Overview
Denmark digital sports media group's Q1 revenue grew 5% yr/yr to 86 mln EUR
Adjusted EBITDA before special items rose 14% to 25 mln EUR, 29% margin
Company expanded Playbook partnership with X to global level
Outlook
Better Collective says full-year guidance remains unchanged
Result Drivers
NORTH AMERICA - Co said revenue share income from North American market grew 46%
PAID AND TALENT-LED MEDIA - Co said strong momentum in Paid Media and Talent-led Media drove organic growth
PLAYBOOK PARTNERSHIP EXPANSION - Co expanded Playbook partnership with X to global level
Company press release: ID:nMFN9lxkzZ
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 86 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Better Collective A/S is SEK173.07, about 26.9% above its May 19 closing price of SEK136.40
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
