Operator bet-at-home has reported gross 2023 betting and gaming revenue of €46.2m, a decline of 13.7 per cent year-on-year from 2022’s €53.5m.
The figure fell within the forecast range adjusted by the group in October 2023.
Adjusted EBITDA for the group reached €807,000, down from €2.1m in 2022 – in the upper range of the initially announced forecast for the financial year.
The company has projected gross betting and gaming revenue in the 2024 financial year of between €45m and €53m.
Bet-at-home added that EBITDA before special items – which was introduced as an alternative performance measure in 2023 and amounted to €2.4m in 2023 – could reach between -€1m and €2.5m in 2024.
