Overview
Swedish B2B sports betting firm's Q4 revenue fell 20% yr/yr to mSEK 10.9
B2B revenue decreased 23% while B2C revenue increased 17% in Q4
Q4 EBITDA loss widened to mSEK -2.1 from mSEK -1.2
Outlook
Scout Gaming did not provide specific guidance for future quarters or years
Result Drivers
B2B REVENUE DECLINE - Co reported a 23% decrease in B2B revenues, contributing to overall revenue decline
B2C REVENUE GROWTH - Co's B2C revenues rose 17%, offsetting some of the decline in B2B segment
WRITE-DOWN EXPENSES - Co's expenses included write-down of receivables amounting to mSEK -1.1
Company press release: ID:nMFN3XpKJp
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gaming Revenue
SEK 10.90 mln
Q4 EPS
-SEK 0.01
Q4 Net Income
-SEK 2.60 mln
Q4 EBITDA
-SEK 2.10 mln
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.)