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Playmaker Capital reports $0.7m operating loss for Q2

Playmaker Capital has recorded a 133% top-line increase for Q2, generating $7m in second quarter revenue.

This constitutes a $4m rise year-on-year, though this wasn’t enough to offset an operating loss of $0.7m. The company’s operating income dipped into the red on a year-on-year basis, falling from a positive $0.4m.

Meanwhile, on a pro forma basis – including all acquisitions to date – Playmaker recorded a similar performance. Playmaker’s pro forma revenue was $7.4m, a 10% increase when compared to Q2 of last year.

Pro forma adjusted EBITDA, however, decreased year-on-year, falling by 14% from $2.2m to $1.9m. Again, a similar trend is visible is when Playmaker’s half-year results are taken into account.

  
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