After the completion of its fourth-quarter financial statements, the company's group revenue for 2022 was €777.2 million, up 18% from 2021.  

In Q42022, the company's revenue from the casino section climbed by 27%, but this was not as successful as its sportsbook, which witnessed a 76% growth in revenue.  

EBITDA increased significantly as well, reaching €51.1 million, a 68% annual gain. With a margin of 22.2%, this Q4 growth contributed to its full-year EBITDA increase of 12%.

The company's operating cash flow for the fourth quarter was €75.5m, while its net income for the quarter was €32.7m, or €0.26 per share.  

The corporation did, however, see a major increase in debt; from a profit of €2.5 million to a loss of €65.7 million, debt has increased. 

"We can look back at the best year ever for Betsson with strong growth and profitability, driven by disciplined capital allocation, geographical diversification and investments in new markets, as well as continuous strengthening of the tech platform and product offering," said Betsson Group CEO Jesper Svensson, speaking about the company's Q4 and FY 2022 results.  

"Over the course of the year, EBIT climbed by 11% and sales increased by 18%. For the year, revenue grew by 27% organically. 

Svensson made these comments soon after winning the Global Gaming Awards London 2023's Executive of the Year title.