Thursday, March 28, 2024 - Login

BMM Testlabs revenue up 6 percent in 2014


BMM Testlabs, a gaming testing laboratory and technical consultancy, announced a 6 percent increase in revenues and a 17 percent rise in EBITDA in 2014 amid growth in Asia, Europe, Canada, and US.

"Even with material currency declines against the US dollar, revenues increased by 6 percent driving overall record financial performance for our business as a whole. Prudent financial management led to growth in EBITDA by 17 percent and Cash by 11 percent," said CEO Martin Storm.

 Storm said the company grew its engineer staff and significantly expanded its operations in the U.S.

"Beyond our financial goals we achieved significant operational performance milestones. We grew our specialist quality assurance testing business to over 50 engineers whilst reducing our U.S. testing revocations quality measure to less than 1 percent.” 

“We also increased our U.S. jurisdictional access significantly, expanded testing facilities in Las Vegas and Moncton, and opened new labs in Vienna and Bologna. Importantly we delivered major version releases of our Toolbox, BOAT and Signatures software for our customers."

 

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief