October 2026
Largest Public Companies in Malta
Benchmark revenue and EBITDA valuation multiples for public comps like
Bank of Valletta, Malta International Airport, HSBC Bank Malta, Kambi Group and International Hotel Inv.
 | Bank of Valletta PLC is a public limited company. It provides investment services business. It also provides retail banking services as well as the sale of financial products such as units in collective investment schemes. The group has operating segments which consist of Retail Banking, Wealth Management, Business Banking, Treasury, Associates and Others. The group earns the majority of its revenue from Business Banking. Interest income is the main revenue generating activity. | $3 | +25% | $1.7B | $1.7B | 3.1x | - | ||
| Malta International Airport PLC develops, operates and manages Malta International Airport. Its segments include the Airport Segment provides services such as revenue from airport-regulated fees, aviation concessions and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment include the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment. | $7 | +9% | $1B | $1.1B | 5.9x | 9.7x | ||
| HSBC Bank Malta PLC is a member of the HSBC Group. The Bank provides a comprehensive range of financial services designed to meet the expanding requirements of its large client base of personal and corporate customers. The company's operating segments include Wealth and Personal Banking, Commercial Banking, and Global Markets. It derives maximum revenue from the Wealth and Personal Banking segment, which caters to individual customers, offering personal banking products (current and savings accounts, mortgages and personal loans, credit cards, debit cards, etc.) and wealth management services (insurance and investment products, asset management services, and financial planning services). | $2 | +5% | $616M | $616M | 2.5x | - | ||
| Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-business provider of sports betting services to licensed gaming operators. Its services encompass a broad offering from the front-end user interface through to odds compiling, customer intelligence, and risk management, built on in-house developed software. Kambi has offices in the United States, Sweden, the Philippines, Malta, Denmark, Romania, the United Kingdom, and Australia. Geographically, the majority of its revenue is generated from the Americas. The majority of revenue is from contracts with customers for sports betting services. | $17 | +45% | $447M | $420M | 2.3x | 7.7x | ||
| International Hotel Investments is a Malta-listed hospitality investment and operating company within the Corinthia Group. It was established in 2000 to acquire, develop, own and operate upscale hotels and related real estate in Europe, Africa and other international markets. The group owns or has owned landmark hotel assets in cities including London, Budapest, Lisbon, Prague, St Petersburg, Tripoli and Khartoum. Through affiliated management and project companies it also provides hotel operations, development, construction and technical services. Revenue comes from rooms, food and beverage, property activity, management fees and project services. Istithmar Hotels subscribed EUR 178 million of new cash equity in 2007 and initially obtained about 33% of the company, becoming a long-term strategic shareholder. The investment was intended to fund acquisitions, development and expansion of the Corinthia hotel portfolio. | $1 | -- | $433M | $1.6B | 4.1x | 17.2x | ||
| Go PLC is an integrated telecommunications group, offering an unparalleled range of services: fixed line telephony, mobile telephony, broadband internet services, and digital television. It also provides business-related services, such as data networking solutions, business IP services, cloud services, IPLCs, and managed and co-location facilities. Its operating segment includes Malta Telecommunications Services; Data Centre Services and Cyprus Telecommunications Services. The company generates maximum revenue from the Malta Telecommunications Services segment. | $3 | -4% | $287M | $541M | 1.9x | 5.3x | ||
| Samara Asset Group PLC deploys its assets through Samara Alpha Management, which operates in fund-of-funds, hedge fund seeding and technology platforms. Its purpose is to invest in emerging managers and builders in Bitcoin, fostering their growth and providing strength and guidance for their journey. | $2 | -25% | $226M | $248M | 21.5x | 33.1x | ||
| RS2 PLC is engaged in providing Payments Software and Managed Services. It is involved in the development, installation, implementation, and marketing of computer software for financial institutions under the trademark of BankWORKS and the processing of payment transactions with the use of BankWORKS. Its segments include Licensing of the company's BankWORKS software to banks and Service providers, including maintenance and enhanced services thereto; Processing of payment transactions utilizing the group's BankWORKS software; and Merchant Solutions, which include issuing and acquiring payment solutions directly to merchants, including terminal and PSP gateway services. Its geographic segments include Malta, the United Kingdom and Ireland, the United States, and Other countries. | -- | -- | $86M | $91M | 2.0x | 19.5x | ||
| BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The two reportable segments consist of the Data Centre & Managed IT Services segment and the Mobile Network Towers & Property Holdings segment. It derives maximum revenue from Data Centre & Managed IT Services segment. The Group's revenues are derived predominantly from operations carried out in Malta. | $0 | -12% | $64M | $140M | 3.4x | 10.2x | ||
| Gentoo Media Inc is an affiliate connecting operators and players in the online gambling and sports betting industry, offering an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through its prominent industry sites. The Group operates in two segments, which is Publishing; and Paid Media. It derives maximum revenue from Publishing segment. The publishing segment generates revenue by creating content monetized through ads, subscriptions, or sponsorships. It attracts audiences organically via Search Engine Optimization (SEO), social media, and direct traffic, earning from programmatic ads, direct brand deals, or paywalls. | $0 | -56% | $51M | $174M | 1.6x | 5.2x | ||
| Angler Gaming PLC is a holding company in Malta that invests in companies that offer gaming services over the Internet. Its core business activities are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of the company is generated from Casino revenue, Marketing, and SEO revenue, and Dividend received. | $1 | +75% | $42M | $39M | 1.1x | 7.0x | ||
| GiG Software PLC is a B2B iGaming technology provider offering end-to-end platform, sportsbook, data, and managed services solutions to online gaming and sports betting operators Its technology stack includes player account management, payments, compliance, sportsbook trading, data analytics, automation, front-end systems, and operational services to support online casino and sportsbook operations. The company operates one segment - Platform and Sportsbook Services. Geographically, the majority of revenue is derived from Europe, followed by South America, North America, and the Rest of the world. | $0 | -61% | $39M | $38M | 0.8x | 8.5x | ||
| Catena Media is a Malta-based publicly traded online gambling information and performance-marketing company. It was founded in 2012 by childhood friends Erik Bergman and Emil Thidell, who had run a web consulting agency since 2008 and moved to Malta in 2010, to generate leads for online gambling operators. It expanded rapidly through acquisitions, buying Finix Invest in 2014, eight more companies in 2015, AskGamblers in 2016 for €15 million, the sports betting tips site SBAT.com for €13 million, CasinoUK.com, the football news site Squawka in 2017, BonusSeeker.com, LeapRate and ForexTraders in 2018 and the US sports betting site Lineups.com in 2021. It earns commissions and fees from casino and sportsbook operators for players referred through its websites, which now include thelines.com, LINEUPS, PlayUSA, CasinoBonus360, bonus.com and esports.net. In December 2022 it agreed to sell AskGamblers and its global casino brands to Gaming Innovation Group for €45 million, and it now presents itself as North America's top affiliate for online casino gaming and sports betting, serving operators across the United States and Canada. In 2025 it reported revenue of about €47 million and had 151 employees in Malta, the United Kingdom, Sweden and the United States. | $0 | +12% | $23M | $53M | 1.0x | (8.3x) | ||
| Raketech Group Holding PLC is a marketing tech company that combines performance marketing and traditional performance-based affiliation. It offers a wide portfolio of advertising space and data analysis tools to allow advertisers to maximise the value of their media spend. Its customers range from sports streaming providers and game studios to international betting and casino operators. The company focuses on generating high-quality leads and targeted advertising space by providing relevant and engaging content to users interested in sports, casino, and betting. Raketech also offers its services through sub-affiliation and provides tailored sports data insights, analytics, and predictions directly to consumers. | $0 | -48% | $6M | $4M | 0.1x | 1.1x | ||
| Median | $1 | +0% | $156M | $211M | 2.2x | 8.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.