Betsson Ab Class B · OMXSTO:BETS_B
Betsson Ab Class B — Q1 2025 Earnings Presentation
17 slides from Betsson Ab Class B's earnings presentation, Apr 29, 2025
Slide 1: Q1 2025 Presentation of interim report
Q1 2025 Presentation of interim report
Slide 2: Q1 2025 Key Figures
Q1 2025 KEY FIGURES EBIT REVENUE SPORTSBOOK SPORTSBOOK 64 MEUR REVENUE 294 TURNOVER +11% YoY +10% +22% MEUR EBIT MARGIN YoY YoY +18% YoY Margin 8.0% 21.8% CUSTOMER CASINO CASINO ACTIVE DEPOSITS TURNOVER REVENUE CUSTOMERS 1,588 +9% 18% 1.4M +7% YoY MEUR YoY YoY +15% YoY 2 All-Time High Level
Slide 3: Our Markets – Some Activities (Argentina)
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A ARGENTINA ARGENTINA Strengthened partnership with Racing Club – Inauguration of new office becoming front jersey partner in Buenos Aires, Argentina
Slide 4: Our Markets – Some Activities (Brazil, Paraguay)
OUR MARKETS – SOME ACTIVITIES EXISTING MARKETS NEW MARKETS B2B M&A BRAZIL PARAGUAY Local gaming licence obtained in Brazil in February -Technical go- Launched in April live in February -Local casino licence obtained in December
Slide 5: Product & Technology Development
PRODUCT & TECHNOLOGY DEVELOPMENT GLOBAL LATAM Continued Technical preparations development of new ahead of launches in native apps Brazil and Paraguay GLOBAL ARGENTINA New sports betting New exclusive games, opportunities introduced including jackpot in football matches games 5
Slide 6: Sustainability
SUSTAINABILITY — Sustainability report 2024 — Betsson supported the Sustainable published Gambling Zone at the gaming fair ICE Barcelona for the third — CSRD readiness well consecutive year underway for Betsson — Mandatory reporting in Sweden for FY 2025 — Climate compensation projects selected 6
Slide 7: Customer Activity and Underlying KPIs
CUSTOMER ACTIVITY AND UNDERLYING KPIs Customer deposits (MEUR) Sportsbook revenue and margin 120 12% 1 800 +15% 100 Sportsbook revenue Sportsbook margin 11% 1 600 1 400 79,7 10% 80 1 200 9% MEUR 1 000 60 800 8% 8,0% 600 40 400 7% 200 20 6% 0 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 0 5%
Slide 8: Revenue Development by Quarter
REVENUE DEVELOPMENT BY QUARTER Group revenue 307 294 271 280 252 248 221 222 237 238 +18% 200 186 170 MEUR Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Revenue from locally regulated markets 45% 46% 55% 58% 60% 59% 36% 36% 44% 36% 35% 36% 34% Q1-22 Q2-22 Q3-22 Q4-22
Slide 9: Revenue Development by Region YoY
REVENUE DEVELOPMENT BY REGION YOY +18% +20% 1 3 31 12 12 9 RoW Nordics 1% 13% MEUR CEECA 42% Latin America 294 297 25% 248 Western Europe 19% Q1 24 revenue Nordics Western Europe CEECA LatAm Rest of world Q1 25 reported FX and M&A Q1 25 organic revenue effects revenue 9
Slide 10: EBIT Development YoY
EBIT DEVELOPMENT YOY +11% EBIT EBIT Margin MEUR Q1 2025 Q1 2024 Margin 23.3% 21.8% Revenue 294 248 22 46 5 8 Gross profit 188 164 0 4 MEUR Gross profit 64.0% 66.1% margin 64 58 Opex 124 106 EBIT 64 58 Q1 -24 EBIT Revenue Cost of Services Marketing Personnel D&A Other Items, net Q1-25 EBIT Provided E
Slide 11: Cash Flow & Financial Position
CASH FLOW & FINANCIAL POSITION — Operating cash flow in Q1 MEUR Q1 2025 Q1 2024 — Increased operating profit — Positive effect from working capital due to decreased Operating cash flow 86.4 50.0 payment service provider receivables — Investments in Q1 Cash flow from investing -22.9 -31.7 — Investmen
Slide 12: Cash Flow and Earnings Per Share
CASH FLOW AND EARNINGS PER SHARE Operating cash flow Earnings per share (EPS) 300 1,40 250 1,20 1,00 200 0,80 MEUR EUR 150 0,60 100 0,40 50 86,4 0,20 0,35 0 0,00 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Slide 13: Q2 2025 Trading Update
Q2 2025 TRADING UPDATE* Average daily revenue up to and including 27 April was 17.0% higher than the average daily revenue of the full quarter in Q2 2024. Q2 During the measurement period in Q2 2025, the sportsbook margin has been higher than the historical average. * This is not a revenue forecast,
Slide 14: Highlights Q1 2025
HIGHLIGHTS Q1 2025 Strong start to the year with continued high customer activity Record levels in customer deposits and gaming turnover Revenue up 18% year over year EBIT up 11% year over year, absorbing higher gaming taxes Share of revenue from locally regulated markets at 59% (44%) Co
Slide 15: Forza Inter!
Forza Inter! As official main partner, we’re thrilled to see Inter reach the Champions League semi-finals. First leg vs Barcelona is tomorrow! Best of luck to the team!
Slide 16: Q&A
betsson ab Q&A
Slide 17: Financial Calendar and Contact
FINANCIAL CONTACT CALENDAR 18 July 2025 Roland Glasfors Q2 2025 results VP Communications & Investor Relations 24 October 2025 Q1 2025 results +46 760 024 863 5 February 2026 Q1 2025 and FY 2025 results ir@betssonab.com