2024 was a transformative year for B90. Adjusted EBITDA turned to positive €0.7m from a €3.3m loss in 2023. The turnaround was largely driven by the acquisition of Emwys, the shift to a B2B operating model, and the appointment of a largely ex-Sportingbet leadership team. B90 now has a solid foundation to continue delivering strong and profitable growth. We forecast that revenue grows 66% in 2025 but Adjusted EBITDA grows 53%, as management increases investment in growth following the verificatio ....
