Aspire Global reports 23.2% increase in revenue

Revenue from the UK and Ireland climbed by 87.7 per cent t
Revenue from the UK and Ireland climbed by 87.7 per cent t

Aspire Global has reported revenue of €161.9m for full-year 2020.

Malta.- Aspire Global has reported revenue of €161.9m for 2020, a rise of 23.2 per cent year-on-year thanks to geographical expansion through acquisitions and an increase in online gaming during the Covid-19 pandemic.

Growth was also seen through the rebranded Aspire Core B2B business and thanks to the inclusion of results from Pariplay.

Revenue from the B2B segment, not including inter-segment revenue, increased 36.7 per cent year-on-year to €110.9m.

The company saw growth in all regions apart from the Nordics where revenue fell 34.9 per cent to €16.4m.

Revenue in the UK and Ireland climbed by 87.7 per cent to €35.1m while the rest of Europe saw revenue increase 18 per cent to €98.2m.

Rest of world revenue soared 183.7 per cent thanks to Aspire’s acquisition of BtoBet.

EBITDA increased 24.9 per cent to €27.1m while comprehensive net profit hit €13.1m, compared to €405,000 in 2019 due to an Israeli tax payment made in that year.

Aspire Global’s chief executive Tsachi Maimon said: “Over the past 12 months we have created a new Aspire Global and established the company as a powerhouse for igaming operators. 

“I dare to be bold and say that Aspire Global has unique assets that give the company a strong position with huge growth potential.

“Prior to the acquisitions of BtoBet and Pariplay, Aspire Global was a European focused company with revenues mainly from casino.

Today Aspire Global is present in four continents and we provide a complete, leading igaming offering with proprietary games and games aggregation along with a sportsbook, gaming platform and managed services.

“This is key to our partners when they develop their expansion plans and provides us with competitive advantages.”

See also: MGA cancels seven licences in H1 2020

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