SportPesa firm makes Sh638m full-year loss

SportPesa chief executive Ronald Karauri. FILE PHOTO | NMG

SPS Sportsoft Limited, the company offering technology support services to SportPesa betting firms, sunk into a £4.1 million (Sh638 million) loss in the year ended December 2020 after its single largest Kenya-based client ceased operations.

The loss reversed the £196,663 (Sh30.5 million) net profit that SPS had made the year before, according to the financial statements prepared by the company’s directors.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.