PointsBet Holdings (PBH) AI Stock Analysis

• Market Cap: AU$312.83M
• Dividend Yield: N/A
• Average Volume (3M): 51.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: 6.47%
• EPS Growth: 60.03%
• Country: AU
• Employees: 296
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): N/A
• Shares Outstanding: 347,586,580
• 10 Day Avg. Volume: 29,855
• 30 Day Avg. Volume: 51,972
• PEG Ratio: 0.38
• Price to Book (P/B): 65.70
• Price to Sales (P/S): 1.51
• P/FCF Ratio: 23.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.05
• Price Target Upside: 16.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: AU$1.00 ▲(11.11% Upside)
• Action: Reiterated Date: 11/21/25
• Date: Action: Reiterated 11/21/25

PointsBet Holdings faces significant challenges with profitability, as reflected in its financial performance and valuation. The technical analysis indicates bearish momentum, further weighing down the stock's attractiveness. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

The company shows consistent revenue growth, indicating expanding market reach and increasing consumer interest in its offerings.

Cash Flow Improvement

Positive cash flow from operations suggests better financial management and potential for reinvestment in growth initiatives.

Low Leverage

Low leverage provides financial stability and flexibility, allowing the company to navigate market fluctuations and invest in growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues can hinder long-term growth and shareholder value, necessitating strategic adjustments to improve margins.

Negative Returns

Negative returns on equity indicate inefficiencies in generating profits from shareholders' investments, impacting financial health.

Net Profit Margin

Negative margins highlight operational inefficiencies and the need for cost management to achieve sustainable profitability.

PointsBet Holdings Business Overview & Revenue Model

Company Description

PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company operates through Australian Trading, Canada Trading, Technology, and United States Trading segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities. The company was founded in 2015 and is headquartered in Cremorne, Australia.

How the Company Makes Money

PointsBet generates revenue primarily through its sports betting operations, earning money by taking a percentage of the total bets placed on its platform. The company's revenue model includes both fixed-odds betting and its proprietary PointsBetting system, which can result in higher payouts depending on the outcome of events. Key revenue streams come from customer wagers, promotional offers, and partnerships with sports leagues and media companies to enhance visibility and attract new users. Additionally, PointsBet benefits from the growing market for online sports betting, driven by regulatory changes and increasing consumer interest in legalized gambling.

PointsBet Holdings Financial Statement Overview

Summary

PointsBet Holdings is experiencing moderate revenue growth and improving cash flow, but profitability remains a significant challenge. The balance sheet is stable with low leverage, but the company needs to address its negative returns to enhance financial health.

Income Statement

PointsBet Holdings has shown some revenue growth, with a 3.6% increase in the latest year. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin has improved slightly, but the overall profitability remains a concern.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio is relatively stable, suggesting a solid asset base, but profitability issues persist.

Cash Flow

Cash flow from operations has improved, turning positive in the latest year, which is a positive sign. Free cash flow has also grown, but the company still faces challenges in converting net income into cash flow, as indicated by the low free cash flow to net income ratio.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	266.27M	261.37M	245.49M	210.30M	195.41M	194.66M
Gross Profit	100.83M	137.02M	129.57M	12.84M	57.36M	23.96M
EBITDA	-22.91M	-17.81M	-3.42M	-78.74M	-10.68M	-171.47M
Net Income	-23.11M	-18.15M	-42.32M	-369.61M	-267.69M	-187.73M
Balance Sheet
Total Assets	61.96M	73.21M	81.87M	606.77M	961.09M	624.41M
Cash, Cash Equivalents and Short-Term Investments	26.10M	40.20M	42.18M	552.99M	519.60M	276.16M
Total Debt	3.39M	1.81M	2.25M	3.59M	17.70M	11.64M
Total Liabilities	75.04M	67.21M	62.61M	105.31M	224.73M	176.86M
Stockholders Equity	-13.08M	6.00M	19.26M	501.45M	736.36M	447.55M
Cash Flow
Free Cash Flow	12.04M	16.96M	-10.48M	-298.80M	-286.10M	-154.10M
Operating Cash Flow	12.16M	17.07M	5.46M	-248.91M	-197.53M	-119.14M
Investing Cash Flow	-17.31M	-17.89M	277.29M	-52.76M	-93.19M	-77.78M
Financing Cash Flow	-943.00K	-948.00K	-442.61M	-4.49M	515.28M	339.43M

PointsBet Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PBH, the sentiment is Negative. The current price of 0.9 is above the 20-day moving average (MA) of 0.89, below the 50-day MA of 0.90, and below the 200-day MA of 1.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.39 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PBH.

PointsBet Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JIN	72 Outperform	€506.00M	11.68	30.58%	4.84%	-8.81%	-6.84%
TAH	64 Neutral	AU$2.28B	26.11	2.62%	2.01%	8.62%	―
TLC	62 Neutral	AU$11.95B	16.56	109.80%	3.16%	-6.28%	-11.67%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BBT	49 Neutral	AU$239.68M	-1.63	-22.97%	―	126.29%	95.17%
BET	45 Neutral	AU$190.45M	-14.86	-13.44%	―	-10.59%	32.75%
PBH	43 Neutral	AU$312.83M	-3.53	653.24%	―	6.47%	60.03%

PointsBet Holdings Corporate Events

PointsBet Appoints Andrew Catterall as New Group CEO

PointsBet Holdings Limited has announced the appointment of Andrew Catterall as the new Group Chief Executive Officer, effective February 2026, succeeding Sam Swanell. Catterall, who has led the Australian operations through significant transformation, is expected to guide PointsBet into its next phase with his extensive industry expertise and leadership skills. Swanell will remain involved in an advisory capacity and as an Executive Director, ensuring continuity and leveraging his deep experience with the company.

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.

PointsBet Holdings Aligns Financial Year with Controlling Entity

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.

PointsBet Holdings Appoints PwC as New Auditor

PointsBet Holdings Limited has announced the appointment of PricewaterhouseCoopers (PwC) as its new auditor, effective from the conclusion of its 2025 Annual General Meeting. This change follows the resignation of RSM Australia, which was conducted in compliance with regulatory requirements. The company expressed gratitude for RSM Australia’s contributions during its tenure. The appointment of PwC is expected to bring new insights and expertise, potentially impacting the company’s financial oversight and stakeholder confidence.

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.

PointsBet Holdings Announces Successful AGM Outcomes

PointsBet Holdings Limited announced the results of its Annual General Meeting held on November 28, 2025, where all proposed resolutions were passed with the required majority. The meeting included the re-election and election of directors, approval of the remuneration report, and a change of auditor, reflecting strong shareholder support and potentially impacting the company’s governance and strategic direction.

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.

PointsBet Holdings Welcomes MIXI as Controlling Shareholder, Eyes Sustainable Growth

PointsBet Holdings Limited has undergone significant strategic reshaping over the past year, marked by MIXI, Inc. becoming its controlling shareholder. This partnership is expected to enhance PointsBet’s offerings and leverage the strengths of both organizations, with new directors from MIXI joining the board. The company has focused on refining its operating model, optimizing costs, and strengthening governance, positioning itself for sustainable growth. PointsBet is entering the new financial year with renewed energy and a clear strategy, aiming to deliver value to shareholders and improve customer engagement.

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.

PointsBet Holdings Announces 2025 AGM Details

PointsBet Holdings Limited has announced the details of its upcoming Annual General Meeting (AGM), scheduled for 28 November 2025. The AGM notice and the company’s annual report for the fiscal year ending 30 June 2025 have been distributed to shareholders. This meeting will provide stakeholders with insights into the company’s performance and future strategies, potentially impacting its market positioning and investor relations.

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.

PointsBet Holdings Appoints New Director to Strengthen Leadership

PointsBet Holdings Limited has announced the appointment of Kanji Kobayashi as a director, effective October 6, 2025. Kobayashi holds 103,400 restricted securities in MIXI, Inc, a related body corporate of PointsBet, and has an economic interest in additional shares through MIXI’s Officers’ Shareholding Association. This appointment is part of PointsBet’s strategic efforts to strengthen its leadership team and enhance its market positioning.

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.