Underlying NGR is an indicator of the Group’s top-line growth. It is revenue retained from the amounts staked after paying out customer winnings and deducting customer incentives. Underlying NGR increased by 6% in the year with all business units in growth.
Underlying operating profit provides a picture of the underlying performance and is a key indicator of the Group’s success in delivering top-line growth while controlling costs. Underlying operating profit decreased to an operating profit of £19.1m.
Net debt is calculated as total borrowings less cash and short-term deposits. Net debt increased in the year due to the £172.9m.
Underlying EBITDA is earnings before interest, tax, depreciation, amortisation and separately disclosed items. It is calculated by taking underlying operating profit before separately disclosed items and adding back depreciation and amortisation. Underlying EBITDA for the year decreased to £77.1m.
EPS is a key indicator of the Group’s growth after allowing for all costs including separately disclosed items. EPS decreased to a loss of 20.4p.
Underlying EPS is a key indicator of the Group’s growth before allowing for separately disclosed items. Underlying EPS decreased to 1.2p.
Dividend per share is the sum of declared dividends issued by the Company for every ordinary share outstanding.
Taking account of the continued challenging trading environment and the strong pipeline of investment opportunities to drive revenue and profit growth, the Board has not proposed a full year dividend but expects to recommence dividend payments as soon as circumstances permit.