Establishing a “broad geographical footprint” has been lauded as a significant driver of growth for Aspire Global, with further expansion plans in the pipeline for 2021.
Publishing its Q4 results for 2020, Aspire recorded a 37.6% increase in revenues, rising from €32.2 million in Q4 2019 to €44.4 million. EBITDA also received a boost, with the iGaming solutions provider reporting figures of €8.3 million – up 89.9% from €4.4 million in the corresponding period in 2019
Stating that “all segments showed good growth,” Aspire reports that revenue across its platform business grew by 26.8% and games by 61.7%, with BtoBet, which was consolidated as of October 1, 2020 and reported in the sports sub-segment, adding €2.2m in Q4.
The B2C segment demonstrated growth of 29%, reflecting a continued business momentum combined with the company’s expansion to markets outside Europe.
Tsachi Maimon, CEO of Aspire Global, said: “We have succeeded in establishing Aspire Global as a powerhouse for iGaming operators and see great opportunities for continued profitable growth. Our recent wins with tier 1 operators, our broad geographic footprint in four continents and outstanding offering provide us with a solid base for further expansion.”
“In 2021, our top priorities are to roll out our sports offering in Europe, Africa and Latin America, and to certify the sports platform for future US deals. This will enable us to continue to grow our customer base with tier 1 operators and to build a strong market presence in the US for our B2B offering,” Maimon added.
“Prior to the acquisitions of BtoBet and Pariplay, Aspire Global was a European focused company with revenues mainly from casino. Today Aspire Global is present in four continents and we provide a complete, leading iGaming offering with proprietary games and games aggregation along with a sportsbook, gaming platform and managed services. This is key to our partners when they develop their expansion plans and provides us with competitive advantages,” Maimon concluded.
Source: GMB
