Integrity Gaming Corp. V.IGAM

Consumer Cyclical Leisure

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."

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Integrity Gaming Corp. > Q2 on Sedar

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Post by Riverfolkon Aug 22, 2017 8:25pm

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Q2 on Sedar

The Company’s revenue increased by 2% from $4,157,374 in Q1 2017 to $4,250,547 in Q2 2017.

The Company’s revenue increased by 25% from $3,390,891 in Q2 2016 to $4,250,547 in Q2 2017.

Highlights of activities and results of operations during the three months ended June 30, 2017:

For the quarter ended June 30, 2017, Poydras recorded a net loss of $1,382,586 or $0.04 loss per share.
For the quarter ended June 30, 2017, Poydras’ Adjusted EBITDA was $2,339,286.
As at June 30, 2017, Poydras had total assets of $36,974,543 consisting of $6,822,317 of current

assets and $30,152,226 of non-current assets.
As at June 30, 2017, Poydras had total liabilities of $32,502,530 consisting of $7,399,577 of current liabilities and $25,102,953 of non-current liabilities.
As of June 30, 2017, Poydras had participating interests in approximately 2,562 revenue generating machines.

The Company expects to continue to add to its revenues from both new and existing contracts. The Company is also taking steps to evaluate expansion opportunities into other geographies beyond the Oklahoma and Texas markets.