Stockholm-listed solutions provider Aspire Global bucked the trend to report record results this morning.

Revenues increased by 33.5% to €43.7 million, earnings after tax amounted to €4.5 million. First time depositors (FTDs) increased by 58.9% to 158.6 thousand (99.9). Growth was driven by record high revenues and EBITDA in the quarter driven by a continued good business momentum and players’ preferences during the pandemic to choose online entertainment over landbased.

In July total trading volumes increased to approximately €13.1 million, which is about 19% higher than the average monthly trading volume in Q3 2019.

CEO Tsachi Maimon said “We continue to execute our growth strategy and have taken significant steps in the quarter. One of our objectives is to grow by gaining new partners and to target tier 1 and 2 operators. This strategy has clearly paid off and in the quarter we announced that Caliente.mx, Mexico’s largest sportsbook and gaming operator and BetVictor, one of Europe’s leading iGaming operators, joined as new partners for our game offering. In the quarter we signed five new partners of which one for the Aspire Core platform and four for the game offering.

Four new brands were launched on our platform. It is gratifying to view our list of partners and to see leading brands such as 888, Codere, GVC and Mr.play along with our most recent partners.

Another objective is to grow by expanding into new markets and we took an important step also in this quarter. In Q1 2020 the game offering was introduced in Portugal and Romania and in Q2 2020 the games were certified in Switzerland. Shortly after the certification we announced new partnerships with leading Swiss operators Grand Casino Baden and Casino Davos”

“At Aspire Global we constantly focus on improvements and the execution of our growth strategy. We will continue to grow by winning new partners, entering new markets, enhance the offering and look for M&A opportunities. Thanks to our competitive offering and good business momentum we are confident in our ability to deliver on our 2021 financial targets and to further strengthen Aspire Global’s position as the powerhouse for iGaming operators. I’m truly excited by Aspire Global’s future prospects”.