Finance Group posts 66% Q2 revenue rise after IPO

Affiliate giant launched three new US sports betting brands in the quarter but strongest growth still came from UK and Europe Group has reported a 66% year-on-year rise in Q2 revenue to $10.4m (£7.6m) during its first interim financial results as a Nasdaq-listed public company. The affiliate posted adjusted EBITDA of $5.5m for the period to mark an annual increase of 46%, corresponding to an adjusted EBITDA margin of 53%. The revenue increase was due…

Affiliates | Charles Gillespie | Finance | Group | Q2 2021 | US | US sports betting