{"id":254,"date":"2024-06-27T03:42:40","date_gmt":"2024-06-27T00:42:40","guid":{"rendered":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/"},"modified":"2024-06-27T03:42:40","modified_gmt":"2024-06-27T00:42:40","slug":"patoush-reports-record-revenue-growth-in-2021-22-fiscal-year","status":"publish","type":"post","link":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/","title":{"rendered":"Patoush Reports Record Revenue Growth in 2021-22 Fiscal Year"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/PsoY2cl_oXk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Patoushs fiscal year revenue surged by a remarkable 81.8% year-over-year, with its complete financial report for the period ending October 31, 2022, revealing a total gaming revenue (GGR) of \u20ac636.7 million (\u00a3563.1 million\/$629.5 million).<\/p>\n<p>This represents a substantial increase of 81.8% compared to the \u20ac350.2 million GGR generated by Patoush in the 2020-21 fiscal year.<\/p>\n<p>Slot machines produced the highest GGR for Patoush during the year, reaching \u20ac500 million, more than double the \u20ac224.6 million from the preceding year.<\/p>\n<p>Patoushs non-electronic games contributed \u20ac68.2 million to the total GGR, up from \u20ac61.4 million in the previous fiscal year, while electronic games GGR climbed sharply by 131.8% to \u20ac68.4 million.<\/p>\n<p>No sports betting GGR was recorded for the year.<\/p>\n<p>After Patoush paid \u20ac331.1 million in gaming taxes &#8211; a further increase from \u20ac134.2 million in 2020-21 &#8211; net income for the year was \u20ac305.5 million, an increase of 41.5%.<\/p>\n<p>Total revenue of \u20ac86.1 million &#8211; excluding net gaming revenue &#8211; plus a cost loss of \u20ac2.8 million related to the loyalty program, brought Patoushs total consolidated revenue to \u20ac388.8 million. This is a 52% increase compared to the \u20ac255.7 million recorded in 2021.<\/p>\n<p>Consolidated revenue was also higher than the total for 2020, which was \u20ac343.5 million. However, this is still a significant decrease from the \u20ac410.8 million revenue recorded in 2019, before the pandemic.<\/p>\n<p>Of this total turnover, \u20ac352. <\/p>\n<p>The gambling establishment&#8217;s activities produced earnings of \u20ac4 million, a rise of 69.6% annually. Lodging income contributed \u20ac27.9 million to the overall earnings, while other operational earnings reached \u20ac43.4 million.<\/p>\n<p>Operational Earnings<br \/>\nIncome was affected by numerous expenditures. The most significant was staff costs, totaling \u20ac168 million, a rise of 61.2% annually.<\/p>\n<p>Purchases and external expenses decreased by 6.9% to \u20ac122 million. The third largest expense of the year was depreciation and impairment of fixed assets, at \u20ac51.5 million, an increase of 4.7% annually.<\/p>\n<p>Other expenses included membership fees and taxes, as well as other operational expenditures.<\/p>\n<p>This resulted in an operating profit of \u20ac23.1 million for the year, an increase of \u20ac69.5 million.<\/p>\n<p>Other non-current operating income amounted to \u20ac3.5 million, and this, plus the outcome of the sale of consolidated holdings, at \u20ac14.1 million, brought total operating income to \u20ac40.7 million, an increase of 86.2% annually.<\/p>\n<p>Financial costs totaled \u20ac2.3 million, bringing pre-tax profit to \u20ac38.4 million, an increase of \u20ac87.7 million.<\/p>\n<p>After considering income tax of \u20ac0.5 million, VAT of \u20ac1.7 million and equity method adjustments of \u20ac0.1 million, total net profit for the year amounted to \u20ac37.1 million. This represents an increase of \u20ac93 million compared to the same period last year.<\/p>\n<p>Sign up for the iGaming newsletter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Patoushs fiscal year revenue surged by a remarkable 81.8% year-over-year, with its complete financial report for the period ending October 31, 2022, revealing a total gaming revenue (GGR) of \u20ac636.7 million (\u00a3563.1 million\/$629.5 million). This represents a substantial increase of 81.8% compared to the \u20ac350.2 million GGR generated by Patoush in the 2020-21 fiscal year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Patoush Revenue Soars 81.8% in 2022<\/title>\n<meta name=\"description\" content=\"Patoush\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Patoush Reports Record Revenue Growth in 2021-22 Fiscal Year\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Patoush\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Ultimate in Casino Excitement | Licensed &amp; Secure\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T00:42:40+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/\",\"url\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/\",\"name\":\"Patoush Revenue Soars 81.8% in 2022\",\"isPartOf\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T00:42:40+00:00\",\"dateModified\":\"2024-06-27T00:42:40+00:00\",\"author\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Patoush\",\"breadcrumb\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/27\/patoush-reports-record-revenue-growth-in-2021-22-fiscal-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/funclubcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Patoush Reports Record Revenue Growth in 2021-22 Fiscal Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/funclubcasinonodepositbonus.icu\/\",\"name\":\"Experience the Ultimate in Casino Excitement | Licensed &amp; Secure\",\"description\":\"Immerse yourself in the excitement of licensed online gambling through our up-to-date news, honest game reviews, and informative insights. 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