Betsson AB
Investor Relations

Betsson AB, a stalwart in the realm of online gambling, has carved out a significant niche for itself with operations deeply rooted in offering varied gaming solutions. The company, with its headquarters in Sweden, capitalizes on its comprehensive portfolio of brands that cater to an international audience. At the core of Betsson's business model is its online platform, which provides a wide array of betting options, including sports betting, casino games, poker, and bingo. By focusing on digital interfaces and mobile applications, Betsson ensures a seamless and immersive experience for its users, thereby retaining a robust and engaged customer base. This digital prowess also allows the company to operate across many geographic markets, circumventing traditional physical constraints, which fuels its revenue streams.

Betsson's profitability hinges significantly on its ability to harness data analytics and technological innovation to customize its offerings. The company excels at utilizing player data to optimize user engagement, streamline operations, and tailor marketing strategies, which enhances its competitive edge in a crowded marketplace. By maintaining stringent compliance with regulatory frameworks across various jurisdictions, Betsson mitigates risks and builds trust with its stakeholders—a crucial component for an industry often scrutinized for its ethical implications. Additionally, Betsson's consistent investment in tech infrastructure ensures agile adaptation to industry shifts and evolving consumer preferences. This approach consolidates its position as a leading online gaming operator, balancing calculated risks with strategic growth.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
Apr 29, 2025
AI Summary
Q1 2025

Revenue Growth: Revenue reached EUR 294 million in Q1 2025, up 18% year-over-year and 20% organically, setting the second highest quarterly revenue in company history.

Profitability: EBIT rose 11% year-over-year to EUR 64 million, with an EBIT margin of 21.8%.

Cash Flow: Operating cash flow was EUR 86 million, up from EUR 50 million last year, and cash conversion ratio exceeded 100%.

Regional Strength: Latin America stood out with 70% revenue growth, especially strong performance in Argentina. Revenue from locally regulated markets now makes up 59% of the group total.

Trading Update: Early Q2 average daily revenue was up 17% compared to Q2 2024, supported by favorable sportsbook margins.

B2B Expansion: B2B revenue grew over 30% and now constitutes roughly 31% of group revenue, with a more diversified client base.

New Markets: Betsson obtained licenses and began operations in Brazil, Paraguay, and Poland, but Brazil and Paraguay have not yet contributed materially to revenue.

Key Financials
Revenue
EUR 294 million
EBIT
EUR 64 million
EBIT Margin
21.8%
Operating Cash Flow
EUR 86 million
Gross Profit
EUR 188 million
Gross Margin
64%
Sportsbook Margin
8.0%
Sportsbook Turnover
EUR 1.8 billion
Sportsbook Revenue
EUR 80 million
Earnings Per Share
EUR 0.35 per share
Net Cash Position
EUR 178 million
Equity Ratio
63%
Other Earnings Calls

Management

Mr. Pontus Lindwall
CEO, President & Executive Director
No Bio Available
Mr. Martin Ohman
Chief Financial Officer
No Bio Available
Jonas Rodny
Interim Head of Investor Relation
No Bio Available
Ms. Triin Toomemets-Krasnitski
Vice President of Legal
No Bio Available
Mr. Roland Glasfors
Vice President of Communications & Investor Relations
No Bio Available
Ms. Lena Nordin
Chief Human Resources Officer
No Bio Available
Johan Fagerlund Sjoberg
Legal Counsel
No Bio Available
Mr. Jesper Svensson
CEO of Betsson's operational Subsidiaries
No Bio Available
Mr. Johan Berg
Group Business Controller
No Bio Available

Contacts

Address
STOCKHOLM
Stockholm
Regeringsgatan 28
Contacts
+46850640300.0
www.betssonab.com