Betsson Ab Class B · OMXSTO:BETS_B
Betsson Ab Class B — Q3 2025 Earnings Presentation
16 slides from Betsson Ab Class B's earnings presentation, 2025
Slide 1: Q3 2025 Presentation of interim report
Q3 2025 Presentation of interim report
Slide 2: Q3 2025 Financial Highlights
Q3 2025 FINANCIAL HIGHLIGHTS EBIT OPERATING CASINO REVENUE 67 MEUR CASH FLOW REVENUE 296 +4% YoY 65 MEUR +6% MEUR EBIT MARGIN +4% YoY YoY +6% YoY 22.6% Earnings per CUSTOMER NET CASH ON SPORTSBOOK share (EPS) DEPOSITS BALANCE SHEET REVENUE 0.34 1,452 220 MEUR +4% EUR MEUR YoY +10% YoY -2% YoY Margin
Slide 3: Our Markets – Some Activities
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A GREECE ITALY New main sponsor of basketball clubs New jersey sponsor of SSC Bari Mykonos BC and Aris BC 3
Slide 4: Our Markets – Some Activities
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A LITHUANIA SWEDEN Extended sponsorship with Naming sponsor for Basketball League ATP Nordic Open in Stockholm (Betsson LKL) Renewed main sponsor for Extension of sponsorship with Lithuanian Basketball Federation football club FK Zalgi
Slide 5: Product & Technology Development
PRODUCT & TECHNOLOGY DEVELOPMENT Casino: Sportsbook: • 483 new games released • Improved UX • 30 exclusive games • Betbuilder expansion • Early win pay out launched Argentina: Native OneApp Platform: launched Continuous development to strengthen performance and flexibility 5
Slide 6: Customer Activity and Underlying KPIs
CUSTOMER ACTIVITY AND UNDERLYING KPIs Customer deposits (MEUR) Sportsbook revenue and margin 1 800 120 Sportsbook revenue Sportsbook margin 12% 1 600 -2% 11% 1 400 100 1 200 10% 80 71 1 000 9% MEUR 800 60 8,8% 600 8% 40 400 7% 200 20 6% 0 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 0 5% Q3
Slide 7: Revenue Development by Quarter
REVENUE DEVELOPMENT BY QUARTER Group revenue +6% MEUR 307 294 304 296 271 280 237 238 252 248 221 222 200 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Locally regulated POS-regulated 41% 34% 36% 45% 42% 41% 55% 54% 56% 64% 66% 64% 64% 55% 58% 60% 59% 66% 64% 45% 46%
Slide 8: Revenue Development by Region YoY
REVENUE DEVELOPMENT BY REGION YOY +6% +11% 7 16 12 3 3 9 RoW 2% Nordics 12% MEUR dffdfdf CEECA 41% Latin America 26% 312 296 280 Western Europe 19% Q3 24 revenue Nordics Western Europe CEECA LatAm Rest of world Q3 25 reported FX and M&A Q3 25 organic revenue effects revenue 8
Slide 9: EBIT Development YoY
EBIT DEVELOPMENT YOY +4% EBIT EBIT Margin MEUR Q3 2025 Q3 2024 Margin 23.0% 22.6% 5 16 2 Revenue 296 280 10 0 3 Gross profit 190 179 MEUR MEUR Gross profit 64.2% 63.8% margin 65 67 Opex 123 114 EBIT 67 65 Q3 -24 EBIT Revenue Cost of Services Marketing Personnel D&A Other Items, net Q3-25 EBIT Provid
Slide 10: Cash Flow & Financial Position
CASH FLOW & FINANCIAL POSITION — Operating cash flow in Q3 MEUR Q3 2025 Q3 2024 — Increased operating profit — Negative effect from working capital follwing decreased accrued expenses Operating cash flow 64.8 62.5 — Investments in Q3 — Investments in own product and technology development Cash flow
Slide 11: Cash Flow and Earnings per Share
CASH FLOW AND EARNINGS PER SHARE Operating cash flow Earnings per share (EPS) 1,40 300 1,20 250 1,00 200 0,80 EUR MEUR 150 0,60 100 0,40 50 0,20 0 0,00 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 11
Slide 12: Q4 2025 Trading Update
Q4 2025 TRADING UPDATE* Average daily revenue up to and including 19 October was 2% higher than the average daily revenue of the full quarter of Q4 2024. Q4 Adjusted for currency effects and acquisitions, the average daily revenue until 19 October was 10% higher than the average daily revenue of the
Slide 13: Share Buyback Program
SHARE BUYBACK PROGRAM —The Board has decided to initiate a share buyback program of EUR 40 million of class B shares in Betsson —The buyback program starts the earliest on 24 October 2025, and continues up to and including 30 April 2026 —The buyback program will be carried out in accordance with the
Slide 14: Highlights Q3 2025
HIGHLIGHTS Q3 2025 Continued profitable growth Revenue up 6% year over year, despite FX headwinds Growth driven by Western Europe and Latin America Record casino revenue EBIT up 4% year over year Share of revenue from locally regulated markets at 64% (58%) Strong balance sheet with rec
Slide 15: Q&A
Q&A
Slide 16: Financial Calendar and Contact
FINANCIAL CONTACT CALENDAR 5 February 2026 Roland Glasfors Q4 2025 and FY 2025 results VP Communications & Investor Relations 24 April 2026 Q1 2026 results +46 760 024 863 17 July 2026 Q2 2026 results ir@betssonab.com 22 October 2026 Q3 2026 results 4 February 2027 Q4 2026 results