2009 wasn’t just a bad year for Ladbrokes, PartyGaming and Tiger Woods. The payment processing companies suffered too. Neovia Financial’s figures for last year are about as inspiring as my Cheltenham Festival bets so to date – its earnings before interest tax depreciation and amortisation (EBITDA) halved in 2009 and revenue was down 15%. However, much like the remaining two days of the Festival, there is hope on the horizon, according to Neovia big wig Andrew Gilchrist. He believes the company has turned a corner. Just hope my horses remember to… Read more.
Neovia Financial changes its name and game
March 10, 2011
Neovia makes Optimal acquistion move
January 20, 2011
Payment processor Neovia Financial posts revenue fall, earnings gain
September 29, 2010