ZEAL Network SE (TIMA.DE) Wednesday said its EBITDA, or earnings before interest, taxes, depreciation, and amortization for the first half increased 76% to 35.4 million euros from 20.1 million euros in the same period a year ago.
Revenues grew by 32% to 101.5 million euros from 76.8 million euros last year.
Number of monthly active customers for lotteries increased 12% to 1.515 thousand.
"Challenging market conditions particularly underscore our operational excellence. The significant increases in revenue and EBITDA were driven by further expansion of our customer base and profitability," said Andrea Behrendt, CFO of ZEAL.
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