Pointsbet Holdings Ltd. · ASX:PBH
Pointsbet — Q2 FY25 Earnings Presentation
21 slides from Pointsbet's earnings presentation, Jan 31, 2025
Slide 1: Q2 FY25 Quarterly Activities Report
Q2 FY25 : QUARTERLY ACTIVITIES REPORT | January 2025 N B C U N I V E R S A L M E D I A P A R T N E R S H I P & F Y 2 0 R E S U L T S P R E S E N T A T I O N │ A U G U S T 2 0 2 0
Slide 2: Important Notice and Disclaimer
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 IMPORTANT NOTICE AND DISCLAIMER This document and any oral presentation accompanying it has been Therefore, there can be no assurance that such forecasts, forward Disclosures in this document, any other accompanying presentation or prepared in good faith,
Slide 3: Group Q2 FY25 and H1 FY25 Trading Metrics
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 GROUP Q2 FY25 AND H1 FY25 TRADING METRICS All figures in A$ Q2 FY25 Q2 FY24 PCP Q1 FY25 QoQ H1 FY25 H1 FY24 PCP SPORTS Net Win1 $63.6m $63.5m +0% $60.7m +5% $124.3m $118.6m +5% BETTING iGAMING Net Win1 $6.3m $6.4m (2%) $4.6m +39% $10.9m $9.5m +15% TOTAL T
Slide 4: Australia Q2 FY25 and H1 FY25 Trading Metrics
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 AUSTRALIA Q2 FY25 AND H1 FY25 TRADING METRICS All figures in A$ Q2 FY25 Q2 FY24 PCP Q1 FY25 QoQ H1 FY25 H1 FY24 PCP Turnover / $591.5m $901.6m (34%) $557.5m +6% $1,149.0m $1,468.5m (22%) Handle1 Gross 13.6% 9.8% +3.8pp 13.2% +0.4pp 13.4% 10.9% +2.5pp Win2
Slide 5: Australia Continued Upward Trend in Net Win and Gross Profit
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 AUSTRALIA CONTINUED UPWARD TREND IN NET WIN AND GROSS PROFIT Turnover ($m) Net Win and Gross Profit ($m) 1,000 70 CY23 CY24 900 60 Net Win 800 Consistent Turnover 50 700 Range 600 40 500 30 Gross 400 Profit 300 20 200 10 100 - - Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 6: Australia Net Win Margins Consistently Performing Above 10%
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 AUSTRALIA NET WIN MARGINS CONSISTENTLY PERFORMING ABOVE 10% Net Win Margin (Total and Sports) Net Win Sports % CY24 12.0% Net Win Margin 11.1% 10.0% 10.0% 10.2% 10.2% 10.0% 9.3% 9.0% 9.2% 8.8% 7.8% 8.0% 6.6% 6.2% 6.0% 4.0% 2.0% - Q3 FY22 Q4 FY22 Q1 FY23 Q
Slide 7: Australia Drivers of Growth in Sport Multis
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 AUSTRALIA COMBINATION OF ODDS FACTORY, TECHNOLOGY, BRAND AND GENEROSITY DRIVE GROWTH IN SPORT MULTIS H1 FY25 Sports Multi Bets vs PCP1 +16% +13% Growth in Actives +6% Total +15% Growth in Turnover Growth in Net Win $0-$100 $100-$1000 >$1000 +73% Growth in
Slide 8: Canada Q2 FY25 and H1 FY25 Trading Metrics
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 CANADA Q2 FY25 AND H1 FY25 TRADING METRICS All figures in A$1 Q2 FY25 Q2 FY24 PCP Q1 FY25 QoQ H1 FY25 H1 FY24 PCP Turnover / Strong quarterly and $97.4m $74.8m +30% $69.3m +40% $166.7m $118.9m +40% Handle2 half-yearly turnover Gross growth vs the PCP in
Slide 9: Canada Customer Friendly Results Negatively Impacted Q2 Net Win by an Estimated $3.9M
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 CANADA CUSTOMER FRIENDLY RESULTS NEGATIVELY IMPACTED Q2 NET WIN BY AN ESTIMATED $3.9M Total Turnover Total Gross Win Total Net Win +22% $408.0m +25% $333.9m $16.8m +28% -4% $13.5m $13.0m $13.4m $13.3m -10% $10.5m $10.4m $9.4m Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY
Slide 10: Canada Casino Update
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 CANADA CASINO UPDATE Launch & Expand Improve Stabilize Content Generosity & Platform Portfolio Loyalty Q3-Q4 FY24 Q1-Q2 FY25 Q3-Q4 FY25 • Building out the operating • Launched 3 new content providers in Q2 • Expand promotional tools and team • Increased g
Slide 11: Summary of Quarterly Cash Flows
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 SUMMARY OF QUARTERLY CASH FLOWS All amounts in A$m1 Q2 FY25 Q1 FY25 • At 31 December 2024, the Group had $15.3 million of Statutory Corporate Cash. Receipts from customers (inclusive of GST) 69.9 65.2 Cost of sales (27.0) (29.8) • Net Cash inflows from op
Slide 12: FY25 Guidance Update
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 GUIDANCE FY25 GUIDANCE UPDATE All figures in A$ FY25 • Strong growth in mass market segment continues to improve profile of revenue base • Revenue being earned at strong Net Win yields leading to Gross Profit efficiency REVENUE $260M – $270M • Revenue pro
Slide 13: Q&A
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 Q&A 13
Slide 14: Appendix
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 Appendix 14
Slide 15: Canada Q2 FY25 and H1 FY25 Trading Metrics (C$)
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 CANADA Q2 FY25 AND H1 FY25 TRADING METRICS (C$) All figures in C$ Q2 FY25 Q2 FY24 PCP Q1 FY25 QoQ H1 FY25 H1 FY24 PCP Turnover / $89.0m $66.3m +34% $63.4m +40% $152.4m $105.0m +45% Handle1 Gross 6.0% 8.5% (2.5pp) 8.3% (2.3pp) 7.0% 8.4% (1.4pp) Win2 Margin
Slide 16: Related Party Transactions as per ASX Listing Rule 4.7C.3 - $0.51m
Q2 FY25 QUARTERLY ACTITIVIES REPORT JAN 2025 RELATED PARTY TRANSACTIONS AS PER ASX LISTING RULE 4.7C.3 - $0.51m • Payments of $0.51m for Salaries and Wages (inclusive of Superannuation and applicable taxes withheld) of Key Management Personnel and of Executive Directors and Non-Executive Directors F
Slide 17: Appendix 4C Quarterly Cash Flow Report
Rule 4.7B Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Name of entity PointsBet Holdings Limited ABN Quarter ended (“current quarter”) 68 621 179 351 31 December 2024 Consolidated statement of cash flows Current quarter Year to date (6 $A’000 months) $A’000 1. Cas
Slide 18: Consolidated Statement of Cash Flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (6 $A’000 months) $A’000 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) businesses - - (c) property, plant
Slide 19: Consolidated Statement of Cash Flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (6 $A’000 months) $A’000 3.9 Other (provide details if material) Principal (277) (524) repayment of Lease Liability 3.10 Net cash from / (used in) financ
Slide 20: Appendix 4C Financing Facilities
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B 7. Financing facilities Total facility Amount drawn at Note: the term “facility’ includes all forms of financing amount at quarter quarter end arrangements available to the entity. end $A’000 Add notes as necessary for
Slide 21: Appendix 4C Compliance Statement
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. 3