Toronto-listed online gambling technology provider NYX Gaming Group saw revenue nearly double in 2015 yet posted a net loss for the year.

This week, NYX released its financial reports covering Q4 and FY 2015, which showed strong revenue growth thanks to a year packed with new client deals and major acquisitions, although acquisition and restructuring costs gobbled up all profits (and then some).

Revenue in the three months ending Dec. 31 more than doubled to C$18.4m and adjusted earnings tripled to $1.6m, but net losses increased to $10.7m. For the year as a whole, revenue was up 92% to $52.3m and gross profits gained 86% to $44.8m but the company recorded a net loss of $8.4m, worse than the $7m loss in 2014.

The troubled Ongame online poker product was responsible for $2.9m of red ink in NYX’s Q4 numbers and losses of $11.1m for the year. Earlier this month, NYX announced it was selling Ongame’s European-facing operations – although maintaining a “significant share” of the European-facing business – while retaining the North American rights to the product.