Checkd Group reports 38% revenue jump in record year
Manchester-based affiliate praises product development and content launches as core drivers of growth
Checkd Group has reported a 38% year-on-year (YoY) increase in full-year revenue as the affiliate noted growth across its three business divisions.
While the privately owned affiliate did not disclose a full financial breakdown, it reported that it was a record year for the company.
UK-facing Checkd Media revenue jumped 25% YoY, with the firm noting increases in followers and app downloads across its products.
Flagship brand Footy Accumulators led the way as UK brands added added 160,000 followers while Checkd Media’s Betting Hub saw more than 50,000 new downloads.
Elsewhere, the affiliate said its Checkd International division “grew significantly” with the arm now accounting for 16% of total group revenue.
Checkd International, which focuses on North America, launched Flash Picks app in time for the new MLB season and is gearing up for the NFL season to begin on September 7.
Flash Picks also netted 100,000 new followers across Instagram, YouTube and X, formerly known as Twitter.
The group’s technology development arm, Checkd Dev, saw revenue rise 35% YoY. The group cited success around the Sky Sports Fantasy Football product and the continued development of the talkSPORT EDGE app.
Alex Beecham, Checkd Group managing director, said: “The growth we are seeing domestically and in North America is credit to the team setup within the group. We’re continuing to scale the team and operations in each division following the momentum last season.
“We are forecasting similar growth levels this year with new states opening in North America for operators, the Euros this summer and additional betting tech solutions for partners launching,” he added.