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Kambi, a leading B2B provider of premium sports betting services, has set ambitious financial targets for the next five years. The company has revealed its plans to increase its revenue, earnings, and margin significantly by the end of 2025.
Revenue Targets
Kambi aims to achieve a compound annual growth rate (CAGR) of 25% between 2020 and 2025, which means the company will have a revenue target of €1 billion by the end of the period. Kambi’s CEO, Kristian Nylén, said that the target is achievable because the company has a proven track record of delivering top-quality sports betting services to its clients.
Earnings Targets
In addition to its revenue target, Kambi has set an earnings before interest, taxes, depreciation, and amortization (EBITDA) margin target of 20% by the end of 2025. The company plans to achieve this target by optimising its operations and improving efficiency in the delivery of services. The target is ambitious but achievable, given Kambi’s experience and expertise in the sports betting industry.
Strategies for Achieving Targets
Kambi has identified several strategies that will help the company achieve its financial targets over the next five years. These strategies include expanding its customer base, increasing its market share in existing markets, and entering new markets.
Expanding customer base
Kambi plans to expand its customer base by offering top-quality services and solutions to its existing clients and attracting new clients in the sports betting industry. The company aims to provide personalized and innovative services to meet the specific needs of each of its clients.
Increasing Market Share in Existing Markets
Kambi will also focus on increasing its market share in existing markets by strengthening its partnerships with operators and leveraging its technology to provide a competitive advantage. The company will also continue to enhance its product offering to attract and retain customers.
Entering New Markets
Kambi plans to enter new markets in the coming years. The company will prioritise markets that offer significant growth potential and have favourable regulatory environments. Kambi’s experience and expertise in the sports betting industry will be critical in its expansion into new markets.
Conclusion
Kambi’s ambitious financial targets demonstrate the company’s confidence in its ability to deliver top-quality services and solutions to its clients. The company’s strategic initiatives to achieve these targets are sound, and with its proven track record and experience in the industry, Kambi is well-positioned to achieve its goals. The next five years will be an exciting time for Kambi and the sports betting industry, and we can expect to see significant growth and innovation in this space.
