SPORTS BETTING
US – Playmaker records revenue rise across the board
By William - 21 March 2022
Playmaker has reported sizeable revenue rises in the company’s financial results for the final quarter of 2021.
Q4 2021 pro forma revenue was $7.5m, a rise of 49 per cent over Q4 2020. 2021 annual pro forma revenue was $23.8m, an organic increase of 91 per cent over the preceding period.
Adjusted EBITDA for the fourth quarter was $2.9m, up 23 per cent, whilst 2021 annual pro forma Adjusted EBITDA was $9.3m, an increase of 119 per cent over 2020
“Our pro forma results for Q4 2021 and full year 2021 demonstrate the continued execution of our strategy. We are acquiring great companies and successfully integrating them to leverage the centres of excellence within each business for the benefit of the entire Playmaker ecosystem,” commented said Jordan Gnat, Founder and CEO of Playmaker.
“Our audience numbers have grown dramatically. We are now generating over 200 million monthly sessions from more than 85 million unique users across Playmaker’s web properties, generating over 50 million monthly YouTube views and 550,000 monthly podcast streams, and reaching more than 100 million fans across all major social platforms.
“We have expanded our distribution channels to deliver relevant content to our fans when they want it, how they want it, and where they want it. Our organic growth has been phenomenal, and we have done it while maintaining a focus on profitability with a 119% increase in pro forma adjusted EBITDA year over year.”
