Better Collective reports revenue of €96 million in Q4

Source: Better Collective

Digital sports media group Better Collective produced €96 million (US$101 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift in revenue in Q4 of 2024 and €63 million (US$66.2 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift in recurring revenue.

Better Collective’s Q4 revenue grew by 13% compared to the previous year, and recurring revenue increased by 28%. Adjusted EBITDA also generated €34 million (US$35.7 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, a 35% margin.

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Better Collective’s North American Q4 figures revealed revenue of €29 million (US$30.5 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, a 6% rise, and revenue share income produced €7 million (US$7.35 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, a 45% yearly increase.

This increase was largely driven by organic growth and the recent acquisitions of sports media company Playmaker Capital and sports betting odds calculator AceOdds.

The 2024 full-year report from Better Collective highlights that revenue reached €371 million (US$390 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, a 14% increase year-over-year. In addition, recurring revenue reached €231 million (US$243 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, a 21% increase. Adjusted EBITDA was reported as €113 million (US$119 million)1 EUR = 1.0500 USD
2025-02-20Powered by CMG CurrenShift, up 2%.

In a statement, Better Collective Co-Founder and Chief Executive Officer Jesper Søgaard said, “As we close this chapter and look forward to 2025, I am incredibly confident about the future of Better Collective. While the road ahead will have its twists and turns, I firmly believe we are stronger, leaner, and better positioned than ever to capture new opportunities and shape the future of digital sports media globally.”