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Aspire Global, an iGaming solutions provider for the regulated markets like UK, Denmark, Belgium, Italy and Malta, continues to post strong financial reports. As per the interim financial report of the second quarter, the company’ revenues increased to €24.7 million, a rise of 43%.
The break-down of revenue results is as follows:
- B2B Revenues increased by 39% to €12.4 million
- EBITDA increased by 58% to €5.7 million
- EBITDA margin amounted to 22.9%
- EBIT amounted to €5.2 million
- Earnings after tax from continued operations amounted to €5.3 million
The company attributed the surge in revenues to “the strong performance of several partner brands including Karamba, combined with a great interest in our sports solution that was launched in the first quarter.”
Tsachi Maimon, CEO Aspire Global, said:
“The second quarter was the first full quarter to include revenues from the sports vertical which immediately grew to nearly a tenth of the B2C-revenues and boosted the performance for the two partners who were live with Sportsbook, Goliath and Nossa Aposta. The World Cup contributed to the interest in our product and we hope to maintain momentum as the Champions league starts off in the coming month along with European Club football. We look forward to launching Sportsbook with additional partners going forward.”
Source: European Gaming Industry News
