Betsson Ab Class B · OMXSTO:BETS_B
Betsson Ab Class B — Q4 2025 Earnings Presentation
16 slides from Betsson Ab Class B's earnings presentation, Feb 5, 2026
Slide 1: Q4 2025 Presentation of year-end report
Q4 2025 Presentation of year-end report
Slide 2: Q4 2025 Financial highlights
Q4 2025 FINANCIAL HIGHLIGHTS EBIT CUSTOMER CASINO REVENUE 53 MEUR DEPOSITS REVENUE 304 -24% YoY 1,492 +3% MEUR EBIT MARGIN MEUR YoY -1% YoY -6% YoY 17.5% Earnings per NET CASH ON ACTIVE SPORTSBOOK share (EPS) BALANCE SHEET CUSTOMERS REVENUE 0.24 158 MEUR 1.4 M -9% EUR +5% YoY YoY -37% YoY Margin 8.8
Slide 3: Summary Q4 2025
SUMMARY Q4 2025 Continued growth in Western Europe and Latin America, but slowdown in CEECA and Nordics Continued strength in B2C, but decline in B2B Share of revenue from locally regulated markets at 68 (60)%, driving higher gaming taxes Continued investments to strengthen the customer expe
Slide 4: Full year 2025 key figures
FULL YEAR 2025 KEY FIGURES EBITDA EBIT REVENUE 314 MEUR 253 MEUR 1,197 -1% YoY -1% YoY MEUR EBITDA MARGIN +8% YoY EBIT MARGIN 26.2% 21.1% DIVIDEND PER PROPOSEDDIVI NET INCOME EARNINGS PER SHARE* DEND PER SHARE 182 0.66 SHARE 1.29 0.657 MEUR EUR -1% YoY EUR EUR -2% YoY +0.5% YoY +2% YoY 4 All-Time Hi
Slide 5: Our markets – some activities
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A GREECE PERU New naming sponsor New official sponsor of the of Peristeri BC volleyball league New official sponsor of Iraklis FC New naming sponsor of Panionios Women’s Volleyball Club 5
Slide 6: Our markets – some activities
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A ITALY GREECE New awareness campaign against New anti-bullying campaign with violence toward women Aris Betsson and Mykonos Betsson “Quello che non è normale” with Volley Millenium Players wear joint campaign shirts Brescia and Casa d
Slide 7: Product & technology development
PRODUCT & TECHNOLOGY DEVELOPMENT Casino: Sportsbook: • 553 new games released • Further strengthening UX • 35 with exclusivity • Betbuilder expansion of betting events • New slots suppliers launched • Early win pay out rolled out further • New quick deposit widget Italy: • Adaptions to new technical
Slide 8: Customer activity and underlying KPIs
CUSTOMER ACTIVITY AND UNDERLYING KPIs Customer deposits (MEUR) Sportsbook revenue and margin 1 650 120 12% Sportsbook revenue Sportsbook margin 1 600 100 11% 1 550 82,7 10% 1 500 -6% 80 9% MEUR 60 8,8% 1 450 8% 1 400 40 7% 1 350 20 6% 1 300 1 250 0 5% Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25
Slide 9: Revenue development by quarter
REVENUE DEVELOPMENT BY QUARTER Group revenue 350 -1% 300 250 200 MEUR 150 307 294 304 296 304 271 280 237 238 252 248 221 222 100 50 0 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Locally regulated markets POS-regulated markets 34% 36% 32% 45% 42% 41% 41% 55% 54% 56%
Slide 10: Revenue development by region YoY
REVENUE DEVELOPMENT BY REGION YOY -1% +5% RoW 8 1% 6 6 1 19 12 Nordics dffdfdf 11% MEUR CEECA 40% Latin 323 America 307 304 28% Western Europe 20% Q4 24 revenue Nordics Western CEECA LatAm Rest of world Q4 25 reported FX and M&A Q4 25 organic Europe revenue effects revenue 10
Slide 11: EBIT development YoY
EBIT DEVELOPMENT YOY -24% EBIT EBIT Margin MEUR Q4 2025 Q4 2024 Margin 22.9% 17.5% Revenue 304 307 3 13 3 7 Gross profit 184 200 0 3 MEUR Gross profit 60.5% 65.3% 70 margin 53 Opex 131 130 EBIT 53 70 Q4 -24 EBIT Revenue Cost of Marketing Personnel D&A Other Items, Q4-25 EBIT Services Expenses Expens
Slide 12: Cash flow & financial position
CASH FLOW & FINANCIAL POSITION — Operating cash flow in Q4 — Decreased operating income MEUR Q4 2025 Q4 2024 — Increased taxes paid — Negative effect of working capital from pre-paid sponsorship Operating cash flow 23.1 84.6 deal, higher payment service provider balances due to timing effect on sett
Slide 13: Proposed dividend
PROPOSED DIVIDEND Revenue Proposed dividend per share of 1,197 (1,107) MEUR 0.66 (0.657) EUR CASH DISTRIBUTION Net income attributable to Parent Proposed ordinary dividend to shareholders, to be Company equity holders paid in June and October 2025 177 (181) MEUR 90.9 (90.6) MEUR* EPS The proposed di
Slide 14: Q1 2026 trading update
Q1 2026 TRADING UPDATE* Average daily revenue up to and including 3 February was 0.6% higher than the average daily revenue of the full quarter of Q1 2025. Adjusted for currency effects and acquisitions, the average daily revenue until 3 February was 7.7% higher than the average daily revenue of Q1
Slide 15: S = = = = =
S = = = = =
Slide 16: Financial calendar and contact
FINANCIAL CONTACT CALENDAR Roland Glasfors 24 April 2026 VP Communications Q1 2026 results & Investor Relations 17 July 2026 Q2 2026 results +46 760 024 863 22 October 2026 Q3 2026 results ir@betssonab.com 4 February 2027 Q4 2026 results