Provider of iGaming solutions for operators and white labels, Aspire Global has revealed record revenue in its 2017 results.
The group detailed €71.9m ($89.8m) yearly revenue, up 18% from the €61m published in the previous year, figures that the company credits to a largely successful fourth quarter. In which, the group’s quarterly revenue increased 27% from the corresponding results to €19.2m.
Tsachi Maimon, chief executive of Aspire, commented: “As we conclude 2017, we can see that our scalable offering and dedicated focus on B2B is really paying off, with an overall growth of 18% in revenue and 25% in EBITDA year-on-year.
“In the fourth quarter, we mobilised to compensate for the income loss from Australia through strong performance in our other markets, while finalising the upcoming launch of sportsbook.
“The fourth quarter is usually our strongest quarter in terms of seasonality, but given the circumstances it was particularly pleasing that December became our best month ever as for revenues.”
Aspire followed a positive 2017 by adding casino products to its portfolio as it partnered with iSoftBet.
This additional game hub grows Aspire Global’s continually growing gaming portfolio, adding new titles licensed in multiple jurisdictions, including the UK, Denmark, Portugal, and COM regions.
At the time, Galit Shani-Michel, VP Product & Technologies at Aspire Global stated: “Integrating iSoftBet with our complete platform solution is yet another milestone for ASG, and we couldn’t be happier about the timing of the launch, enabling us to kick off 2018 with a significant boost to our gaming portfolio.
“We always choose our key projects very carefully, and selected iSoftBet’s game hub solution since we have great confidence in the all-round quality of their extensive offering, as well as the power of their technological solution.”