Sweden's Betsson Q4 EBITDA falls on higher gaming taxes

Betsson AB

05/02/2026 06:41

Overview

Sweden online gaming firm's Q4 revenue fell 1% yr/yr, organic increase of 5%

Company's EBITDA fell 20% yr/yr, impacted by higher gaming taxes and personnel costs

Company initiated EUR 40 mln share buy-back program

Outlook

Betsson anticipates growth from FIFA World Cup betting opportunities in 2026

Betsson sees strong operational position despite higher gaming taxes

Result Drivers

B2B REVENUE DECLINE - Lower B2B revenue due to a key customer's reduced performance negatively impacted results

HIGHER GAMING TAXES - Increase in revenue from regulated markets led to higher gaming taxes, affecting profitability

INVESTMENTS IN PRODUCT AND TECH - Continued investments in product and technology increased personnel costs, impacting profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
EUR 35 mln
Q4 EBITDA
EUR 69.30 mln
Q4 EBITDA Margin
22.80%
Q4 EBIT Margin
17.50%


Press Release: ID:nWkr2gNbgb

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)