Brief: Pointsbet Holdings Says Anticipate To Deliver Positive Group EBITDA In FY25

PointsBet Holdings

31/08/2023 02:39

Aug 31 (Reuters) - Pointsbet Holdings Ltd  PBH.AX :
    * ANTICIPATES TO DELIVER POSITIVE GROUP EBITDA IN FY25
    * EXPECTS FY24 TOTAL NET WIN TO BE 10%-20% HIGHER THAN FY23
    * FY LOSS FROM CONTINUING OPERATIONS A$107.9 MILLION VERSUS
A$20.6
MILLION LOSS
    * EXPECTS GROSS PROFIT MARGIN IN FY24 TO BE C. 50%
    * EXPECTS GROUP EBITDA TO BE AT OR CLOSE TO BREAKEVEN FROM
APRIL
2024
    * EXPECTS FY24 NORMALISED OPERATING EXPENSES (EXCLUDING.
MARKETING
EXPENSE) TO BE BETWEEN A$60 MILLION - A$70 MILLION
    * FY NET REVENUE FROM CONTINUING OPERATIONS A$210.3 MILLION
VERSUS
A$195.4 MILLION

Source text for Eikon:  ID:nASX65523W 
Further company coverage:  PBH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))