× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 21 November 2017

Aspire Global posts promising Q3 results

By Caroline Watson
Aspire Global has released its Q3 Interim report for 2017, posting an impressive revenue increase of 26% to €19.3m.

B2B revenue was up 31% to €10.1m, whilst profit (EBITDA) increased a whopping 44% compared with the same period a year prior, from €4.2m.

First time depositors during the first nine months of 2017 increased by 31% to 177,700. However, FTDs increased by an impressive 40% to 63,900 for the three month period.

Aspire Global Chief Executive Officer, Tsachi Maimon commented: “I am pleased to report yet another quarter of strong growth in both revenue and profit; quarter on quarter as well as year on year. We have also expanded our customer base, complementing original key accounts with a number of new partnerships that have quickly reached sizable levels.

“As we execute on our strategy; broadening our offering with new verticals (sport) and entering new regulated markets through strong local partnerships, we are well on our way of reaching double digit growth year on year.

“We continue to look actively for acquisition opportunities and new projects, allowing us to migrate popular casinos to our own platform or leverage our strong position in new profitable ways.

“An exciting example of such initiatives is our investment in Mr. Play in which we have identified an opportunity to team up with industry veterans with a proven track record.

“We will continue to actively look for other acquisition opportunities and in this context review our financing options, including different sources of debt financing.”

RELATED TAGS: Online | Financial | Industry
IN-DEPTH 18 February 2020
A decade to remember

1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
Systems and Software
The Leading iGaming Software Supplier in Asia
Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...