In the second quarter of 2025, Betsson announced revenues of 303.7 million euros, a 12% increase year-over-year, with total revenues for the first half of the year reaching 597.3 million euros, up 15% compared to the same period last year. Despite robust revenue growth, the company's net debt also increased from 93.1 million euros in the same period last year to 151.8 million euros.
The EBITDA for the second quarter was 84.1 million euros, with a profit margin of 27.8%, slightly lower than the 28.6% of the same period last year; operating profit was 69 million euros, up 8%. Revenue growth was mainly driven by the casino (+11%) and sports betting (+15%) sectors, with active user numbers remaining around 1.4 million.
The overall performance for the first half of the year was also strong, with EBITDA reaching 161.8 million euros, operating profit at 133 million euros, net income at 97.3 million euros (0.71 euros per share), and operating cash flow at 127.5 million euros.
The company also announced a sponsorship agreement with Club Brugge in Belgium and the establishment of a new technology center in Malaga, Spain. Additionally, the company has abandoned the acquisition of a Dutch gaming technology company, focusing instead on exploring other strategic opportunities.
CEO Pontus Lindwall stated that the Latin American market, particularly Peru and Argentina, was key to growth this quarter, and the company will continue to focus on product development, responsible gaming, and global expansion to enhance future profitability.