PointsBet forecast first half revenue below expectations
PointsBet Holdings has announced that it anticipates group revenue for the first half of FY27, spanning from April 1, 2026, to September 30, 2026, to reach around $113 million.
This projection indicates a decline of roughly 16% compared to the $135 million reported in the same period last year. In the filing, PointsBet explained that this decrease is primarily linked to challenges within its Australian operations.
Furthermore, the company expects its normalised EBITDA for H1 FY27 to fall between $(6 million) and $(8 million). PointsBet is set to unveil its comprehensive H1 FY27 results on October 30, 2026.