Tag Archives: NASDAQ

Better Collective eyes ‘home support’ with Copenhagen dual listing

Better Collective

Better Collective AS will place its shares on Nasdaq Copenhagen, supplementing the media group’s current trading on Nasdaq Stockholm.  In a corporate filing, the board of Better Collective disclosed plans to co-list the firm’s shares by Q4 2023, pending the fulfillment of customary conditions and approvals. Investors were informed that no new shares would be issued in conjunction with the …

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EEG promotes Villani to CFO for reogranisation 

SBC News EEG promotes Villani to CFO for reogranisation 

Esports Entertainment Group Inc (EEG) has confirmed the promotion of Michael Villani to Chief Financial Officer (CFO), effective from 29 August. Villani served as the interim CFO of EEG following the departure of Damian Mathews in January. Prior to this interim appointment, Villani had served as the financial controller for the Nasdaq-listed firm. EEG highlighted Villani’s credentials, noting his nine-year …

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Codere Online positive of 2024 cash flow following Q2 growth spurt 

SBC News Codere Online positive of 2024 cash flow following Q2 growth spurt 

Codere Online continued its robust momentum in Q2 trading as strides were made across its European and Latin American active markets. The Nasdaq enterprise, which focuses on Spanish-speaking betting markets, reported total revenue growth of 35% year-on-year to €37m (Q2 2022: €34m), with a similar uptick of 34% for net gaming revenue to €39m (€26m). This enabled the company to …

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Raketech ups  2023 guidance on ‘better-balanced product mix’

SBC News Raketech ups  2023 guidance on ‘better-balanced product mix’

Raketech Plc cites confidence in achieving its full-year 2023 financial and corporate objectives, following record-breaking Q2 results.  Publishing its latest trading update, Raketech sees its media network achieve all-time high quarterly revenue of €17.6m. The revenue result reflects a 56% increase on 2022 Q2 comparatives of €11.3m. The Nordic Nasdaq media group underscored “an organic growth of 56.0%” combined with …

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Catena launches new SEK 55m buyback programme

SBC News Catena launches new SEK 55m buyback programme

The board of Catena Media Plc has authorised the company to proceed with a new SEK 55m (€4.8m) share buyback programme. The transaction was ratified at an extraordinary general meeting held on 12 July 2023, following an initial resolution at the annual general meeting on 24 May 2023. Catena explained that “the purpose of the programme is to deliver shareholder …

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Gambling.com 2022 growth dragged by heavy tech and sales expenses

SBC News Gambling.com 2022 growth dragged by heavy tech and sales expenses

Gambling.com Group (GAMB) reports robust financial results for 2022, as the Nasdaq affiliate media firm continues to register double-digit growth in its revenue and EBITDA performance. Strong end-of-year trading saw Gambling.com’s revenue more than double year-on-year to $21.3m (Q4 2021: €10.2m), while its Adjusted EBITDA increased by 202% to $6.9m (Q4 2021: €2.3m). Q4 highlights saw its North American media …

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Codere Online confirms CEO departure as Nasdaq year-1 targets are matched

Codere Online

Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group.  The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business.  A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …

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SportingRisk appoints Andy Phillips as commercial lead

SBC News SportingRisk appoints Andy Phillips as commercial lead

SportingRisk has confirmed the appointment of Andy Phillips as Chief Commercial Officer (CCO) of the dedicated sports modelling and risk forecasting solutions provider. In his remit, Phillips will focus on expanding SportingRisk’s client portfolio and the commercial growth opportunities of new products such as PropFutures –  the firm’s client customised player prop and interval-based markets product. An expert in commercial …

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Codere Online lauds MEX performance ahead of Argentine debut 

SBC News Codere Online lauds MEX performance ahead of Argentine debut 

Codere Online has cited progress on its LatAm market initiatives, led by the acceleration of its Mexican market presence.  Completing its second quarter on the US Nadaq, Codere Online has registered Q2 net gaming revenues (NGR) of €29m, up 41% on comparative 2021 results of €21m. Headline growth was attributed to its Mexican unit recording a period NGR of €12m, …

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EBET cuts headcount by 54% to prioritise igaming profitability

SBC News EBET cuts headcount by 54% to prioritise igaming profitability

EBET Inc has initiated a corporate restructuring plan to improve the long and short-term profitability of its business.  In a statement announced ahead of its Q3 earnings call, the Global Nasdaq listed operator disclosed that it had undertaken “a series of measures to enhance the profitability of its newly acquired igaming assets as well as its existing esports products”. Headline …

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