# Better Collective - Johtava urheiluvedonlyönnin mediakonserni **URL:** https://forum.inderes.com/t/better-collective-johtava-urheiluvedonlyonnin-mediakonserni/19221 **Category:** Osakkeet **Created:** [Kesäkuu 3, 2021, 7.56pm UTC](https://forum.inderes.com/t/better-collective-johtava-urheiluvedonlyonnin-mediakonserni/19221 "2021-06-03T19:56:39Z") **Posts on this page:** 1 **Showing post:** 206
### Author: ![LappuLiisa](https://forum.inderes.com/letter_avatar_proxy/v4/letter/l/7cd45c/32.png) [@LappuLiisa](https://forum.inderes.com/u/LappuLiisa) #### Post date: [Marraskuu 13, 2024, 9.41pm UTC](https://forum.inderes.com/t/better-collective-johtava-urheiluvedonlyonnin-mediakonserni/19221/206 "2024-11-13T21:41:38Z")
Better Collective Q3. > **[Better Collective reports Q3 - Inderes](https://www.inderes.fi/releases/better-collective-reports-q3)** > > Interim report July 1 - September 30Regulatory release 57/2024Flash highlightsRevenue of 81 mEUR, growth of 8%, organic growth -6%Recurring revenue of 53 mEUR, growth of 14%EBITDA before special... 300 henkilöä sai potkut kun yritys uudelleenjärjestelee toimintojaan. Se on 15% henkilöstöstä. > Following recent large acquisitions as well as a changing market outlook, Better Collective has announced a cost reduction program of more than 50 mEUR. At the end of October, Better Collective made the difficult decision to lay off more than 300 employees, representing more than 15% of the workforce, and certain other operating costs will be reduced to lower levels. With most measures already having been executed, Better Collective is well on track for the cost reductions and tactical adjustments to have full effect from the beginning of 2025. Toimari on erittäin luottavainen ja pidemmän aikavälin tavoitteet pysyivät muuttumattomina > - Long term 2023-2027 targets remain unchanged as per below: > - Revenue CAGR of +20% > - EBITDA before special items margin of 35-40% > - Net debt to EBITDA below 3x Tuossa tuli aika selkeästi syy Brasilian heikkoudelle. Ennen regulaatiota toimijat eivät markkinoi aktiivisesti ja sen takia BetCO ei myöskään saa myytyä tuotteitaan. 2025 kaikki muuttuu, eli tämä vuosi on vain pieni hidaste. > Better Collective notes that several international sportsbooks have reduced activity in anticipation of the official regulation early 2025. This dynamic has affected Better Collective in two ways; Firstly, revenue share income has declined and secondly, there has been a decrease in new depositing customers as partners have limited marketing activity in the period leading up to the regulation. Google-muutoksista: > - On May 5, Google activated a new policy focusing on third-party content across a variety of commercial categories. This impacted the rankings and thereby audience to some of Better Collective’s media partnerships. **The owned and operated sports media portfolio has made up for the decreased performance. Since Q2, Better Collective has not experienced more changes.** --- _[View the full topic](https://forum.inderes.com/t/better-collective-johtava-urheiluvedonlyonnin-mediakonserni/19221)._