Record All-Time Quarterly Revenue
Revenue rose 39% year-over-year to $40.6 million, with adjusted EBITDA growing 56% to $15.9 million.
Successful Integration of Acquisitions
The acquisition of OddsJam and OpticOdds has significantly expanded the sports data services segment, with expectations of at least 20% growth in adjusted EBITDA from these businesses.
Strong Subscription Revenue Growth
24% of first-quarter revenue came from subscriptions, transforming the business model to include more predictable revenues.
Solid Performance in iGaming Revenue
iGaming revenues rose 24% year-over-year, reflecting solid organic growth.
Global Market Growth
Revenue grew in all geographic regions, with expectations of continued growth for the remainder of 2025.