Bullboard - Stock Discussion Forum Integrity Gaming Corp. V.IGAM

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"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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TSXV:IGAM - Post Discussion

Integrity Gaming Corp. > Machine revenue a day

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Post by Riverfolk on Apr 29, 2016 8:34am

Machine revenue a day

Leasing revenue in Q4 2015 was $2,751,650 (2014 - $545,098). The increase in revenue was due to generating revenue from an average of 2,388 gaming machines in Q4 2015 as compared to an average of 271 gaming machines in Q4 2014. The increase in the number of machines is mainly due to the acquisition of Integrity Companies on July 20, 2015 with its interest in approximately 1,600 revenue generating machines. The Company also generated revenues from bingo sales of $773,761 (2014 - $Nil).

2,751,650 /2388 machines / (365/4) = 12.63 per machine a day. Definitely not their best showing

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Comment by blomskompskies on Apr 29, 2016 8:44am

When is Q1 2016 released? I thought they were releasing that to...

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Comment by Riverfolk on Apr 29, 2016 8:46am

Q1 is on or before June 1/2016

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Comment by blomskompskies on Apr 29, 2016 8:49am

aww well thanks. Not the EPS i wanted to ee either...still a loss -.01.

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Comment by jammo71 on Apr 29, 2016 8:56am

Correct me if I'm wrong but the previous year EPS was -$0.12, so that's quite an improvement. Also, adjusted earnings were $0.01, first year of positive adjusted earnings. Also an improvement. Think there's still a long way to go but I wold think these results should provide some price support at a level closer to $0.08.

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Integrity Gaming Corp.