SAMBA DIGITAL, INC Samba Digital, Inc: 2023 FINAL ACCOUNTS - 2023 Revenue: +44% - 2023 Net profit: +76% - Acceleration of commercial growth in Q1 2024
Transparency directive : regulatory news
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Samba Digital, Inc PRESS RELEASE
2023 FINAL ACCOUNTS
2023 Revenue: +44% - 2023 Net profit: +76% Acceleration of commercial growth in Q1 2024
Lisbon (Portugal) – May 2, 2024 - 1800: Samba Digital, a global player in sports marketing, announces strong growth with its final accounts for 2023
The final accounts for 2023, audited by the Statutory Auditors and published with the CMVM (Lisbon Stock Exchange Regulatory Authority), are as follows:
These results have varied little from the preliminary version released on February 28, reflecting the strong financial performance of Samba Digital.
Continued Growth in Q1 of 2024
In the first quarter of 2024, Samba Digital's activity grew with a 52% increase in revenue to €1.87M, confirming the previous forecast of an annual revenue for 2024 of around €10M, based on an even €/$ exchange.
ABOUT SAMBA DIGITAL
The company develops its expertise in many other sports such as basketball (Orlando Magic in the NBA and FIBA), rugby (World Rugby), golf (Ryder Cup), Formula 1, tennis (Roland-Garros, US Open, etc.). Based in Portugal, Samba Digital also owns Sports Translate and Sport Influencers, two platforms dedicated to the sports industry with over 300 translators and 5,000 influencers available worldwide. Sports Translate provides translation and adaptation of content in 50 languages and dialects and offers video subtitling and dubbing services. Samba Digital is the world’s first sports marketing company to offer these diverse services with an economic model based on flexibility, no bank debt, and a comfortable cash position allowing it to self-finance its investments. Samba Digital is listed on Euronext Lisbon under ISIN PTDGL0AM0003, Mnemonic MLSMB. Contacts:
Regulatory filing PDF file File: Samba Digital - PR Résultats 2023 définitifs - 02.05.2024 |
| Language: | English |
| Company: | Samba Digital, Inc |
| 14 NE 1st Avenue | |
| 33132 Miami | |
| France | |
| Internet: | https://sambadigital.com/ |
| ISIN: | PTDGL0AM0003 |
| AMF Category: | Inside information / News release on accounts, results |
| EQS News ID: | 1894595 |
| End of Announcement | EQS News Service |
1894595 02-May-2024 CET/CEST