PointsBet Holdings Ltd. ( (AU:PBH) ) has provided an announcement.
PointsBet Holdings Ltd. reported a 6% increase in revenue from ordinary activities for the half-year ended December 31, 2024, compared to the previous year. Despite a net loss of $17.2 million, the loss was reduced by 47% from the prior period. The company did not declare any dividends for the interim period, and its net tangible assets per share decreased significantly. These results reflect PointsBet’s ongoing efforts to stabilize its financial performance amidst a competitive market landscape.
More about PointsBet Holdings Ltd.
PointsBet is a corporate bookmaker operating in Australia and Canada, offering innovative sports and racing wagering products and iGaming through a scalable cloud-based platform.
YTD Price Performance: -10.08%
Average Trading Volume: 2,778
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $186.2M
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