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PointsBet Holdings
(Sydney: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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 252.25M | 245.49M | 210.30M | 195.41M | 194.66M | 75.17M | Gross Profit |
| 136.02M | 129.57M | 12.84M | 57.36M | 23.96M | 2.19M | EBIT |
| -18.36M | -28.24M | -100.27M | -35.29M | -173.50M | -44.52M | EBITDA |
| -22.73M | -3.42M | -78.74M | -25.50M | -171.47M | -35.87M | Net Income Common Stockholders |
| -23.17M | -42.32M | -369.61M | -267.69M | -187.73M | -41.46M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 32.54M | 42.18M | 552.99M | 519.60M | 276.16M | 144.34M | Total Assets |
| 69.74M | 81.87M | 606.77M | 961.09M | 624.41M | 216.17M | Total Debt |
| 2.31M | 2.25M | 3.59M | 17.70M | 11.64M | 9.04M | Net Debt |
| -30.23M | -39.93M | -151.25M | -197.56M | -264.52M | -57.23M | Total Liabilities |
| 64.93M | 62.61M | 105.31M | 224.73M | 176.86M | 39.05M | Stockholders Equity |
| 4.80M | 19.26M | 501.45M | 736.36M | 447.55M | 177.13M |
| Cash Flow | Free Cash Flow | ||||
| 16.51M | -10.48M | -298.80M | -286.10M | -154.10M | -50.71M | Operating Cash Flow |
| 16.54M | 5.46M | -248.91M | -197.53M | -119.14M | -30.32M | Investing Cash Flow |
| 79.95M | 277.29M | -52.76M | -93.19M | -77.78M | -21.39M | Financing Cash Flow |
| -127.67M | -442.61M | -4.49M | 515.28M | 339.43M | 118.25M |
PointsBet Holdings Technical Analysis
PointsBet Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $6.83B | 11.28 | 2.95% | 3.88% | 2.70% | -24.56% | |
53 Neutral | $396.41M | ― | -30.20% | 32.64% | ― | ― | |
| $1.05B | ― | -42.74% | 1.87% | ― | ― | ||
| $66.22M | ― | -36.49% | ― | ― | ― | ||
| €347.38M | 13.56 | 37.11% | 5.81% | ― | ― | ||
65 Neutral | AU$11.31B | 30.36 | 115.26% | 3.15% | 12.08% | 20.36% | |
40 Underperform | AU$364.06M | ― | -99.47% | ― | 76.49% | -75.29% |
PointsBet Holdings Corporate Events
PointsBet Holdings Limited has announced that Samson Rock Capital LLP, along with its associated funds, has ceased to be a substantial holder in the company as of June 4, 2025. This change in substantial holding could impact PointsBet’s shareholder structure and influence future voting outcomes, potentially affecting strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
PointsBet Holdings Limited has received an improved acquisition proposal from MIXI, Inc., increasing the cash consideration for its shares by 13.2% to $1.20 per share. This proposal, which is not subject to financing, represents a premium over previous valuations and implies an enterprise value of $402 million. If the scheme is not approved, MIXI is considering an alternative off-market takeover bid with similar terms. The scheme meeting has been postponed to 25 June 2025, with a revised timetable for the acquisition process.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
PointsBet Holdings Limited has requested a trading halt on its securities as it prepares to release a significant announcement regarding the acquisition of its entire issued share capital by MIXI, Inc. through its subsidiary MIXI Australia Pty Ltd. This move indicates a potential strategic shift for PointsBet, which could have substantial implications for its market positioning and stakeholders, pending the outcome of the acquisition process.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
PointsBet Holdings Limited announced the cessation of 33,334 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and reflects a routine adjustment in its securities management, potentially influencing investor perceptions and market dynamics.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
PointsBet Holdings Limited has announced that Penn Interactive Ventures, LLC and its associates have ceased to be substantial holders in the company. This change occurred following the sale of all ordinary shares held by Penn in PointsBet to Betr Entertainment Limited for an aggregate cash consideration of A$18,710,040.80, affecting 17,009,128 fully paid ordinary shares. This transaction marks a significant shift in the ownership structure of PointsBet, potentially impacting its strategic direction and stakeholder interests.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
PointsBet Holdings Limited is considering a proposal from Betr Entertainment Limited, which could potentially lead to a superior offer compared to the existing scheme with MIXI Australia Pty Ltd. The company plans to conduct mutual due diligence focusing on synergies and the scrip value, as the proposal includes a 57% cash and 43% scrip funding mix. The Board continues to recommend the MIXI Scheme unless a superior proposal emerges and advises shareholders that no action is required at this time.
PointsBet Holdings Limited has announced a Scheme Meeting for shareholders to vote on the proposed acquisition by MIXI Australia Pty Ltd. The Federal Court has approved the meeting and the distribution of a Scheme Booklet, which includes an Independent Expert’s Report deeming the proposal fair and reasonable. The Board recommends shareholders vote in favor of the Scheme, with the meeting set for June 12, 2025. If approved, a Second Court Hearing will follow for final approval. This acquisition could significantly impact PointsBet’s market positioning and shareholder value.
PointsBet Holdings has received a confidential acquisition proposal from Betr Entertainment, which it is currently evaluating with the help of external advisers. The PointsBet Board recommends shareholders vote in favor of an existing scheme with MIXI Australia Pty Ltd, unless a superior proposal emerges, and will keep stakeholders informed of any developments.
Betr Entertainment Ltd has become a substantial holder in PointsBet Holdings Limited by acquiring a 19.9% voting power through the acquisition of 66,013,329 fully paid ordinary shares. This move signifies a significant stake in PointsBet, potentially impacting the company’s strategic direction and market positioning, as Betr Entertainment strengthens its influence within the gaming and betting industry.
Samson Rock Capital LLP, through its various funds, has acquired a substantial holding in PointsBet Holdings Limited, now controlling 5.08% of the company’s ordinary shares. This acquisition signifies a strategic investment move, potentially impacting PointsBet’s market dynamics and signaling confidence in the company’s future prospects.
Betr Entertainment Limited has announced a capital raising initiative, involving a fully underwritten pro rata accelerated non-renounceable entitlement offer and an institutional placement, aiming to raise approximately $130 million. This move is part of their strategic efforts to acquire PointsBet Holdings Limited, although the PointsBet board has not yet agreed to support the transaction. The acquisition proposal is subject to several conditions, including shareholder approval, and there is no assurance of its completion.
Betr Entertainment Limited has announced a proposal to acquire the remaining shares of PointsBet Holdings Limited that it does not already own, aiming to enhance its position in the Australian wagering market. The proposal, valued at $360 million, includes a mix of cash and betr scrip, offering greater value to PointsBet shareholders compared to a competing proposal. The acquisition is expected to generate significant cost synergies and improve operational scale, positioning betr as a major player in the industry.
Betr Entertainment Limited has acquired a 19.9% stake in PointsBet Holdings Limited, amounting to 66,013,329 shares. This strategic acquisition positions Betr to potentially influence PointsBet’s operations and market strategies, with further details expected in an upcoming announcement regarding a proposed capital raising.
PointsBet Holdings Limited has announced a proposed acquisition by MIXI Australia Pty Ltd, a subsidiary of MIXI, Inc. The acquisition will be executed through a scheme of arrangement, offering PointsBet shareholders a cash consideration that represents a substantial premium over recent trading prices. The PointsBet Board has unanimously recommended the proposal, pending shareholder approval and an independent expert’s endorsement. The transaction is expected to be finalized by June 2025, contingent on meeting all conditions.