Sweden · Delayed Price · Currency is SEK Betsson AB Earnings Call Transcripts
Fiscal Year 2026
-
Revenue reached EUR 285 million with strong B2C growth but a sharp B2B decline, leading to a 47% drop in operating income year-over-year. Latin America and Western Europe drove regional growth, while profitability was impacted by higher gaming taxes and ongoing investments in new markets.
Fiscal Year 2025
-
Q4 2025 revenue was EUR 304 million with a 17.5% EBIT margin, as casino growth offset sportsbook declines. Full-year revenue hit a record EUR 1.197 billion, but profitability was pressured by higher taxes and costs. A EUR 0.66 dividend and share buyback were proposed.
-
Revenue grew 6% year-over-year, with casino at an all-time high and strong gains in Western Europe and Latin America. Net cash reached €220 million, and a €40 million share buyback was launched, while investments in tech and sports sponsorships continued.
-
Revenue grew 12% and EBIT 8% year-over-year, led by strong gains in Latin America and Western Europe. Locally regulated markets now account for 66% of revenue, with continued investment in marketing and technology supporting future growth.
-
Q1 2025 delivered record customer deposits, 18% revenue growth, and 11% EBIT growth, driven by strong performance in Latin America and Western Europe, with locally regulated markets now 59% of revenue. Q2 has started strong, up 17% year-over-year, while Brazil and Paraguay launches are set to ramp up.
Fiscal Year 2024
-
Record Q4 and full-year 2024 results with revenue up 22% and EBITDA up 23% year-over-year, driven by strong growth in Latin America and CEECA. Positive outlook for 2025, with continued geographic expansion, high cash flow, and a proposed 17% dividend increase.
-
Q3 2024 set new records in revenue and EBIT, with strong growth across Latin America, CEECA, and Western Europe. Casino products drove performance, and the start of Q4 shows continued momentum with daily revenue up 13.9% year-over-year.
-
Record Q2 results with revenue up 15% and EBIT up 18% year-over-year, driven by strong B2C growth, major football tournaments, and expansion in regulated markets. Q3 has started strong, with daily revenue up 20.5% over last year.