Azerion

Portfolio of companies in different areas, such as gaming and marketing.

Launch date

Feb 2014

Employees

Market cap

Enterprise valuation

CAD512m (Public information from Sep 2024)

Company register number 76450856

Schiphol-Rijk North Holland (HQ)

https://azerion.com

https://twitter.com/weareazerion https://www.facebook.com/OrangeGamesCom https://www.linkedin.com/company/azerion

Revenues, earnings & profits over time

EUR	2021	2022	2023	2024	2025	2026
Revenues	308m	453m	515m	550m	598m	650m
% growth	-	47 %	14 %	7 %	9 %	9 %
EBITDA	35.3m	(78.2m)	42.3m	66.3m	77.1m	91.1m
% EBITDA margin	11 %	(17 %)	8 %	12 %	13 %	14 %
Profit	(19.6m)	(134m)	23.7m	(12.8m)	(2.6m)	10.1m
% profit margin	(6 %)	(30 %)	5 %	(2 %)	-	2 %
EV / revenue	-	1.7x	0.7x	0.5x	0.4x	0.3x
EV / EBITDA	-	-10.1x	8.8x	4.1x	3.3x	2.5x

Date	Investors	Amount	Round
Oct 2017	Eurostars SME programme	N/A	Grant
Dec 2020	N/A	€12.5m	Debt
Apr 2021	N/A	€200m	Debt
Feb 2022*	European FinTech IPO Company 1	€415m Valuation: €1.7b 5.6x EV/LTM Revenues 48.7x EV/LTM EBITDA	SPAC IPO
Sep 2023*	N/A	€165m	Post IPO Debt
Apr 2024*	Citi	€15.0m	Post IPO Debt
Jun 2024*	N/A	€50.0m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

Netherlands 4 Sweden 3 Germany 2 France 2 United Kingdom 2 Finland 1 Spain 1

By Industry

Marketing 7 Gaming 5 Media 2

By Round

ACQUISITION 15 SECONDARY 1

ACQUISITION by Azerion Sep 2017

ACQUISITION by Azerion Feb 2020

ACQUISITION by Azerion Jan 2018

ACQUISITION by Azerion Sep 2021

ACQUISITION by Azerion May 2018

WHOW Games GmbH

ACQUISITION by Azerion Jun 2021

ACQUISITION by Azerion Oct 2019

ACQUISITION by Azerion Jul 2019

ACQUISITION by Azerion Oct 2023