Elys Game Technology Sees FY21 Sales Below Street View

by Shivani Kumaresan, Benzinga Staff Writer

March 28, 2022 11:00 AM | 1 min read |

Elys Game Technology Corp ELYS expects a 22% increase in fiscal 2021 sales to $45.5 million, versus the Street view of $47.5 million.
The company sees web-based gross gaming revenue to increase by 74% Y/Y to about $54.9 million.
The company's general and administrative expenses rose 39% Y/Y to $5.3 million, subject to final audit verification.
The company noted it is well-positioned to convert investment in technology into revenue-generating customer relationships in the U.S. and Canada heading into 2022.
Price Action: ELYS shares are trading lower by 2.66% at $2.25 on the last check Monday.