Tag Archives: Jesper Sogaard

Better Collective A/S has commenced a €50m cost reduction programme to “streamline operations and align its investment base with market dynamics”. In October, the Stockholm- and Copenhagen-listed media group notified markets of a forthcoming streamline as  year guidance for 2024 was downgraded to a revenue range of €355m to €375m, from its previous target of over €395m. Revised targets saw …

Better Collective A/S has announced that it will enter a ‘streamlining process’ to optimize its group performance following major acquisitions and changes in key market outlooks. The Stockholm-and-Copenhagen listed media group made this decision after leadership’s assessment of Q3 trading. Preliminary Q3 2024 results show Better Collective reporting unaudited revenues of €81m, combined with an EBITDA before special items of …

Better Collective A/S maintains confidence in achieving its upgraded full-year financial objectives, despite reporting flat EBITDA results during Q2 trading. Publishing its Interim H1 2024 accounts, the Stockholm and Copenhagen joint-listed iGaming media group’s year-to-date revenues stand at €194m, up 17% on 2023 YTD comparatives of €166m. Revenue growth was maintained by Better Collective, generating a 27% increase in Q2 …

Better Collective A/S has reaffirmed its position as global gaming’s most valuable media firm following a positive opening to 2024 trading. In Q1 2024, the joint-listed media firm in Stockholm and Copenhagen achieved €95m in revenue, an 8% increase from Q1 2023’s €88m. Like-for-like recurring revenues reached €53m, making up 57% of group revenues. This is a 14% increase from …

Better Collective A/S states that it has exceeded financial expectations in revenue and earnings following a transformative year for its business, which acquired seven new media properties for €300m. Year-end trading sees the Stockholm and Copenhagen listed media group’s revenues stand at €327m (FY2022: €269m), alongside an EBITDA result of €110m (FY2022: €85m). Corporate results outperformed the enhanced targets of …

Better Collective A/S maintains its full-year financial targets, reporting on its most eventful quarter in business, executing strategic M&As, opening its new office in Copenhagen, and finalising its dual-listing on the Danish Nasdaq. Publishing its Q3 trading update, Better Collective registered corporate revenues of €75m, up 26% on 2022 comparative results of €60m. Investors were informed that recurring revenues accounted …

Better Collective A/S has struck definitive terms to acquire Toronto TSX-listed Playmaker Capital for a total consideration of €176m. Executing its second-largest M&A transaction, Better Collective will expand its media network across North and South America, taking control of Playmaker’s extensive coverage of sports portals including FutbolSites, Yardbarker, and The Nation Network. Of distinction, Playmaker’s media portfolio attracts over “200 …

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 …

Better Collective has strengthened its standing in the Danish market whilst also solidifying one of the key pillars of its global strategy via a takeover of Tipsbladet. The transaction was conducted at a purchasing price of €6.5m. The football media site will be incorporated into the company’s international portfolio of sports betting content web pages from 2 October. A Danish-founded …

Transatlantic business is at the forefront of Better Collective’s post-Q2 agenda as it continues to target a standing as ‘the leading digital sports media group’, CEO Jesper Søgaard reiterated to investors. Whilst Better Collective is seeking to maintain its standing in its found market of Europe, the growth opportunities of North and Latin American betting sectors are becoming too alluring …