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Better Collective A/S (SE:BETCO)
:BETCO
Earnings Data
Report Date
May 20, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.11Last Year’s EPS
0.65Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Q4 2025
Earnings Call Date:Feb 25, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a mixed but resilient picture: the company delivered record quarterly profitability, materially reduced costs through a EUR 50 million efficiency program, outperformed expectations in North America, and launched strategic products (Playbook and FanReach) with promising early traction. However, full-year top-line and EBITDA declined (~9% and ~10% respectively) due to substantial external headwinds (Brazil regulation, sports win margin volatility and FX) that together reduced EBITDA by more than EUR 40 million. Management provided constructive 2026 guidance (7–12% revenue growth, 8–18% EBITDA growth), a EUR 40 million buyback and medium-term margin targets (35–40%), indicating confidence in a return to growth. Overall the positives around operational leverage, product innovation and balance-sheet actions are offset by meaningful near-term headwinds and timing-related cash flow effects.Company Guidance
Q4 Revenue and Constant Currency Growth
Group revenue in Q4 reached EUR 94 million, down 2% year-over-year but up 2% in constant currencies; management notes that normalizing for a lower sports win margin would have implied ~7% revenue growth in Q4.
Record Quarterly EBITDA and Margin Expansion
Delivered record EBITDA before special items of EUR 37 million in Q4, a 10% increase year-over-year, translating to a 39% EBITDA margin (highest quarterly EBITDA in company history).
Cost Savings and Efficiency Program Delivered
Completed the full EUR 50 million efficiency program; group costs declined ~8% year-over-year and cost reductions contributed ~EUR 10 million to EBITDA upside in Q4.
North America Revenue Share Outperformance
North America revenue share amounted to EUR 22 million for the full year versus prior expectation of EUR 10–15 million, with EUR 17 million classified as pure revenue share—improving earnings quality and recurring revenue mix.
Record Value of Deposits and Engagement
Value of deposits reached a record quarterly level of EUR 820 million (approximately +6–7% year-over-year and +13% quarter-over-quarter as referenced), indicating high engagement and quality of existing cohorts.
Product and Audience Innovation (Playbook & FanReach)
Launched Playbook (AI-powered betting solution) with strong early engagement (millions of bets sent) and launched FanReach in the U.S. (reaching >50 million sports fans), expanding monetization channels and data-driven media capabilities.
2026 Guidance and Capital Allocation
Guidance for 2026 targets organic revenue growth of 7–12% and EBITDA growth of 8–18% (EUR 110–120 million); Board approved annual share buyback of EUR 40 million and target to keep net debt-to-EBITDA below 3x.
Strong Financing, Cash Conversion and Long-Term Growth Rates
Secured a new EUR 319 million 3-year committed facility plus a EUR 50 million M&A facility; delivered 92% cash conversion for the year; since 2018 reported revenue CAGR of 35% and EBITDA CAGR of 30% (long-term track record).
SE:BETCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SE:BETCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | kr113.00 | kr123.70 | +9.47% |
Nov 12, 2025 | kr107.00 | kr109.20 | +2.06% |
Aug 20, 2025 | kr136.60 | kr132.10 | -3.29% |
May 21, 2025 | kr128.60 | kr127.50 | -0.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Better Collective A/S (SE:BETCO) report earnings?
Better Collective A/S (SE:BETCO) is schdueled to report earning on May 20, 2026, Before Open (Confirmed).
What is Better Collective A/S (SE:BETCO) earnings time?
Better Collective A/S (SE:BETCO) earnings time is at May 20, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Better Collective A/S stock?
The P/E ratio of Better Collective A/S is N/A.
What is SE:BETCO EPS forecast?
SE:BETCO EPS forecast for the fiscal quarter 2026 (Q1) is 2.11.