Sports betting technology provider Kambi Group Plc. continued its winning streak during the first three months of the year after closing 2017 with record quarterly revenue.

In a regulatory filing, the Stockholm-listed firm announced that its revenue climbed 15 percent to €16.4 million ($20 million) in the three-month period that ended March 31, 2018, compared with €14.2 million ($17.29 million) recorded in the previous year period.

Kambi’s operating profit, on the other hand, grew 42 percent to €2 million ($2.44 million) in the first quarter of 2018 compared to €1.4 million ($1.71 million) during the same period last year. The company’s profits after tax was at €1.5 million ($1.83 million), an increase of 36% from (€1.1 million) $1.34 million in the same period in 2017.

The Swedish tech firm’s solid first quarter revenue was chalked up to the better-than-average sports margin of 7.9 percent and new customer wins, according to Kambi executive Kristian Nylén.