Better Collective delivered record fourth-quarter EBITDA of €37 million despite a 2% year-over-year revenue decline to €94.3 million. The digital sports media company achieved a 39% EBITDA margin, exceeding analyst expectations of €35.8 million, as it navigated regulatory headwinds and foreign exchange pressures.
For the full year 2025, revenue fell 9% to €337 million while EBITDA before special items declined 10% to €102 million, still slightly ahead of consensus. The company attributed the top-line weakness to unfavorable sports margins, Brazil regulation impacts, and FX headwinds, though underlying growth reached 7% when excluding these factors.
Better Collective projects 7-12% organic revenue growth for 2026, targeting €360-377 million with EBITDA before special items growing 8-18% to €110-120 million. The company announced a new €40 million share buyback program and set long-term guidance for 2027-2028 targeting EBITDA margins of 35-40%.
Source: Investing.com News · Summarized by HeadlinesBriefing