Slide 1: Q2 2024 Presentation of interim report
Q2 2024 Presentation of interim report
Slide 2: Q2 2024 Key Figures
Q2 2024 KEY FIGURES EBIT SPORTSBOOK SPORTSBOOK REVENUE 64 MEUR TURNOVER REVENUE 271 MEUR +18% YoY +13% +15% YoY +17% EBIT MARGIN YoY YoY +38% organic Margin 8.6% 23.6% CUSTOMER CASINO CASINO ACTIVE DEPOSITS TURNOVER REVENUE CUSTOMERS 1,427 +7% +16% 1.4M +25% YoY MEUR YoY YoY +15% YoY 2 All-Time High
Slide 3: Our Markets – Some Activities
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A Global: Front jersey sponsorship deal sealed with Inter Milan Peru: Local licenses Argentina: New Boca obtained Juniors jerseys introduced, inspired by Swedish flag
Slide 4: Our Markets – Sportsbook Gross Revenue Growth
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A Sportsbook Gross Revenue Growth Copa +92% 2021 UEFA EURO America +19% 2022 FIFA WORLD CUP Copa 2024 UEFA EURO America
Slide 5: Sustainability
SUSTAINABILITY Upgrade to the Hosted full-day highest ESG-rating of Sustainability track AAA by MSCI. at Next:Valletta Summit in May. 5
Slide 6: Product & Technology Development
PRODUCT & TECHNOLOGY DEVELOPMENT Prepared for New Bet Builder New launch on newly function native apps regulated market launched launched in Peru New payment and authentication solutions launched 6
Slide 7: Revenue and EBIT by Quarter
REVENUE AND EBIT BY QUARTER 400 23,6% 23,6% 25% 23,0% 23,3% 22,6% 350 19,2% 19,4% 20% 300 18,1% 271 15,7% 252 248 250 237 238 13,9% 221 222 15% 13,2% 200 MEUR 200 186 170 158 10% 150 100 56 57 58 64 5% 55 50 38 40 43 24 29 21 0 0% Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Rev
Slide 8: Customer Activity and KPIs
CUSTOMER ACTIVITY AND KPIs 100 Sportsbook revenue and margin 9,0% 8,6% 90 Customer deposits (MEUR) 78,4 8,0% 80 7,0% 1 600 +15% 70 6,0% 1 400 60 5,0% MEUR 1 200 50 1 000 4,0% 40 800 3,0% 30 600 20 2,0% 400 10 1,0% 200 0 0,0% 0 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q
Slide 9: Revenue Development by Region YoY
REVENUE DEVELOPMENT BY REGION YOY +15% +38% RoW 11 56 2% Nordics 0 17% 11 17 4 CEECA MEUR 42% Latin America 327 23% 271 237 Western Europe 16% Q2 23 Nordics Western CEECA LatAm Rest of world Q2 24 FX and M&A Q2 24 organic revenue Europe reported effects revenue revenue 9
Slide 10: EBIT Development YoY
EBIT DEVELOPMENT YOY +18% EBIT EBIT MEUR Q2 2024 Q2 2023 Margin Margin 23.0% 23.6% Revenue 271 237 20 35 1 5 2 0 Gross profit 177 163 MEUR Gross profit 65.1% 68.6% margin 64 55 Opex 113 108 EBIT 64 55 Q2 -23 EBIT Revenue Cost of Marketing Personnel D&A Other Items, Q2 -24 EBIT Services Sold Expenses
Slide 11: Cash Flow & Financial Position
CASH FLOW & FINANCIAL POSITION — Operating cash flow MEUR Q2 2024 Q2 2023 — Increased operating profit YoY — Lower positive working capital effect than last year Operating cash flow 75.8 89.2 due to increased payment provider balance following high turnover from Euros and Copa America — Increased ta
Slide 12: Q3 2024 Trading Update
Q3 2024 TRADING UPDATE* Average daily revenue up to and including 15th July was 20.5% higher than the average daily revenue of the full quarter in Q3 2023. UEFA EURO and Copa America have Q3 contributed to the high activity during this period. * This is not a revenue forecast, only an indication of
Slide 13: Highlights Q2 2024
HIGHLIGHTS Q2 2024 Continued high customer activity supported by Euros and Copa America Strong KPIs such as growth in active customers and deposits B2C main driver of growth New all-time highs in revenue and EBIT 10th quarter in a row with sequentially growing EBIT Sustained solid cash f
Slide 14: Betsson AB
betsson ab
Slide 15: Financial Calendar and Contact
FINANCIAL CONTACT CALENDAR Roland Glasfors 24 October 2024 VP Communications Q3 2024 Interim Results & Investor Relations 6 February 2025 +46 760 024 863 Q4 2024 Interim Results ir@betssonab.com