Aspire Global: Reaching New Heights
Research Update
2020-08-28
07:20
Redeye raises Aspire Global´s fair value on the back of an impressive report for the second quarter. Both revenues and earnings came in well above our estimates, boosted by a much stronger Corona impact than expected. The company is also continuing to expand its business with new B2B agreements in new markets, and Pariplay is going from strength to strength. The valuation multiples for the online gambling industry have also increased, and we continue to see a significant upside in the share.
Jonas Amnesten
Tomas Otterbeck
Disclosures and disclaimers