Financials PointsBet Holdings Limited

Equities

PBH

AU0000047797

Casinos & Gaming

Market Closed - Australian S.E. 05:05:53 2024-05-23 pm EDT 5-day change 1st Jan Change
0.505 AUD 0.00% Intraday chart for PointsBet Holdings Limited +14.77% -45.11%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 269.5 810 2,655 813.7 549.7 164.4 - -
Enterprise Value (EV) 1 193.8 674.7 2,390 294.1 337.6 133.5 127.3 90.26
P/E ratio - -19.1 x -13.2 x -2.56 x -1.98 x -4.83 x -19.5 x 24.5 x
Yield - - - - - - - -
Capitalization / Revenue 10.5 x 10.8 x 13.6 x 2.74 x 1.43 x 0.67 x 0.58 x 0.51 x
EV / Revenue 7.57 x 8.98 x 12.3 x 0.99 x 0.88 x 0.54 x 0.45 x 0.28 x
EV / EBITDA -5.93 x -18 x -15.3 x -1.21 x -1.46 x -21.4 x 6.32 x 1.8 x
EV / FCF - -20.6 x -19.1 x -1.46 x -1.13 x -4.29 x 9.06 x 1.32 x
FCF Yield - -4.85% -5.24% -68.4% -88.5% -23.3% 11% 75.7%
Price to Book - 4.91 x 5.92 x 1.11 x 1.1 x 7.5 x 13.6 x 15.1 x
Nbr of stocks (in thousands) 110,000 152,835 207,739 303,618 307,078 325,546 - -
Reference price 2 2.450 5.300 12.78 2.680 1.790 0.5050 0.5050 0.5050
Announcement Date 8/28/19 8/27/20 8/30/21 8/30/22 8/30/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 25.6 75.17 194.7 296.5 383.1 245.2 282.4 323.2
EBITDA 1 -32.7 -37.59 -156.1 -243.6 -230.6 -6.225 20.13 50.14
EBIT 1 -34.5 -42.71 -168.3 -274.9 -289.2 -30.58 3.851 36.23
Operating Margin -134.77% -56.81% -86.48% -92.73% -75.47% -12.47% 1.36% 11.21%
Earnings before Tax (EBT) 1 - -41.46 -187.7 -270.2 -372.6 -34.07 -12.83 -0.2373
Net income 1 -41.9 -41.46 -187.1 -267.7 -276.3 -32.89 -0.72 25.76
Net margin -163.67% -55.16% -96.13% -90.29% -72.12% -13.41% -0.25% 7.97%
EPS 2 - -0.2781 -0.9700 -1.048 -0.9030 -0.1047 -0.0258 0.0206
Free Cash Flow 1 - -32.7 -125.4 -201.2 -298.8 -31.15 14.05 68.35
FCF margin - -43.5% -64.4% -67.88% -77.99% -12.7% 4.97% 21.15%
FCF Conversion (EBITDA) - - - - - - 69.81% 136.33%
FCF Conversion (Net income) - - - - - - - 265.35%
Dividend per Share 2 - - - - - - - -
Announcement Date 8/28/19 8/27/20 8/30/21 8/30/22 8/30/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S2 2025 S1 2025 S2
Net sales 1 - - 75.1 119.5 139.1 157.4 178.1 205.1 127.6 - -
EBITDA - -9.235 -69 -87.14 -126 -117.6 -149.1 -81.44 - -2 10
EBIT - - -72.3 -96.04 -138.9 -136.1 -171.7 - - - -
Operating Margin - - -96.27% -80.35% -99.82% -86.47% -96.42% - - - -
Earnings before Tax (EBT) 1 - - -85.6 - - -123.9 - - 1.7 - -
Net income -32.25 - -85.6 - -146.4 -121.3 -178.2 - - - -
Net margin - - -113.98% - -105.23% -77.08% -100.06% - - - -
EPS -0.2409 - - - - -0.4580 - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 2/25/20 8/27/20 2/24/21 8/30/21 2/24/22 8/30/22 2/27/23 8/30/23 - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 75.7 135 265 520 212 30.9 37.1 74.1
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - -32.7 -125 -201 -299 -31.2 14.1 68.4
ROE (net income / shareholders' equity) -106% -33% -59.9% -45.2% -44.6% -13.1% -28.6% 20.9%
ROA (Net income/ Total Assets) -79.4% -26.7% -44.5% -33.8% -35.2% -10.7% -12.2% -0.69%
Assets 1 52.75 155.4 420.3 792.7 783.9 307.6 5.889 -3,749
Book Value Per Share 2 - 1.080 2.160 2.430 1.630 0.0700 0.0400 0.0300
Cash Flow per Share 2 -0.3400 -0.2000 -0.4100 -0.5700 -0.7600 -0.0100 0.0400 0.1200
Capex 1 2 2.37 6.21 3.72 2.21 3.12 1.9 1.9
Capex / Sales 7.81% 3.16% 3.19% 1.25% 0.58% 1.27% 0.67% 0.59%
Announcement Date 8/28/19 8/27/20 8/30/21 8/30/22 8/30/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
0.505 AUD
Average target price
0.8533 AUD
Spread / Average Target
+68.98%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. PBH Stock
  4. Financials PointsBet Holdings Limited