on Samba Digital, Inc (isin : US79589A1007)
Transfer of Samba Digital to Euronext Growth Lisbon
Samba Digital, a global player in sports marketing, has obtained approval from Euronext Admissions to transfer its shares from the Access compartment to the Growth compartment of Euronext Lisbon. This change, effective January 10, 2025, aims to increase Samba Digital's visibility and attract institutional investors specialized in growth midcaps.
At the same time, the company continued its integration with four operational subsidiaries in various countries, thanks to the implementation of a new ERP. This strategy strengthens operational efficiency, effective from January 2025.
Sports betting regulations in Brazil have delayed some projects, however, Samba Digital maintains its target of an EBITDA of €2 million on a turnover of €8 million, thanks to rigorous management of resources.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Samba Digital, Inc news