Organization of Football Prognostics S.A. (OTCPK:GOFPY) Q3 2024 Earnings Conference Call November 21, 2024 9:00 AM ET
Company Participants
Jan Karas – Chairman & Chief Executive Officer
Pavel Mucha – Chief Financial Officer
Conference Call Participants
Russell Pointon – Edison Group
Maxim Nekrasov – Citi
Virendra Chauhan – AlphaValue
Iakovos Kourtesis – Piraeus Securities
Paris Mantzavras – Pantelakis Securities
Operator
Ladies and Gentlemen, thank you for standing by. I am Gelli, your Chorus Call operator. Welcome, and thank you for joining the OPAP S.A. conference call and live webcast question-and-answer session to discuss the Third Quarter 2024 Financial Results. Please note a video presentation has been distributed and is also available on the OPAP Investor Relations website. [Operator Instructions]
At this time, I would like to turn the conference over to Mr. Jan Karas, Chairman and CEO of OPAP S.A. Mr. Karas, you may now proceed.
Jan Karas
Thank you very much, Gelli. Good evening and good morning to everyone, and welcome to our regular Q3 2024 results conference call.
OPAP stellar performance in Q3 was propelled by the remarkable growth of Tzoker, strong sportsbetting activities, and the exclusive growth of online casino. Moreover, I’m very pleased with the outstanding progress in our online segment, which constitutes to build its growth trajectory. In Q3, online operations contributed a robust 31% to the group’s revenues, setting a new record and highlighting the digital focus of our strategy.
Moreover, I’m excited to share this quarter’s achievements. Our EuroJackpot and Tzoker EXTRA, special draws promotion has driven a double-digit revenue uplift while Tzoker Group Play and Bet Boss increased engagement.
Finally, solid profitability and increased margins allow us to be confident on the delivery of the upper end of 2024 outlook.
Hopefully you have reviewed and enjoyed the results recorded video we shared
Read the full article here
