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Betsson AB
(BETS.B)
Betsson AB (BETS.B) vs. iShares MSCI Sweden ETF (EWD)
Betsson AB Business Overview & Revenue Model
Betsson AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.20B | 1.11B | 948.20M | 777.20M | 657.70M | 633.30M |
| Gross Profit | 833.30M | 719.75M | 756.33M | 504.36M | 450.44M | 430.78M |
| EBITDA | 315.77M | 316.00M | 259.79M | 173.08M | 152.49M | 145.99M |
| Net Income | 196.60M | 181.30M | 177.30M | 119.60M | 106.40M | 99.76M |
Balance Sheet | ||||||
| Total Assets | 1.46B | 1.37B | 1.20B | 1.02B | 897.20M | 819.14M |
| Cash, Cash Equivalents and Short-Term Investments | 394.20M | 308.50M | 237.10M | 168.30M | 95.60M | 85.55M |
| Total Debt | 180.40M | 186.20M | 184.20M | 115.00M | 117.10M | 124.07M |
| Total Liabilities | 585.50M | 509.50M | 440.90M | 370.90M | 328.40M | 317.33M |
| Stockholders Equity | 877.00M | 869.10M | 770.00M | 654.20M | 571.80M | 499.29M |
Cash Flow | ||||||
| Free Cash Flow | 224.30M | 222.90M | 189.00M | 143.20M | 111.50M | 100.94M |
| Operating Cash Flow | 276.90M | 272.90M | 230.40M | 178.70M | 143.60M | 137.19M |
| Investing Cash Flow | -48.90M | -93.30M | -159.00M | -51.20M | -71.60M | -68.77M |
| Financing Cash Flow | -166.80M | -107.00M | 300.00K | -54.70M | -62.20M | -42.43M |
Betsson AB Technical Analysis
Betsson AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | kr14.85B | 6.66 | 23.20% | 5.03% | 11.84% | 12.09% | |
65 Neutral | kr3.24B | 37.28 | 4.76% | ― | -5.16% | -48.79% | |
62 Neutral | kr6.99B | 24.24 | ― | ― | -7.81% | -8.76% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
51 Neutral | kr129.05M | -0.71 | -19.82% | ― | -25.10% | 82.01% | |
51 Neutral | kr176.53M | -0.47 | -74.31% | ― | 13.37% | 43.23% | |
40 Underperform | kr89.63M | -0.15 | ― | ― | -47.47% | -524.00% |
Betsson AB Corporate Events
Betsson AB expects fourth-quarter 2025 revenue of EUR 304 million, slightly down from a year earlier, with operating income dropping more sharply to EUR 53 million as a shift toward locally regulated markets, lower sportsbook and B2B license contributions compressed margins. While revenue grew in Western Europe and Latin America and active customer numbers increased, weaker performance in the Nordics and the CEECA region, higher gaming taxes from a record 68% share of revenue in regulated markets, and rising personnel costs from continued product and technology investments all weighed on profitability, though management signals confidence for 2026 as early first-quarter revenues edge higher and major sporting events approach.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK159.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has continued to execute its ongoing share buyback programme, repurchasing 107,100 series B shares on Nasdaq Stockholm between 5 and 9 January 2026 for a total of approximately SEK 14.6 million. These latest transactions, carried out by Arctic Securities on Betsson’s behalf under the EU’s Safe Harbour rules, bring the total repurchases under the programme to 1,130,980 shares at a cumulative cost of about SEK 162 million, and leave the company holding 2,511,322 series B and 2,747,433 series C own shares out of a total 142.7 million shares outstanding, underscoring ongoing capital management efforts that may support earnings per share and signal confidence in the company’s valuation.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK159.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has published a prospectus for its recently issued EUR 75 million senior unsecured bonds and has applied to list them on the corporate bond list of Nasdaq Stockholm. The four-year floating-rate bonds, issued under a EUR 250 million framework in December 2025, have received approval from the Swedish Financial Supervisory Authority for listing, with trading expected to commence around 13 January 2026, a move that broadens Betsson’s access to the capital markets and may support its continued growth ambitions in the online gaming sector.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has continued to execute on its ongoing share buyback programme, repurchasing 124,200 series B shares between 22 December 2025 and 2 January 2026 for a total of approximately SEK 18.1 million. The buybacks, conducted on Nasdaq Stockholm by Arctic Securities on Betsson’s behalf, form part of the company’s EUR 40 million programme running until 30 April 2026 under EU Safe Harbour rules; following these transactions, Betsson holds 2,404,222 of its own series B shares and 2,747,433 series C shares out of a total 142.7 million shares, a capital-allocation move that can support earnings per share and signal confidence to investors without altering the overall share count materially at this stage.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has continued to execute its ongoing share buyback programme, repurchasing 125,100 series B shares on Nasdaq Stockholm between 15 and 19 December 2025 for a total consideration of approximately SEK 18.2 million. The transactions, carried out by Arctic Securities on Betsson’s behalf under the EU Safe Harbour rules, bring total repurchases under the current programme to 899,680 shares and leave the company holding 2,280,022 own series B shares and 2,747,433 series C shares out of 142.7 million shares outstanding, underscoring an active capital management strategy that may support shareholder value and earnings per share over time.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has repurchased 126,400 of its own 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 is in line with EU regulations and aims to strengthen Betsson’s market position, reflecting a strategic move to enhance shareholder value.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB announced the repurchase of 125,000 series B shares as part of its ongoing share buyback program, which aims to repurchase shares up to EUR 40 million by April 2026. This strategic move is expected to enhance shareholder value and reflects Betsson’s commitment to maintaining a strong market position and financial health.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has repurchased 127,100 series B shares as part of its share buyback program, which runs from October 2025 to April 2026. The program, aimed at repurchasing up to EUR 40 million worth of shares, is conducted under EU regulations and reflects Betsson’s strategic financial management to enhance shareholder value.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has repurchased 129,400 of its own series B shares as part of a share buyback program initiated by its Board of Directors, aiming to buy back up to EUR 40 million worth of shares. This move, conducted in compliance with EU regulations, reflects Betsson’s strategic financial management and could potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has successfully issued new senior unsecured bonds worth EUR 75 million, which were significantly oversubscribed, indicating strong investor confidence. The company also announced a tender offer and early redemption plan for its existing bonds, which will be fully redeemed and de-listed from Nasdaq Stockholm, reflecting a strategic financial restructuring.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
The Nomination Committee of Betsson AB has proposed the re-election of all current board members for the upcoming Annual General Meeting scheduled for May 7, 2026. This decision reflects a commitment to maintaining continuity in leadership, which could positively impact the company’s strategic direction and stakeholder confidence.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB is considering issuing new senior unsecured bonds worth EUR 75 million to refinance existing bonds and support general corporate purposes, including acquisitions. The company has announced a conditional tender offer for its existing bonds due in 2026, with plans for early redemption if the new bond issuance is successful, potentially impacting its financial strategy and stakeholder interests.
The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has repurchased 117,350 of its own series B shares as part of a share buyback program initiated to the tune of EUR 40 million. This strategic move, conducted in compliance with EU regulations, is aimed at enhancing shareholder value and reflects Betsson’s robust financial strategy and commitment to its stakeholders.
The most recent analyst rating on ($SE:BETS.B) stock is a Hold with a SEK158.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB 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 ($SE:BETS.B) stock is a Buy with a SEK179.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.
Betsson AB has announced a share buyback program worth EUR 40 million, authorized by its 2025 Annual General Meeting, to optimize its capital structure. The buyback will be conducted on Nasdaq Stockholm under EU regulations, with Arctic Securities AS managing the process. This strategic move aims to enhance shareholder value and reflects Betsson’s proactive approach to financial management.
The most recent analyst rating on ($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 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.