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PointsBet Holdings
(OTC:PBH)
PointsBet Holdings (PBH) vs. iShares MSCI Australia ETF (EWA)
PointsBet Holdings Business Overview & Revenue Model
PointsBet Holdings Earnings Call Summary
PointsBet Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 261.37M | 261.37M | 245.49M | 210.30M | 195.41M | 194.66M |
| Gross Profit | 137.02M | 137.02M | 129.57M | 12.84M | 57.36M | 23.96M |
| EBITDA | -17.81M | -17.81M | -3.42M | -78.74M | -10.68M | -171.47M |
| Net Income | -18.15M | -18.15M | -42.32M | -369.61M | -267.69M | -187.73M |
Balance Sheet | ||||||
| Total Assets | 73.21M | 73.21M | 81.87M | 606.77M | 961.09M | 624.41M |
| Cash, Cash Equivalents and Short-Term Investments | 40.20M | 40.20M | 42.18M | 552.99M | 519.60M | 276.16M |
| Total Debt | 1.81M | 1.81M | 2.25M | 3.59M | 17.70M | 11.64M |
| Total Liabilities | 67.21M | 67.21M | 62.61M | 105.31M | 224.73M | 176.86M |
| Stockholders Equity | 6.00M | 6.00M | 19.26M | 501.45M | 736.36M | 447.55M |
Cash Flow | ||||||
| Free Cash Flow | 16.96M | 16.96M | -10.48M | -298.80M | -286.10M | -154.10M |
| Operating Cash Flow | 17.07M | 17.07M | 5.46M | -248.91M | -197.53M | -119.14M |
| Investing Cash Flow | -17.89M | -17.89M | 277.29M | -52.76M | -93.19M | -77.78M |
| Financing Cash Flow | -948.00K | -948.00K | -442.61M | -4.49M | 515.28M | 339.43M |
PointsBet Holdings Technical Analysis
PointsBet Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | €680.53M | 16.74 | 34.17% | 4.89% | -8.81% | -6.84% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | AU$12.02B | 32.87 | 106.73% | 3.12% | -6.28% | -11.67% | |
55 Neutral | $2.16B | 59.06 | 2.89% | 2.15% | 8.62% | ― | |
43 Neutral | AU$319.78M | ― | -142.61% | ― | 6.47% | 60.03% | |
43 Neutral | AU$195.75M | ― | -25.15% | ― | -10.59% | 32.75% | |
43 Neutral | AU$260.16M | -23.58 | -14.71% | ― | 126.29% | 95.17% |
PointsBet Holdings Corporate Events
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.
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.
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.
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.
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.
PointsBet Holdings Limited announced the cessation of Becky Harris as a director effective October 6, 2025. The announcement, made in compliance with ASX listing rules, indicates that Harris had no relevant interests in securities or contracts associated with the company at the time of her departure.
PointsBet Holdings Limited has announced a significant reconstitution of its board following the successful takeover by MIXI Australia, which now holds a 66.43% voting power in the company. The board welcomes three new non-executive directors, Mr. Sho Okuyama, Mr. Kanji Kobayashi, and Mr. Taishi Oba, all associated with MIXI Australia, while several existing directors have resigned. This change reflects MIXI Australia’s influence and strategic direction for PointsBet, potentially impacting its operations and market strategy.
PointsBet Holdings Limited has recently been the subject of two takeover offers. MIXI Australia Pty Ltd completed an off-market takeover, gaining a 66.43% voting power in PointsBet. Meanwhile, betr Entertainment Limited made an unsolicited all-scrip offer, securing a 27.72% voting power. These developments indicate a significant shift in the company’s shareholder structure, potentially impacting its strategic direction and market positioning.
betr Entertainment Limited has concluded its off-market takeover bid for PointsBet Holdings Limited, acquiring a 27.72% voting power in PointsBet. This acquisition allows betr to influence shareholder interests and engage constructively with PointsBet’s board on value creation. As a result of the offer, betr will issue approximately 132.74 million new shares to PointsBet shareholders. Following the approval of a Selective Buy-Back by betr shareholders, the company will proceed with this initiative, opening on 2 October 2025.
PointsBet Holdings Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting its commitment to transparency and accountability in its operations. This disclosure is crucial for maintaining investor confidence and ensuring compliance with regulatory standards.
PointsBet Holdings Limited has released its 2025 Annual Report, which includes statutory financial statements for the financial year ending June 30, 2025. The report complies with reporting requirements but is not a concise report as per the Corporations Act. This release provides stakeholders with a comprehensive view of the company’s financial performance and operations over the past year, although it does not include a concise report.
PointsBet Holdings Limited, a company listed on the Australian Securities Exchange, is currently the target of an off-market takeover bid by betr Entertainment Limited. The bid is now unconditional after betr shareholders approved the issuance of offer consideration to PointsBet shareholders and a selective buy-back. As a result, betr now holds a 27.12% interest in PointsBet shares. The offer is set to close on 25 September 2025 and will not be extended.
PointsBet Holdings Limited, a company listed on the ASX, is the target of an off-market takeover offer by betr Entertainment Limited. The bidder has declared the offer free from several conditions, including shareholder approval and material adverse change, which could streamline the acquisition process. This move indicates a strategic step by betr Entertainment to consolidate its position in the market by acquiring the remaining shares of PointsBet it does not already own.
Betr Entertainment Limited has announced an update regarding its off-market takeover offer for PointsBet Holdings Limited. The company has freed the offer from certain conditions, including AGCO Approval, IGO Approval, and PointsBet Employee Incentives conditions. However, other conditions remain unfulfilled. As of the latest update, Betr Entertainment holds a 20.50% voting power in PointsBet, indicating a significant stake in the company.
PointsBet Holdings Limited, a company listed on the Australian Securities Exchange, is the target of an off-market takeover bid by betr Entertainment Limited. Betr has issued a fourth supplementary bidder’s statement in response to PointsBet’s supplementary target’s statement. Betr addresses concerns about its financial position, stating that its negative cash flow was due to one-off costs related to acquisitions and operational changes. Betr also refutes claims about its ability to repay debts, asserting confidence in its financial strategy.
PointsBet Holdings Limited has issued a second supplementary target’s statement in response to an unsolicited takeover bid by betr Entertainment Limited. MIXI Australia Pty Ltd, which has made a competing cash offer, now holds a majority stake in PointsBet and has asserted control over the board, ensuring that betr will not have representation. This development solidifies MIXI’s position and indicates that PointsBet and betr will remain competitors in the Australian online betting market.
MIXI Australia Pty Ltd, a subsidiary of MIXI, Inc, has launched an off-market takeover bid for PointsBet Holdings Limited. The offer, priced at $1.25 per share, is final and will close on 12 September 2025. MIXI Australia now controls over 50% of PointsBet shares, making PointsBet a subsidiary of MIXI Australia. This acquisition prevents betr from achieving control of PointsBet, although betr sees potential for collaboration with MIXI-controlled PointsBet.