SKS365 Malta Ltd.
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SKS365 Malta Ltd. - overview
Established
2009
Location
-, -, Malta
Primary Industry
Travel & Leisure
About
Based in St Julian’s, Malta, and founded in 2009, SKS365 Malta Ltd. operates as an online and sports betting company. In November 2023, the firm was acquired by International Game Technology PLC's Italian Business, a portfolio company of Apollo Global Management and Gamenet Group S. p.
A. , for EUR 639 million. The firm as of November 2023, is led by its CEO, Alexander Martin, and CCO, Troy Cox. The sports betting and gaming company delivers responsible, safe, and sustainable entertainment.
SKS365's brands, including the flagship Planetwin365 (Video Lottery Terminals) and PlanteSpin365, provide a multichannel gaming experience online and in over 1000 physical shops. Through brands like Calcio. com and Planetwin365. news, the company offers analysis, prediction, and information on different sports, and PlanetPay365 offers payment solutions.
The November 2023 acquisition will provide the company with new opportunities and broaden its product and service offerings.
Current Investors
Lottomatica SpA
Primary Industry
Travel & Leisure
Sub Industries
Casinos & Gambling
Website
www.sks365.com/
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SKS365 Malta Ltd. - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 234,342,000 | 224,805,000 | 226,266,000 | - | - | - |
| % Revenue Growth (YoY) | - | (4.1%) | 0.6% | - | - | - |
| EBITDA (USD) | 31,002,000 | 2,351,000 | 13,345,000 | - | - | - |
| Operating Income (USD) | 20,642,000 | (9,148,000) | (2,008,000) | - | - | - |
| Operating Margin | 8.8% | (4.1%) | (0.9%) | - | - | - |
| % EBITDA Margin | 13.2% | 1.0% | 5.9% | - | - | - |
| NET Income (USD) | 9,653,000 | (14,835,000) | (17,776,000) | - | - | - |
| % Net Margin | 4.1% | (6.6%) | (7.9%) | - | - | - |
SKS365 Malta Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SKS365 Malta Ltd. | - |
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