888 has announced that 2021 was a “historic year” for the company, with revenue of $980.1 million.
The company’s gross profit increased 15% to $647 million in the year ended December 31, while profit before tax soared from $26.7 million to $81.3 million, resulting in a 500% rise in basic earnings per share.
“From a financial standpoint, it was another record year, and we have significantly revolutionized the scope of the firm over the last two years,” said Itai Pazner, CEO.
“This step-change in scale has come from a clear market focus on regulated markets, which now make up three quarters of revenue, and where we are seeing really positive market share trends.”
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