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PointsBet Holdings Aligns Financial Year with Controlling Entity

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PointsBet Holdings Aligns Financial Year with Controlling Entity

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The latest announcement is out from PointsBet Holdings ( (AU:PBH) ).

PointsBet Holdings Limited has announced a change in its financial year end from 30 June to 31 March to align with its controlling entity, MIXI, Inc. This adjustment will result in a nine-month transitional financial year from 1 July 2025 to 31 March 2026, after which the company will adopt a regular twelve-month financial year cycle. This change is expected to streamline financial reporting and improve operational efficiency, potentially impacting stakeholders by aligning the company’s financial calendar with its parent entity.

The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.

More about PointsBet Holdings

PointsBet Holdings Limited is a company operating in the gaming and sports betting industry, providing innovative betting products and services. The company focuses on offering a seamless and engaging experience for sports enthusiasts and bettors, leveraging technology to enhance its market presence.

Average Trading Volume: 171,675

Technical Sentiment Signal: Sell

Current Market Cap: A$314.6M

Learn more about PBH stock on TipRanks’ Stock Analysis page.

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