On Tuesday, fourth quarter of casino and game segment revenues increased 33.3% in a sequential fashion, up nearly USD 2.7 million, situs sportsbook as reported by the casino and food service technology supply company TransAct Technologies Inc. 1b2u indo kasino In fourth quarter of revenue a year ago, the number represents a 49.8 percent decrease over USD 5.3 million.
Throughout our most challenges year, we have shown the flexibility of our business model, with sequentially better selling quarter in the second half of 2020 and we have ended the year with momentum as we reach 2021.
For the three months up to December 31, the TransAct posted a net loss of US$1.9 million compared to the previous quarter’s net loss of US$867,000. The recent outcome was an improvement of almost 140% from the loss of $800,000 in the final quarter a year before.
The main business of the company was casino player awards and player recording tools and automated computer ticket printers. More recently, it has established sales of its Boha device for managing food inventory and food service tracking.
Mr. Shuldman said TransAct’s revenue in the Food Service Technology (FST) segment benefitted from increased sales.
Despite the apparent problems faced by our clients, TransAct’s cumulative quarterly net profits fell 30.5% over the year to just under US $7.8 million, down from almost US $11.2 million over the year, representing a significant increase in FST income from the previous year. Sales rose sequentially, however, by 6.3%, the company said.
Our FST demand has expanded dramatically and reported an average sales growth of 27 per cent over the year, in view of the evident difficulties facing our customers,” he said. He said, “The pandemic begins to decline and the floors start to get ready for life after Covid-19.” We also begin to see Greens shootings on our casino and gamers sector.
In the three-month period up to December 31, earnings before debt, taxes, depreciation and depreciation (EBITDA) is almost US$ 2.0 million, an expansion of the previous year’s reporting period of negative EBITDA, which is US$ 273,000. TransAct posted negative US$1.1 mi EBITDA in the third quarter of 2020.
TransAct announced company revenue of almost USD30.6 million for the full-year period 2020, down 33.1 percent compared to the previous year. Sales for casino and casinos dropped by 49.0 percent year-on-year to almost 11.0 million dollars.
The corporation generated nearly US$ 6.8 million in negative EBITDA in 2020, up from a positive outcome of US$ 1.7 million in 2019. in 2014. In contrast to 2019, the company announced a gross net loss of 5,6 million dollars, up from 516,000 dollars.
During a time from 11 February to 17 February, the Chinese New Year Festivals encourage the local authorities to prevent people from travelling outside their residence on the mainland, avoiding the possibility of Covid 19 spreading. A quarter of tourists to Macao in February – 106,452 – were from Zhuhai in Guangdong Province, near Macao.