Odyssey Europe Holdco S.á r.l. (“Holdco”) 2024 consolidated annual report is now available on the secured bond investor website at http://oeg-bond.com/.
We will announce in the coming days the date and time of the next investor update call.
The 2024 Group financial results reflect the ongoing transition to digital-led operations. We are pleased with achieving objectives for online growth and expansion, launching new product categories and continuing to gain online market share in the Baltics. The Q4 financial results strengthened our positions heading into 2025.
The Group had revenue growth despite headwinds from geo-political events and softer consumer spending. The strategies supporting digital transformation are working and the business performance is underpinned by geographic diversity in land-based and resilient multi-channel operations.
Select 2024 highlights:
Record online revenues and EBITDA
Croatia online operations began Q2
France OlyBet Brand launched Q4
Partnerships with Stade Toulousain and Paris Basketball
Partnership with World Snooker Tour
Launched OlyBoost energy drink
Baltic Fanzones achieved 100k attendees for summer Euros and Olympics
Going forward, we are focused on gaining online market share in the Baltics, improving Baltic land-based financial performance, developing recently added online markets, and expanding the non-gaming OlyBet brand. We will continue to leverage our market leading land-based operations to support digital acquisition, channel integration, and monetisation objectives.
The coming periods will have key objectives around: 1) expanding online market share, 2) increasing land-based efficiencies, 3) advancing AI and digital capabilities and 4) activating large-scale fan engagements.
I want to thank my CFO, managers, frontline teams, and all the stakeholders supporting the Group.
Best,Corey PlummerChairman and CEO