Shares of FirePay\’s parent company climbed 16 per cent during the first day of trading.
The company provides its payment processing services to over 300 online gambling operators, representing approximately 1,500 websites, and for the year ended 31 December 2004, the business delivered profit before tax of $14.8 million on turnover of $43.0 million.
Numis Securities placed 20 per cent of the company raising £24.1 million, while the balance has been retained by Montreal-based Optimal Group.
Calculators
