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If there is a prize for the shortest earnings presentations then in the affiliate space Acroud would walk it . The call lasted 15 minutes .

Yet were such an accolade handed out , it would likely be an indicator that a business was struggling . The signs of distress were most obviously on display in the profit-after-tax figures of a negative € 8m , and this on revenues which were flat at € 9.9m .

The company blamed the paper losses on a further write-down of the Highlight Media business bought in 2016 for SEK280m (€ 24m ) and which entail subsequent considerations totalling € 12.9m .

The Highlight write-down in the fourth quarter came to € 7.2m . However , this was on top of a € 20m write-down in Q3 . All CEO Robert Andersson said was that this was all a “ long time ago ”.

Of more immediate concern was the drop in NDCs which fell 46 % to 45.6k but Andersson brushed away any concerns . “ This is nothing to concern ourselves about in the sense that this is a choice we have made ,” he said . “ We are refocusing our efforts on more high-value NDCs . For example , if you look at an NDC in Latin America compared to the value of an NDC in the UK , it ’ s a big difference .”

Chart 13 : Acroud revenue Q122-Q423 (€ m )

But there is also a big difference stable platform of revenue ,” said in the acquisition cost , he added . Andersson , noting this came “ So , it ’ s just about moving our despite the company having “ a focus to where we have the lot of different companies in our best impact and best return on portfolio , which has led to a risk investments . And that ’ s why we diversification in the industry , if can see that NDCs will fluctuate you will .” based on our strategy and what “ We are not super dependent customers we want to acquire .” on just that one thing works ,”

The other news was the he stressed , pointing to the divestment of the poker business , Voonix SaaS offering , Matching a strategic action that the company Visions , which he said was “ one described as being “ taken against of the better and larger super the backdrop of poker ’ s decreasing affiliate networks ” and The popularity after its initial increase Gambling Cabin , which is one of during the Covid-19 pandemic .” Sweden ’ s largest sports betting communities . Then , finally ,

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“ Even though the world around us is extremely dynamic , we managed to maintain a very

Acroud has what it calls Acore , the casino and old casino sports affiliation , or what was the old Highlight Media .

April 2024