Record Third Quarter Revenue and EBITDA
The company generated record third quarter revenue of $39 million, up 21% year-over-year, and adjusted EBITDA grew 3% to $13 million.
Sports Data Services Business Growth
The sports data services business grew over 300% year-on-year in the third quarter, becoming a significant future growth area for the company.
OpticOdds Revenue Doubling
OpticOdds, the enterprise solution for sportsbook operators, doubled its revenue year-over-year, reflecting growth in both customers and revenue per customer.
EGR Affiliate of the Year Award
The company's marketing business won the EGR Affiliate of the Year Award for the third time, highlighting its leading position in the online gambling affiliate industry.
Strong Free Cash Flow
The company generated $9.6 million in free cash flow with a strong cash conversion from adjusted EBITDA of 74%.