Kambi Group plc Reports 13% Increase in Revenue, Reaching €173.3 Million in 2023

Kambi Group plc has published its 2023 Annual Report and Accounts.
This document is available for download:

Key highlights for Kambi during the year include:

  1. A 13% increase in revenue, reaching €173.3 million, excluding the one-off termination fee from Penn recorded in Q4 2022.
  2. EBITA (acq)* of €25.2 million.
  3. The signing of ten new contracts with operators, including Bally's Corporation, LiveScore Group, and Svenska Spel.
  4. The extension of seven partnerships, including ATG, Betplay, LeoVegas Group, and Rush Street Interactive.
  5. The launch of over 60 sportsbook platforms across multiple markets in Europe, Latin America, and the United States.
  6. The full repayment of the €7.5 million convertible bond previously held by Kindred Group, granting Kambi full control over its future strategic direction.

*EBITA (acq) = Earnings before interest, taxation, Items affecting comparability, and amortization on acquired intangible assets.
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