2023 stood out as a year of “significant progress” according to Better Collective CEO Jesper Søgaard.

Better Collective

Commenting on the company’s Q4 results, where flat revenue of €85m helped the company exceed its 2023 revenue target, Søgaard added: “It brings me great satisfaction to witness the ongoing development of engaging sports content and the expansion of our audiences across our sports media brands, all while consistently providing value to our partners.”

EBITDA grew in Q4 by 15 per cent to €47m.

For 2023, revenue was up 21 per cent to €327m on top of 52 per cent growth the year prior.

Better Collective said recurring revenue hit €189m, up 47 per cent.

The group said it is targeting 2024 revenue of between €390m and €420m – growth of up to 29 per cent.