press release – London 26 April 2018
FT1000 recognises the company behind Sportito, ASAP Italia as one of the fastest growing companies in Europe with an impressive 514% revenue growth.
The widely recognised British economic and finance newspaper Financial Times’ FT1000 ranking is one of the world’s most recognised ranking in the business world. The 2018 ranking was for 1000 companies from 31 countries in Europe based on their growth in European market from 2013 to 2016.
ASAP Italia is led by the CEO Riccardo Mittiga made its way to “FT1000 Europe’s Fastest Growing Companies” ranking, beating many top companies in the sector.
Sportito, daily fantasy sports platform was founded in 2016 and launched in the United Kingdom. Offering the users a daily fantasy sports platform with more profit and fun than traditional fantasy sports, Sportito is giving the chance to win cash prizes every day without waiting a whole season to finish.
Since the launch, Sportito had a striking growth with user base with a large number of fantasy sports fans. Remarkably, Sportito signed sponsorship deals with 3 historical English football clubs in Premier League and Championship, Burnley FC, Fulham FC and Queens Park Rangers FC as their official fantasy sports partner to introduce a fantasy sports to the football fans.
According to the FT ranking, number one UK Company in the media sector, MOO Print, is in the 930th position, a long way behind Sportito, which rank in the 282nd position. Sportito’s company is the 5th in the media sector and placed alongside top companies in the UK such as New Wave Capital, BlueGlass Interactive and Zopa.
The company has a compound annual growth rate of 83.1% between 2013 and 2016 with a revenue marked as 1.7 M in the year 2016. The impressive record of 514% revenue growth between 2013 and 2016 led the company to enter the 2018 FT1000 ranking.
The main factors behind Sportito’s success is the team, innovation, quality and technology. Top-level managers and a unified team who are ambitious is a great aspiration to the other companies in the market. An above average management with experience, expert skills and good leadership skills is one of the factors why Sportito is in a top position in the market. Providing a better service to the users, the company make sure they are integrated with the latest technological advancements.
Commenting on becoming an entry in FT1000, CEO of ASAP Italia Riccardo Mittiga said, “This is a recognition that fills us with pride and confirms the value of start-ups and their contribution to the recovery of the entire European economic system” he added “this achievement is a motivation to continue focusing on growth and we will continue to grow to achieve our company goals”.
Apart from Sportito Daily Fantasy Sports, ASAP Italia owns several other web platforms including Superscommesse, number one odds comparison website in Italy; Bettingrunner, an international marketplace for sports betting lovers and SuperNews, citizen journalism portal.