Stockholm Nasdaq-listed sports betting software and platform provider Kambi Group Plc (Kambi) has been ranked in the top 1000 fastest growing European business enterprises by The Financial Times.
Kambi specialist in sportsbook provisions placed 657 in the inaugural FT 1000 list, which was compiled alongside data provider Statista.
Presenting the list, The Financial Times said of the list that innovative and fast-growing companies are the ‘driving force of the European economy in the 21st century’, generating jobs and sustaining Europe’s competitiveness.
The ranking is determined by growth in revenues between the years 2012 and 2015, with only those companies generating revenues of at least €100,000 in 2012 and at least €1.5 million in 2015 qualifying.
Kambi reported revenue of €19.1 million in 2012, and €47.7 million in 2015, an increase of 150%.
Updating the media, Kambi CEO Kristian Nylén commented on his firm’s achievement: “To be named among Europe’s fastest growing companies by a publication as prestigious as the Financial Times is a real honour and further evidence of Kambi’s position as sports betting’s premium and secure choice.
“I would like to thank every member of our hardworking team. Without their talent and dedication, this would not have been possible.”
To see the full Financial Times Europen 1000 list, please visit https://www.ft.com/reports/europes-fastest-growing-companies