Betsson AB (BETS.B) AI Stock Analysis

• Market Cap: kr20.20B
• Dividend Yield: 5.08%
• Average Volume (3M): 388.46K
• Price to Earnings (P/E): 9.1
• Beta (1Y): 0.52
• Revenue Growth: 11.84%
• EPS Growth: 12.09%
• Country: SE
• Employees: 2,769
• Sector: Services
• Sector Strength: N/A
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 4.21
• Shares Outstanding: 124,948,400
• 10 Day Avg. Volume: 501,462
• 30 Day Avg. Volume: 388,457
• PEG Ratio: 4.07
• Price to Book (P/B): 1.97
• Price to Sales (P/S): 1.55
• P/FCF Ratio: 7.69
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 15.91
• Revenue Forecast (FY): kr13.36B

• Rating: 69 Neutral
• Price Target: kr158.00 ▲(7.34% Upside)

Betsson AB's overall stock score is driven by its strong financial performance and attractive valuation, which are offset by bearish technical indicators. The company's robust profitability and stable balance sheet support its financial health, while the low P/E ratio and high dividend yield enhance its appeal. However, the negative market momentum and technical signals suggest caution in the short term.

Betsson AB Business Overview & Revenue Model

Company Description

Betsson AB (BETS.B) is a leading online gaming company based in Sweden, specializing in sports betting, casino games, and other gaming-related services. The company operates multiple brands and platforms, offering a wide range of gaming products including sports betting, live casino, poker, and slots. Betsson serves a diverse international customer base and is known for its innovative technology and user-friendly interfaces, making it a key player in the online gambling industry.

How the Company Makes Money

Betsson AB generates revenue primarily through its online gaming operations, which include sports betting, casino games, and poker. The company's main revenue streams consist of player bets on sports events, casino game transactions, and poker tournaments. Betsson takes a percentage of the bets placed as its earnings. Additionally, the company often partners with software providers and payment processors to enhance its platform offerings and streamline transaction processes, which can also contribute to its revenue. Marketing and promotional activities play a crucial role in attracting new customers and retaining existing ones, further driving revenues. Moreover, Betsson has established various strategic alliances with other gaming companies and affiliate networks that help expand its customer reach and enhance brand visibility.

Betsson AB Financial Statement Overview

Summary

Betsson AB exhibits a strong financial profile with consistent revenue growth, robust profitability, and a stable balance sheet. The company effectively manages its leverage and capital structure, ensuring financial stability. While cash flow performance is generally solid, the recent decline in free cash flow growth is a point to monitor.

Income Statement

Betsson AB demonstrates strong financial performance with consistent revenue growth and robust profitability margins. The TTM data shows a revenue growth rate of 2.8%, indicating steady expansion. Gross profit margin remains healthy at 68.8%, and net profit margin is solid at 16.2%. The EBIT and EBITDA margins are also strong, reflecting efficient operations. Overall, the company maintains a stable and profitable trajectory.

Balance Sheet

The balance sheet of Betsson AB is stable with a manageable debt-to-equity ratio of 0.21, indicating prudent leverage. The return on equity is impressive at 22.3%, showcasing effective use of shareholder funds. The equity ratio stands at 60.9%, reflecting a strong capital structure. The company maintains a solid financial position with a focus on equity financing.

Cash Flow

Betsson AB's cash flow performance is stable, though there is a decline in free cash flow growth by 14.3% in the TTM period. The operating cash flow to net income ratio is 0.74, indicating adequate cash generation relative to earnings. The free cash flow to net income ratio is healthy at 0.81, suggesting efficient cash conversion. Overall, cash flow management is sound, but the recent decline in free cash flow growth warrants attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.18B	1.11B	948.20M	777.20M	657.70M	633.30M
Gross Profit	814.40M	719.75M	756.33M	504.36M	450.44M	430.78M
EBITDA	333.57M	316.00M	259.79M	173.08M	152.49M	145.99M
Net Income	191.90M	181.30M	177.30M	119.60M	106.40M	99.76M
Balance Sheet
Total Assets	1.40B	1.37B	1.20B	1.02B	897.20M	819.14M
Cash, Cash Equivalents and Short-Term Investments	327.00M	308.50M	237.10M	168.30M	95.60M	85.55M
Total Debt	181.20M	186.20M	184.20M	115.00M	117.10M	124.07M
Total Liabilities	560.00M	509.50M	440.90M	370.90M	328.40M	317.33M
Stockholders Equity	849.80M	869.10M	770.00M	654.20M	571.80M	499.29M
Cash Flow
Free Cash Flow	223.10M	222.90M	189.00M	143.20M	111.50M	100.94M
Operating Cash Flow	274.60M	272.90M	230.40M	178.70M	143.60M	137.19M
Investing Cash Flow	-84.40M	-93.30M	-159.00M	-51.20M	-71.60M	-68.77M
Financing Cash Flow	-124.00M	-107.00M	300.00K	-54.70M	-62.20M	-42.43M

Betsson AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 147.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BETS.B, the sentiment is Negative. The current price of 147.2 is below the 20-day moving average (MA) of 148.62, below the 50-day MA of 151.26, and below the 200-day MA of 163.53, indicating a bearish trend. The MACD of -1.65 indicates Positive momentum. The RSI at 34.83 is Neutral, neither overbought nor oversold. The STOCH value of 10.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BETS.B.

Betsson AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BETS.B	69 Neutral	kr20.20B	9.05	23.20%	5.08%	11.84%	12.09%
BETCO	59 Neutral	kr7.11B	25.18	―	―	-5.42%	-17.95%
KAMBI	58 Neutral	$3.06B	32.46	4.76%	―	-5.16%	-48.79%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
CTM	54 Neutral	$196.23M	-0.39	-19.82%	―	-25.10%	82.01%
ACROUD	45 Neutral	kr165.19M	―	-71.93%	―	1.98%	37.81%
RAKE	42 Neutral	kr110.80M	-0.19	―	―	-47.47%	-524.00%

Betsson AB Corporate Events

Betsson AB Initiates Share Buyback Program

Betsson AB has repurchased 21,626 series B shares as part of a share buyback program worth up to EUR 40 million, running from October 2025 to April 2026. This initiative, conducted under EU regulations, aims to strengthen Betsson’s market position and shareholder value by reducing the number of outstanding shares.

The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK179.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.

Betsson AB Launches EUR 40 Million Share Buyback Program

Betsson AB has announced a share buyback program worth EUR 40 million, authorized by its 2025 Annual General Meeting, to optimize its capital structure. The buyback will be conducted on Nasdaq Stockholm under EU regulations, with Arctic Securities AS managing the process. This strategic move aims to enhance shareholder value and reflects Betsson’s proactive approach to financial management.

The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK179.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.

Betsson AB Reports Continued Profitable Growth in Q3 2025

Betsson AB reported continued profitable growth in the third quarter of 2025, with a 6% increase in revenue and a 4% rise in operating profit compared to the previous year. The company achieved record casino revenue levels and saw significant growth in Western Europe, particularly in Italy. Despite a slight slowdown in sportsbook revenue in Latin America, the region remains a key growth area. Betsson also expanded its sports sponsorships and enhanced its product offerings, positioning itself strongly for future growth.

The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK179.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.

Betsson AB to Release Q3 2025 Interim Report

Betsson AB announced it will release its third-quarter 2025 interim report on October 24, with a presentation by CEO Pontus Lindwall and CFO Martin Öhman. The event, aimed at analysts, investors, and media, will include a Q&A session and be accessible via webcast and phone, highlighting the company’s transparency and engagement with stakeholders.

The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK179.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.