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Aspire Global Q3 interim report shows 46% revenue increase

Aspire Global has released its Q3 2021 interim report, which shows a 46% revenue increase to €58.6m ($67.8m) and a 38% EBITDA increase.

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Important developments in the third quarter and after its end included 39% organic growth year-on-year and B2B revenue growth of over 40% for Q3.

The report also touched on other significant events, such as the agreement to sell Aspire's B2C segment to Esports Technology, the signing of a platform deal with Esports Technology for its Gogawi brand and the strengthening of Pariplay’s position in the Americas (the brand has signed its first contract in Brazil and was granted full supplier licence in West Virginia).

Pariplay additionally signed a deal to provide its games to Holland Casino in the newly regulated Dutch market.

Tsachi Maimon, CEO of Aspire Global, said: “We clearly execute our own growth strategy to become a world-leading iGaming supplier. We are proud and happy with the relationship we have established with Esports Technologies.

"Aspire Global has consistently demonstrated its ability to execute its growth strategy, reach its financial targets and create value. We see great growth opportunities by expanding with existing partners, gaining new partners and entering new markets.

"With the divestment of the B2C segment, we will further enhance investments in our technology and product offering as well as geographic presence with a focus on Brazil and the US. We will also put even more energy into increasing the M&A pipeline. We clearly execute our growth strategy to become a world-leading iGaming supplier.”

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