Affiliate marketing leader, Acroud, has announced remarkable financial performance for the second quarter and initial six months of the year. Their income reached €7.2 million, demonstrating a 16% increase compared to the corresponding timeframe last year. More notably, their earnings before interest, taxes, depreciation, and amortization (EBITDA) experienced a significant rise of 55%, reaching €18 million.
Although this expansion is slightly below the first quarter’s 26% surge, Acroud reached a significant turning point by effectively restructuring its corporate liabilities. This action, which secured €22.4 million in senior secured variable rate bonds, establishes a strong base for Acroud’s future expansion.
Chief Executive Officer Robert Andersson emphasized Acroud’s strategic transition from a conventional comparison platform enterprise to a robust online gaming network. This evolution, he stressed, has yielded a more adaptable business framework with consistent income channels and enhanced profitability.
Prepared to transition into a higher operational tempo and rapidly expand its presence, Acroud expresses excitement in obtaining the financial resources to transform their strategic goals into tangible outcomes,” stated [spokesperson’s name], [spokesperson’s title] at Acroud.
The organization experienced a robust commencement to 2022, realizing a 21% surge in earnings throughout the initial two quarters, culminating in a sum of €14.2 million (equivalent to $14.6 million USD).