The rise of revenues posted by the digital sports media firm is of 37 per cent
The digital sports media company Perform Group from the UK was pleased this week pleased to post its rise in revenues for the half year. The increase is by 37 per cent, and profit adjusted after tax stood at GBP 11 million ? an increase of 28 per cent.
To GBP 92.4 million rose year-on-year sales and EBITDA went up by 27 per cent to GBP 15.6 million.
It was also reported by the company that its renewal deals with licensees for the streaming product Watch&Bet live are progressing well. The number of licensees increased to 44, by 4, from the same period of last year as the content of the service was upped by 14 per cent.
The company said it is making a very good progress with its deals for renewals with the licensees for the live streaming product Watch&Bet.
As reported by the management, twenty prospective new licensees were in negotiations with the company.
Oliver Slipper, the CEO, added that there are updates being demonstrated to prospective and existing customers, and expressed the opinion that these changes will strengthen the position of Watch&Bet as a key product for the industry of online sports betting.