Toronto-listed gambling technology provider NYX Gaming Group enjoyed a healthy bump in its Q3 figures following its OpenBet acquisition.

Figures released Tuesday show NYX revenue quadrupling to C$54.3m in the three months ending September 30 while net income totaled C$41.3m, a dramatic turnaround from the C$6.5m loss in the same period last year.

The noticeable positive swing came courtesy of NYX’s acquisition this spring of sports betting technology provider OpenBet, as well as a full quarter’s contributions from software suppliers Chartwell and Cryptologic, which NYX acquired at the end of July 2015.

Royalty and license revenue rose 131% to $26.5m, professional services revenue improved to $24.3m from just $400k in Q3 2015, and social gaming revenue more than doubled to $3.1m. However, in keeping with the adage that with great power comes great responsibility, administrative and personnel expenses tripled to $33.8m.