Online gambling technology provider NetEnt is celebrating an “eventful” 2017, despite the fact that the company “had expected a much better outcome.”

Last week, the Stockholm-listed NetEnt reported revenue of SEK419m (US$52.4m) in the final three months of 2017, a year-on-year gain of 4.7%. Operating profit fell 3.9% to SEK150m as margins fell over three points to 35.8%, but after-tax profit still managed to rise 1.5% to SEK152m.

For the year as a whole, revenue improved 11.7% to SEK1.62b, while operating profit and after-tax profit each gained 9.5% to SEK587m and SEK552m, respectively.

NetEnt CEO Per Eriksson noted that the year saw the company make forced exits from three markets – Australia, Poland, the Czech Republic – that imposed new restrictions on online gambling operations. Eriksson said these exits negatively impacted revenue by 3% in Q4.