Description
Overview of Full OPAP S.A. Fiscal Year 2023
Research Goals and Objectives
Research Objective: To study OPAP S.A. publicly available financial information, determine the company's development strategy, and compile an overview of its Annual Financial Reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- FY - Financial Year;
- OPAP - Greek Organisation of Football Prognostics S.A.;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- OPAP S.A. report period is from January 1 to December 31, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
Important findings from the report:
- OPAP S.A. is a Greek company operating in the iGaming sector, specializing in sports betting, online casino gaming, and lottery services. Established in 1958, it transitioned into a publicly traded entity in 2001 and is listed on the Athens Stock Exchange with the ticker symbol OPAP.
- In 2023, revenue by regions was: Greece - 1,319.057 million EUR (91.87% of Total Revenue) and Cyprus - 116.716 million EUR (8.13%).
- The company faces criticism and accusations of monopolizing the iGaming business in the Greek market.
