{"id":11,"date":"2024-06-10T12:07:12","date_gmt":"2024-06-10T09:07:12","guid":{"rendered":"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/"},"modified":"2024-06-11T10:44:20","modified_gmt":"2024-06-11T07:44:20","slug":"blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016","status":"publish","type":"post","link":"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/","title":{"rendered":"Blue-blood Recreation Experiences Soaring Profits and Strong Growth in First Half of Fiscal Year 2016"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-6zy4q8XEW4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Blue-blood Recreation witnessed its earnings soar to AU$1 billion (roughly \u00a3490 million) in the half-year ending March 31st, representing a 47% increase compared to the corresponding period last year.<\/p>\n<p>The entertainment powerhouse declared a net income after taxes and before amortization of acquired intangibles (NPATA) of AU$183.2 million, a substantial 66% year-over-year leap.  Profit before interest, taxes, depreciation, and amortization (EBITDA) also experienced remarkable expansion, hitting AU$372.4 million, a 53% rise.<\/p>\n<p>This exceptional showing was ascribed to various elements, encompassing Blue-blood Recreation&#8217;s growing presence in its primary North American and Australian markets,  elevated average earnings per unit, and a boost in daily charges.  The firm&#8217;s online social gaming division also played a crucial part, generating sustained profit increases and unprecedented daily active players.<\/p>\n<p>Moreover, Blue-blood Recreation successfully trimmed its net debt (cash) from AU$1.48 billion to AU$1.23 billion, lowering its net debt to EBITDA ratio from 2.9 times to 1.9 times. <\/p>\n<p>A particularly notable aspect is that despite a considerable surge in the Australian direct sales market during this timeframe, recurring revenue streams still constituted a robust 50% of overall revenue.<\/p>\n<p>Jamie Odell, Chief Executive Officer of Blue-blood Recreation, conveyed his contentment with the company&#8217;s results, remarking, &#8220;Blue-blood Recreation delivered a robust performance in the initial six months of fiscal 2016, signifying our tenth consecutive quarter of profit expansion.&#8221;<\/p>\n<p>Looking forward, Odell anticipated that NPATA for the latter half of the 2016 fiscal year would be &#8220;generally consistent&#8221; with the first half.<\/p>\n<p>The market responded positively to this encouraging news, with Blue-blood Recreation&#8217;s stock price on the Australian Securities Exchange experiencing a minor uptick from AU$12.43 to AU$12.45 on Thursday. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blue-blood Recreation witnessed its earnings soar to AU$1 billion (roughly \u00a3490 million) in the half-year ending March 31st, representing a 47% increase compared to the corresponding period last year. The entertainment powerhouse declared a net income after taxes and before amortization of acquired intangibles (NPATA) of AU$183.2 million, a substantial 66% year-over-year leap. Profit before [&hellip;]<\/p>\n","protected":false},"author":96,"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>Blue-blood Recreation Earnings Skyrocket 47% to AU$1 Billion<\/title>\n<meta name=\"description\" content=\"Entertainment powerhouse Blue-blood Recreation saw earnings soar to AU$1 billion in the half-year ending March 31st, a 47% jump fueled by strong growth across its portfolio.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blue-blood Recreation Experiences Soaring Profits and Strong Growth in First Half of Fiscal Year 2016\" \/>\n<meta property=\"og:description\" content=\"Entertainment powerhouse Blue-blood Recreation saw earnings soar to AU$1 billion in the half-year ending March 31st, a 47% jump fueled by strong growth across its portfolio.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Enthusiasts Gather for Secure &amp; Licensed Fun\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T09:07:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:44:20+00:00\" \/>\n<meta name=\"author\" content=\"Lily &quot;Lotus&quot; Boone\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily &quot;Lotus&quot; Boone\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/\",\"url\":\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/\",\"name\":\"Blue-blood Recreation Earnings Skyrocket 47% to AU$1 Billion\",\"isPartOf\":{\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-10T09:07:12+00:00\",\"dateModified\":\"2024-06-11T07:44:20+00:00\",\"author\":{\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/#\/schema\/person\/a8e509c429c865be7a0aefdc096b4dfd\"},\"description\":\"Entertainment powerhouse Blue-blood Recreation saw earnings soar to AU$1 billion in the half-year ending March 31st, a 47% jump fueled by strong growth across its portfolio.\",\"breadcrumb\":{\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/2024\/06\/10\/blue-blood-recreation-experiences-soaring-profits-and-strong-growth-in-first-half-of-fiscal-year-2016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/gossipslotsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blue-blood Recreation Experiences Soaring Profits and Strong Growth in First Half of Fiscal Year 2016\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gossipslotsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/gossipslotsnodepositbonus.icu\/\",\"name\":\"Where Casino Enthusiasts Gather for Secure &amp; Licensed Fun\",\"description\":\"Explore the latest trends and opportunities in online gambling with our up-to-date news, honest reviews, and expert articles. 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