{"id":41,"date":"2024-06-12T01:17:56","date_gmt":"2024-06-11T22:17:56","guid":{"rendered":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/"},"modified":"2024-06-13T12:04:33","modified_gmt":"2024-06-13T09:04:33","slug":"better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip","status":"publish","type":"post","link":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/","title":{"rendered":"Better Collective Posts Strong Q1 2024 Revenue Despite EBITDA Dip"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/fn4YYZ0Aalw\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent sports wagering media conglomerate, Better Collective, announced robust Q1 2024 financial results, achieving \u20ac95 million ($103.12 million) in income, representing an 8% year-over-year rise. This expansion was propelled by a 14% surge in consistent income, reaching \u20ac53.3 million. Although earnings before interest, taxes, depreciation, and amortization (EBITDA) contracted by 13% to \u20ac29 million, the firm stressed that this was anticipated due to an exceptionally strong showing in the corresponding period last year. <\/p>\n<p>Jesper S\u00f8gaard, Co-founder and Chief Executive Officer of Better Collective, emphasized the favorable aspects of the quarter, remarking, &#8220;Q1 was a solid quarter for Better Collective with 8% top-line expansion to \u20ac95 million. Particularly satisfying is the 14% growth in recurring revenue to \u20ac53 million, encompassing substantial user-driven revenue from Playmaker Capital, signifying another high-quality quarter.&#8221;<\/p>\n<p>He further acknowledged the projected EBITDA decrease, stating, &#8220;EBITDA for the quarter reached \u20ac29 million, a 13% decline year-on-year, reflecting the anticipated stabilization following an extraordinary performance in the previous year.&#8221;<\/p>\n<p>S\u00f8gaard also highlighted the strong performance across all regions, particularly in Europe and internationally, which experienced a 20% growth, with 5% being organic. This achievement was attributed to the company&#8217;s broadened presence in various markets, driven by both owned and operated channels and strategic media collaborations. <\/p>\n<p>We were extremely pleased with our first quarter results in the North American region, as it represents a crucial area for our business.  A solid base has been established there, and we enjoy excellent partnerships with all the industry leaders.&#8221;<\/p>\n<p>This favorable trend comes on the heels of Better Collective&#8217;s latest purchase of the sports wagering platform AceOdds for \u20ac42 million just days ago. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent sports wagering media conglomerate, Better Collective, announced robust Q1 2024 financial results, achieving \u20ac95 million ($103.12 million) in income, representing an 8% year-over-year rise. This expansion was propelled&hellip;<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Better Collective Q1 2024: Soaring Revenue, Steady Growth \ud83d\ude80<\/title>\n<meta name=\"description\" content=\"Better Collective reports a HUGE Q1 2024 with \u20ac95 million in revenue, an 8% jump! \ud83d\udcc8 Find out why their consistent income is stealing the show, despite a dip in EBITDA. #sportsbetting #financials\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Better Collective Posts Strong Q1 2024 Revenue Despite EBITDA Dip\" \/>\n<meta property=\"og:description\" content=\"Better Collective reports a HUGE Q1 2024 with \u20ac95 million in revenue, an 8% jump! \ud83d\udcc8 Find out why their consistent income is stealing the show, despite a dip in EBITDA. #sportsbetting #financials\" \/>\n<meta property=\"og:url\" content=\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Curve with Our Licensed Online Casino News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T22:17:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T09:04:33+00:00\" \/>\n<meta name=\"author\" content=\"Dylan &quot;Dodge&quot; Morgan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dylan &quot;Dodge&quot; Morgan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/\",\"url\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/\",\"name\":\"Better Collective Q1 2024: Soaring Revenue, Steady Growth \ud83d\ude80\",\"isPartOf\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-11T22:17:56+00:00\",\"dateModified\":\"2024-06-13T09:04:33+00:00\",\"author\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#\/schema\/person\/4a181dad11cc3cd17542cbb8c3a828e2\"},\"description\":\"Better Collective reports a HUGE Q1 2024 with \u20ac95 million in revenue, an 8% jump! \ud83d\udcc8 Find out why their consistent income is stealing the show, despite a dip in EBITDA. #sportsbetting #financials\",\"breadcrumb\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/better-collective-posts-strong-q1-2024-revenue-despite-ebitda-dip\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Better Collective Posts Strong Q1 2024 Revenue Despite EBITDA Dip\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/\",\"name\":\"Stay Ahead of the Curve with Our Licensed Online Casino News\",\"description\":\"Indulge in the excitement of licensed online gambling with our up-to-date news, comprehensive reviews, and informative insights. 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