Winter is coming
This is what happens when an intense period of heavy marketing hits the top lines of the recipients of the largesse. If you wanted to make money out of the boom in US sports-betting – and the smaller boom in igaming – then being an affiliate is a good place to start. But in talking […]
Catena Media’s European writedowns
Catena Media Q3 update The top line Revenue estimated at €33.1m, up 33% YoY with North American operations up 124% and now worth 51% of total group revenues. Adjusted EBITDA estimated at €16m, up 33%. German revenue fell 82% over the period and now down to 4% of group revenue. A total writedown of €49.4m […]
Catena Media hit by German hindrance
Catena Media Q2 The top line Revenue up 9% to €30.4m, adjusted EBITDA up 1% to €14.9m, margin was down to 49% vs. 53% in Q220. NDCs were up 34% to 140,025 during the period North American revenues were up 37% and accounted for 41% (33% Q220) of group revenue. Organic growth of 9% and […]
BAH looks to German upside
Bet-at-home Q1 The top line GGR was down 5.5% to €30.5m with NGR down 7.4% to €23.6m. EBITDA fell by 23.1% to €6.9m. Consolidated profit was down 24.7% to $4.4m. Guidance for the rest of the year is for GGR of between €106-118m and EBITDA of between €18-22m. Looking to the future in Germany: In […]