JUE 28 DE MARZO DE 2024 - 17:05hs.
After reporting positive figures

Aspire Global reviews role of B2C segment within the group’s structure

Aspire Global announces a review of its B2C segment, which will assist the firm to focus on its growing B2B ambitions and its market-leading technology, while also accelerating the B2C’s revenue growth and reinforcing the record high revenues it achieved in Q4 2020. The company’s B2C segment reported record high revenues in that period, and comprises the European online casino brand Karamba alongside other local proprietary brands.

The announcement follows Aspire Global’s Q4 and FY 2020 results on February 18 2021, with the company reporting record high revenues of €161.9 million for 2020 and the Group’s EBITDA amounted to a record €27.1 million.

Aspire Global also announced an increase on margins of 16.7% – exceeding consensus expectations.

“We are very pleased with the growth and results recently recorded by the business’ B2C segment, but we think a review will assist us to better assess our options to further accelerate our growth,” Tsachi Maimon, CEO of Aspire Global, comments.

“Such a move could help improve Aspire Global’s overall margins and EBITDA and potentially help us accelerate new B2B initiatives and enter fresh markets,” Maimon added.

“Overall, we are well positioned to capitalise on the array of opportunities available to us in the global, fast-growth iGaming industry,” Aspire Global’s CEO concluded.

Source: GMB