Sports betting technology provider Kambi Group closed out 2017 with record quarterly revenue, giving the company “strong momentum” into the new year.

Figures released last week showed Kambi Group (formerly Kambi Sports Solutions) generated revenue of €19m in the three months ending December 31, 2017, one-third higher than the same period one year earlier.

Operating profit nearly tripled to €5m as margins doubled to a borderline obscene 26% and after-tax profit more than tripled to €3.9m.

Kambi CEO Kristian Nylén credited the gains to “an extended run of favorable sporting results, which started in Q3 and continued into Q4 with even greater regularity.” These results were found across all major European football leagues but in particular in the English Premier League, which posted 10 scoreless draws in December alone.