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SCOUT Scout Gaming AB News Story

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Sweden's Scout Gaming Q4 revenue falls 20% yr/yr

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

MetricBeat/MissActualConsensus Estimate
Q4 Gaming RevenueSEK 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.)

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