ACROUD Q1 REVIEW
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Affiliate Monitor Company-by-company Q1 results analysis
ACROUD Q1 REVIEW
LIKE RAKETECH , ACROUD remains a mix of affiliation and affiliate network , with the latter covering the waterfront of how affiliate businesses work . As chief executive Robert Andersson explained the various offerings on the call , Acroud encompasses the Matching Visions network ; the Voonix SaaS offering , which peers use to track revenue and other sources of information ; and the Gambling Cabin , which is the content production and streaming department .
“ We work a lot with SEO , although that ’ s becoming a smaller part and this is part of our risk diversification that we ’ ve been working on over the last few years ,” he said . Acroud also has the paid / pay-per-click advertisement function in-house , which it offers on a sub-affiliate basis and which aggregates a lot of other affiliates through its software .
“ Then we have the media partnerships , which is a trend in the industry and moving towards ,” he added . “ And this is something that ’ s also working really well for us .”
In the first quarter revenue rose 33 % to € 9.3m while EBITDA was up 6 % to € 2.1m . NDCs achieved a record at over 92k . But on a quarter-on-quarter basis , revenue
Chart 16 : Acroud revenue Q221-Q321 (€ m )
11 |
10 |
10 |
9.3 |
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9 8 7
6 5
4 3 2
1 0
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6.2 |
6.5 |
6.5 |
7 |
7.2 |
6.7 |
Q221 |
Q321 |
Q421 |
Q122 |
Q222 |
Q322 |
Q422 |
Q123 |
fell 7 % which Andersson attributed Vella explained something of the to poor sports results in February . product split in the pure affiliation
“ We took a massive hit ,” business . There the majority he said . “ All the likely results of revenue comes from sports happened , which is actually betting which she said was mainly very unlikely , and this is usually related to the paid media business quite bad for sportsbooks . And it had acquired from Catena this affects everyone that has Media . Pokerlistings . com was a big sportsbook , which we “ pretty much stable ,” she added , nowadays have .” while there was a slight decrease New chief financial officer Tricia in casino .
Source : company reports iGB Affiliate Monitor