Betbull Holding SE announced consolidated audited financial results for the year ended December 31, 2012. Net gaming revenue was EUR 12,994,793, compared to EUR 13,651,486 for the last year. Operating loss was EUR 6,927,708, compared to EUR 544,745 for the last year.

Loss before tax was EUR 6,880,181, compared to EUR 493,069 for the last year. Loss attributable to equity holders of the parent was EUR 6,897,795 or EUR 0.59 per basic & diluted share, compared to EUR 232,110 or EUR 0.02 per basic & diluted share for the last year. Cash outflows from operating activities were EUR 512,504, compared to cash inflows from operating activities of EUR 697,444 for the last year.

Purchase of property, plant and equipment was EUR 1,335,059, compared to EUR 958,091 for the last year. Negative EBITDA was EUR 6.5 million, down EUR 6.4 million, compared to EUR 0.1 million last year. Negative adjusted EBITDA was EUR 1.0 million, down EUR 0.9 million, compared to EUR 0.1 million last year.