Betsson reports growth in 2023

Betsson reports growth in 2023

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Betsson reports growth in 2023

Betsson’s latest financial report has detailed numerous increases in the firm’s figures throughout 2023.

One of the new report’s key figures was a 22% increase in Betsson’s FY2023 revenue, which went from just over 777 million euros generated over the course of last year to 948 million euros and represented an organic growth of 40%. This led to a 52% increase in the company’s EBITDA, which went from 172 million euros to 262.7 million euros. Betsson’s operating and net incomes experienced increases throughout the period as well, with the former going from 131 million to 211 million euros while the latter grew from 115 million to 173 million euros.

The report continued by highlighting Betsson’s performance in the last quarter of the year, which included many similar increases. The firm’s Q4 revenue grew by 14% from 221 million euros to 252 million euros, while its EBITDA grew by 40% in the three-month period from 51 million to 72 million euros. The company broke down its total revenue by its gambling and wagering operations, with the former experiencing a 25% year-over-year increase while the latter decreased by 5%.

Lastly, the report mentioned a few other of the firm’s key figures, such as Betsson’s active customer base in the final quarter of the year, which experienced a 6% decrease from 1.4 million to 1.3 million players.

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