Sweden's Acroud Q1 revenue rises on SaaS growth, net loss narrows
Sweden's Acroud Q1 revenue rises on SaaS growth, net loss narrows
Overview
Sweden iGaming affiliate's Q1 revenue rose 18% yr/yr, adjusted EBITDA up 178%
Company's net loss after tax narrowed from previous year
Results driven by strategic investments and operational restructuring, especially in Affiliation Segment
Outlook
Company did not provide specific financial guidance for current or future periods
Result Drivers
AFFILIATION SEGMENT - Revenue and profitability gains driven by stronger sports betting margins and prior investments in diversification and AI infrastructure
SaaS SEGMENT - Record New Depositing Customers and underlying scalability contributed to segment growth, though SEO challenges for some clients created short-term volatility
COST BASE AND EFFICIENCY - Strategic restructuring and investments in 2025 led to improved operational efficiency and a more efficient financial structure
Company press release: ID:nWkr236X8S
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue |
| EUR 11.55 mln |
|
Q1 Adjusted EBITDA |
| EUR 1.24 mln |
|
Q1 EBITDA |
| EUR 1.24 mln |
|
Analyst Coverage
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 1 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)