Better Collective reports revenue growth and exceeds 2023 targets

Super affiliate Better Collective has disclosed preliminary unaudited figures that reflect solid financial performance across the entirety of 2023. 

The company announced total revenue of €327m ($353m) for the full year, surpassing its anticipated range of €315-325m. 

Additionally, Better Collective achieved an EBITDA of €111m, positioning itself at the upper end of the forecasted range of €105-115m. This outcome signifies a growth of 21% in revenue and a notable 31% in EBITDA.

Throughout the year, the company also demonstrated strong operational performance and executed accretive acquisitions, prompting two upward revisions to its financial targets. 

Initially, Better Collective set a target of €290-300m in revenues and an EBITDA of €90-100m at the beginning of the year. Subsequently, the guidance was revised to €315-325m in revenues and €105-115m in EBITDA, both of which were exceeded.

These results come,Online Casino Games for Real Money in large part, courtesy of several high-profile acquisitions that Better Collective made across 2023. This included acquiring Denmark’s soccer media outlet, Tipsbladet, for €6.5m ($6.9m) on 18 September 2023.

More recently, Better Collective also acquired Toronto-based Playmaker Capital on 7 November 2023, a move that aimed to boost its presence in the Americas and expand its global reach. 

The company will provide a comprehensive overview of its Q4 and full-year performance in its report, scheduled for release on 21 February after market close.


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