PointsBet revenue hits record A$261.4 million
PointsBet Holdings has reported its latest financial report for the year ending June 30, 2025, PointsBet Holdings announced a record revenue of $261.4 million, marking a 6% increase from the previous year.
The company achieved its first full financial year of EBITDA profitability with a Normalised EBITDA of $11.2 million, a significant improvement from a loss of $1.8 million in the prior year. Key financial metrics highlighted include a 6% increase in gross profit to $137.0 million and a statutory EBITDA of $4.2 million, up from a loss of $3.4 million the previous year.
The Australian segment reported a record statutory segment EBITDA of $30.1 million, while the Canadian segment showed improvement with a statutory segment EBITDA of ($15.1 million), indicating progress towards profitability.
Looking ahead, PointsBet Holdings Ltd. remains focused on expanding its market presence and enhancing its product offerings, aiming for sustainable growth and improved profitability in its key markets.