Strong Revenue Growth
Group revenue increased by 20% year-on-year to $144 million, with the betting business growing 44% year-on-year to $107 million.
Significant Margin Improvement
Group adjusted EBITDA nearly tripled from $7 million to $20 million, with a margin expansion of 800 basis points to 14%.
Expanded NCAA Partnership
Extended partnership with NCAA through 2032, securing exclusive data rights for March Madness and all post-season tournaments at no out-of-pocket cost.
Launch of New Products
Introduced semi-automated offsite technology (SAOT) with the English Premier League and expanded BetVision for soccer, expected to cover 18,000 games.
Share Repurchase Program
Announced a $100 million share repurchase program, reflecting confidence in cash flow outlook and capital allocation strategy.