, 503k (51% of salvage) to £6, 065k (47% of salvage), effectively reflecting a performance driven by the upturn in business. Administration expenses decreased from £2, 141k (24% of salvage) to £2, 083k (16% of revenue).

Loss before tax for the reporting period was £868k (previous period: £926k). Artel's loss was £4, 798k, covering losses from work stoppage in the US of £3, 930k and depreciation of £2, 974k. This resulted in a loss on promotion of work in progress of 2, 7p (H1 2018: 9, 2p).

Our Technology and Business Model

Nektan collects and publishes premium casino content from leading gaming providers, using personalized technology to deliver it either as a fully controlled casino "white label" outlet for its own B2C partners, or as a content distributor for its own B2B partners. Nektan's white label is delivered through the Evolve platform, while the e-lite platform delivers avant-garde content.

Our development is fresh and is thought to be formed from zero, which is actually universal and very flexible. We can provide a game environment to our partners, are very agile, and can handle different languages ​​depending on the claims and jurisdictions. Regarding distribution of mobile devices, Nektan has "mobility above all", especially for partnerships in Asia, especially in Asia, where mobile devices and games are dramatically growing.

We provide the opportunity to customize our own services to our partners. The reliable business analytics tool provided by Nectan provides thorough management information to optimize prices and games, and realizes excellent user experience.

team

On behalf of the Board of Directors, I would like to thank all NEKTAN teams who worked hard for this term. Without their belief in their business, we would not have been able to build such a strong position. Only their loyalty and abilities can move forward to the company and apply our skills to attract major partners who want to strengthen and build game brands around the world.

In fact, he reported that the group economic director Patrick Sync Sinclea had left the company, and thanked for the contribution of Nectan in this important rising phase. On the other hand, Ken Duncan's shor t-term economic director has started his own job and is working on a successor.

Financing

During this period, NEKTAN announced promotion, debt conversion, selective resale Respin, and its own South American dispatch. Respin promotional control packages, in which the company is approved, the company actually raises a small value of £ 2, 2 million, and actually a small value of £ 5 million, and is located and subscribed. Approved, including powerful support. The company plans to sign a binding US resale agreement by April 30, 2019, no matter how faster, at least, by April 30, 2019. Directors have been negotiating with HMRC about the introduction of £ 2, 9 million pounds in the introduction of sterling to use in England on December 31, 2018, but this is the recruitment of pooled funds and the resign. It is important at the expense of the funds obtained by the selective implementation of.

The negotiations on the reconciliation of the promotional package of Respin LLC, a US subsidiary of 100 % investment, are continuing, and the Company wants to complete this position by April 30, 2019. The assets and promises related to this business are divided into consolidated reports on the economic situation, and in the consolidated reports on gross profits, they are simply displayed as a highly completed construction. The comparison data of the previous year's report is still recalculated.

Current trading activities and opportunities

After the record for the second quarter, the Transactions of the B2C division in the third quarter of FY2019 decreased compared to the second quarter of FY2019. This is because there was a moment that affected the number of FTDs and deposits in white label networks, such as seasonality, matching with England, marketing of players, and delays in acquiring licenses from Swedish operators. However, the Board of Directors is currently recording 152 casinos, continuing to eliminate new partners, and has improved players and commitments, waiting for the situation to improve in the right quarter. Our B2B units are important in the first half of the year, especially in the rapid growth fields, especially in Asia and Africa. We are still continuing to promote price setting and adjust the opportunity to coordinate in jurisdiction, which we believe that it will lead to improvement of trade in the right quarter.

Lucy Buckle, Key Executive Director

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It is a truly innovative thing, exploring unprecedented game format, new mechanism, technology to solve problems, or the best way to do what is already doing. < SPAN> The world's online gambling industry has always attracted people with excellent brains, creative talents, and strong entrepreneurs.

From the acquisition of a hundreds of millions of Boutique Studios to the merger and integration of to p-notch operators, which became an unmistakable international leader, the success story is exhausted. However, some companies succeed, while others fail.

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From the acquisition of a hundreds of millions of Boutique Studios to the merger and integration of to p-notch operators, which became an unmistakable international leader, the success story is exhausted. However, some companies succeed, while others fail.

• Eventually, emerging companies need to master all the business fields, from product quality and customer experience to regulation, differentiation, marketing, and funding. And even in this case, success is not considered.
• Compliance with regulations, licenses, and requirements
• Operators, suppliers, and other services have to obtain licensing and certificates for market entry in the regulated jurisdiction, and the requirements vary from market.
• Therefore, even if you are alone, consider creating a specialized team that handles all legal requirements. By doing so, the business can survive over the long term.
• In this industry, it is not surprising that many emerging companies are pursuing it. In other words, it is necessary to provide something new to stand out.

It is a truly innovative thing, exploring unprecedented game format, new mechanism, technology to solve problems, or the best way to do what is already doing.

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• Our investment approach is that it should be a true partnership.
• Despite the many challenges to overcome, those who manage to enable their iGaming startups to thrive will reap great rewards.
• In the current cycle, video games go through seven development milestones: planning, pre-production, production, testing, pre-launch, launch, and post-production. Once released, video games begin competing for players’ attention, but with so many games, it can be hard to get noticed. Working with a distribution partner rather than relying on a giant like Steam at the final stage of a game’s development cycle gives publishers greater strategic influence and keeps their games relevant for months after release.
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How can third-party distribution platforms effectively compete with giants like Steam?

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On average, pre-orders two months before a game's release account for 1% of total sales throughout the year. Then, 2-4 weeks before the release, it rises to 4% of total annual sales. Pre-orders peak one week before the release, and at this stage publishers can plan for 12% of total game sales in the first year. At the pre-order stage, Rokky accounts for an average of 16% of annual game sales, highlighting the importance of pre-ordering games.

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Sales began to decline gradually, and for the first two to four weeks after the release, Rokky was 7 % to 4 % a week and 14 % to 5 %. Rokky sold 56 % of the annual sales, and Steam sold about 61 % during the first month sales period.

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Localization and adaptation to culture: Distributors active in specific areas can better understand the characteristics of local culture and provide customized content in local languages, such as localization of games, marketing campaigns, and user support. Therefore, the attractiveness of the game for local players increases.