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19
Acroud
Umbrella factory
Much as with Raketech , chief executive Robert Andersson said Acroud was best understood as an “ umbrella ” company with a number of separate – and somewhat disparate – businesses under the one roof .
“ We have the super affiliate network with Matching Visions , also the largest pretty much in the industry ,” he said . “ We have the global poker news with PokerListings , we are running Sweden ’ s largest betting and gambling community , and we do have our old traditional casino and sports affiliation , and we have the media buying and partnerships with Fairgrounds in the UK .
“ We have turned into a really sports-centric organisation at the moment .”
Chart 9 : Acroud revenue Q421-Q323 (€ m )
11 10 |
10 |
10.3 |
9.9 |
9 |
9.3 |
8 7 6 5 4 3 2 1 0 |
6.5 |
7 |
7.2 |
6.7 |
Q421 |
Q122 |
Q222 |
Q322 |
Q422 |
Q123 |
Q223 |
Q323 |
Source : company reports |
New CFO Andrzej Mieszkowicz in liabilities and increase in equity .” was given the job on the call of To do this , in Q3 the company explaining the various moves injected further share capital , Acroud has also made to enacted a bond-to-equity right the financial ship in the conversion , saw a shareholder loan background . Noting the company also converted to equity , sold 9 % of exited the quarter on a “ much the media business and removed stronger ” footing , he said this the put option from an earnout was down to a “ massive reduction settlement agreement .
February 2024