In its Q4 report, Aspire Global applauds B2B reorientation and backs NeoGames’ acquisition.

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Aspire Global

Following the disposal of its B2C divisions at the end of last year, Aspire Global has noted the success of its increased focus on B2B operations, while continuing to promote NeoGames’ takeover bid to its shareholders.

According to the Nasdaq-listed gaming solutions provider’s Q4 and full-year trade report, sales increased by 14.7 percent to €50.9 million (2020: €44.4m), but EBITDA declined by 7.5 percent to €7.5 million (2020: €6.2m), with a margin of 14.8 percent (2020: 18.6 percent ).

This EBITDA decline was not reflected in full-year trading, however, with a growth rate of 29.2% recorded to €35.0 million (2020: €27.1m). Revenue for the entirety of 2021, meanwhile, stood at €213.3 million, a 31.8% rise on 2020 earnings of €161.9 million.

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Nassima Azmzm

Nassima Azmzm

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