Danish iGaming tool provider Better Collective posted revenue of €9.7 million ($11.3 million) during the second quarter of 2018, up 93% from last year’s €5 million ($5.85 million) for the same period.

In its interim report, company CEO Jesper Søgaard said, “Q2 2018 not only turned out to be the best performing quarter in the company’s history. It also saw Better Collective’s entry on the Nasdaq Stockholm stock exchange, our largest M&A deal to date, and a breakthrough in sports betting legislation in the US.”

Revenue for the first half of the year was €17.2 million ($20.1 million), up 68% from January to June 2017.

The company, however, posted a second-quarter loss of €1.26 million ($1.47 million), in contrast with last year’s €1.47 million ($1.72 million) profit for the same quarter. The loss was attributed to “special items of -3,854 tEUR,” which “include certain IPO-cost and M&A cost that were expensed over the P&L.” For the entire first half of the year, the loss was limited to €123,000 ($144,000).