Education
About Us
Working with TipRanks
Follow Us
B90 Holdings (GB:B90)
LSE:B90
Top Page
B90 Holdings
(LSE:B90)
Select Model
Select Model
Rating:53Neutral
Price Target:
4.50p
▲(5.88% Upside)
The score is held back primarily by weak financial performance—ongoing net losses, persistent negative cash flow, and equity erosion—despite an improved low-debt balance sheet. Technicals are a clear positive with the stock trading above major moving averages and supportive momentum, while valuation is neutral due to missing P/E and dividend yield data.
B90 Holdings (B90) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£18.07M
Dividend YieldN/A
Average Volume (3M)266.09K
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees8
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)0.00
Shares Outstanding440,814,730
10 Day Avg. Volume63,534
30 Day Avg. Volume266,089
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)2.37
Price to Sales (P/S)4.45
P/FCF Ratio-32.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
B90 Holdings Business Overview & Revenue Model
Company DescriptionB90 Holdings PLC, together with its subsidiaries, engages in the operation of online Sportsbook and casino products through Bet90.com in the British Virgin Islands and Malta. The company is also involved in the provision of marketing and promotion of gaming websites, lottery, and online financial trading. In addition, it provides player acquisition services, as well as operates tippen4you.com. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC was incorporated in 2012 and is based in Douglas, the Isle of Man.
How the Company Makes Money
B90 Holdings Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.55M | 3.52M | 3.03M | 2.14M | 826.86K | 813.01K |
| Gross Profit | 2.98M | 1.93M | 665.97K | 25.32K | -479.18K | -211.35K |
| EBITDA | 630.49K | -951.57K | -4.48M | -3.78M | -3.17M | -2.16M |
| Net Income | -1.42M | -1.70M | -5.47M | -4.27M | -3.49M | -2.51M |
Balance Sheet | ||||||
| Total Assets | 8.21M | 8.14M | 10.56M | 7.11M | 9.10M | 1.93M |
| Cash, Cash Equivalents and Short-Term Investments | 401.21K | 364.26K | 829.12K | 359.05K | 827.30K | 320.52K |
| Total Debt | 0.00 | 0.00 | 0.00 | 655.65K | 0.00 | 2.20M |
| Total Liabilities | 1.56M | 1.53M | 2.52M | 4.15M | 5.43M | 6.95M |
| Stockholders Equity | 6.64M | 6.62M | 8.04M | 2.96M | 3.70M | -5.06M |
Cash Flow | ||||||
| Free Cash Flow | 84.03K | -479.93K | -5.78M | -2.31M | -4.49M | -1.58M |
| Operating Cash Flow | 84.03K | -479.93K | -4.03M | -2.31M | -3.89M | -1.58M |
| Investing Cash Flow | 0.00 | 0.00 | -1.75M | 0.00 | -600.00K | -200.00K |
| Financing Cash Flow | 15.07K | 15.07K | 6.25M | 1.84M | 4.99M | 1.67M |
B90 Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £116.58M | 14.57 | 24.79% | ― | 21.27% | 21.93% | |
74 Outperform | £828.21M | ― | ― | 163.36% | ― | ― | |
65 Neutral | £454.38M | 10.29 | 12.43% | 2.58% | 8.26% | 263.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | £4.79B | -9.14 | -28.60% | 2.24% | 5.14% | -7.80% | |
53 Neutral | £18.07M | ― | ― | ― | ― | ― | |
41 Neutral | £101.80M | -0.90 | ― | ― | 5.26% | 32.20% |
* Consumer Cyclical Sector Average
GB:B90
B90 Holdings
4.10
1.15
38.98%
GB:GMR
Gaming Realms
40.50
6.90
20.54%
GB:RNK
Rank Group plc
98.00
21.89
28.76%
GB:ENT
Entain plc
726.00
127.48
21.30%
GB:PTEC
Playtech
272.00
-6.71
-2.41%
GB:EVOK
888 Holdings
22.75
-40.40
-63.97%
B90 Holdings Corporate Events
Business Operations and StrategyFinancial Disclosures
B90 Holdings Unaffected by UK Gambling Tax Changes
Positive
Nov 28, 2025
B90 Holdings announced that the recent UK Budget, which includes increases in gambling taxes, will not impact its business as all its revenue is generated from outside the UK. The company is performing well, with strong momentum and a growing portfolio of international partnerships, and expects to meet or exceed its financial forecasts for the year.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.