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Aspire Global 2021 revenue totals €213m

Supplier Aspire Global has published its interim report for the fourth quarter of 2021, with full-year 2021 revenue standing at a record high of €213m ($241.9m). 

aspire

Overall in Q4, revenue increased by 15% to €50.9m, while pro-forma based revenue saw a rise of 24% reaching €42.6m. 

In contrast to this, EBITDA reduced by 9% to €7.5m, while pro-forma calculated EBITDA increased by 24% to €7.7m. This leads to an overall EBITDA margin of 14.8%.

Total earnings after tax, prior to the €59.7m net capital gain on B2C divestment, saw an improvement of 39% reaching €4.2m. In addition, Q4 saw the earnings per share amounting to €0.09 and €1.37, which includes the capital gain from divestment of the B2C segment. 

Further decreases were felt with EBIT dropping 19% to €5.1m; however, EBIT on a pro-forma basis increased by 25% to €5.3m.

In comparison, Aspire’s full-year revenue total saw an upturn of 32%, reaching €213.3m. Similarly, revenue on a pro-forma basis also increased by 32% to €166.5m. 

More positive results were seen with EBITDA rising by 29% to €35m and equally based on pro-forma, it improved by 45% to €30.4m. This equals a margin amounting to 16.4%.

Aspire’s EBIT for 2021 rose by 26% to €26.3m, while on a pro-forma basis growth was 48% to €21.6m.

Annual earnings after tax, prior to the €59.7m net capital gain on B2C divestment, jumped by 72% to €22.6m. Finally, the report shows that share earnings rose by 64% reaching €0.49, as well as €1.77 including capital gain from divestment of the B2C segment. 

There have been a number of significant events in Q4 for Aspire. Effective 1 December 2021, it has divested its B2C segment while making further progression on its expansion plans in the US, namely through its Pariplay deal with BetMGM.

In addition, Aspire finalised BtoBet’s deal with FanDuel, which sees it providing its PAM for Daily Fantasy Sports in Brazil. Deals were also signed by Pariplay to supply games to Holland Casino in the Netherlands, and also by BtoBet with BestBet24 to provide its sports platform in Poland.

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