Better Collective has reported a revenue rise of 44% to 52.8 mEUR (Q4 2020: 36.7 mEUR). Organic revenue growth was 25%.The continued large increase in NDCs sent on revenue share contracts has significantly increased future recurring revenue in its publishing business but also had a short term dampening effect on revenue and earnings.

Combined with an ex- ceptionally low sports win margin, we have estimated an effect of approximately 6 mEUR in the quarter compared to historical average. Revenue grew by 94% to 177.1 mEUR (FY 2020: 91.2 mEUR), with organic growth of 29%.

Jesper Søgaard, Co-founder & CEO of Better Collective, commented:“An all-time high intake of NDCs and an overall strong performance of our business mark the ending of 2021 – a year of many new opportunities for Better Collective. We managed to deliver growth of 44% over that of last year’s Q4. Our US business delivered prime results following the start of the NFL season, and contributed almost 40% to the total quarterly Group revenue. “