Better Collective, an affiliate company, revealed its financial performance for Q4 and the entire 2023. In Q4, it earned €85 million, a 7% decrease, with recurring revenue up by 15%.
However, its EBITDA decreased by 16%. The drop was attributed to changes in the US market and tough comparisons with previous periods.
Despite this, cash flow increased significantly. Better Collective also made substantial acquisitions during Q4.
However, its EBITDA decreased by 16%. The drop was attributed to changes in the US market and tough comparisons with previous periods.
Despite this, cash flow increased significantly. Better Collective also made substantial acquisitions during Q4.
