Nektan PLC has already established themselves as an award-winning international gaming technology platform, and now they are reaping the profits of several shrewd moves and innovations.

On Friday, Nektan announced that revenues had increased by 5.9% to £5.4 million ($7.05 million) for the third quarter in the current fiscal year, which ends on June 30, 2019. B2B revenue contributed the most, increasing by 75% to £0.35 million ($457,241) from £0.2 million ($261,281) in the second quarter. B2B revenue for Q3 FY2019 is also 322% higher than the prior year period.

However, not all of the news at Nektan was good. The company announced that they saw a decline in their B2C revenue, as seasonality and regulations within the United Kingdom and Sweden played significant roles in the declining revenue from the third quarter of 2018.

The company, however, is clearly buoyed by a number of recent innovations and additions that should play a significant role and their revenue numbers topping the third quarter of this fiscal year.