Aug 22, 2024 / 12:30AM GMT
Sam Swanell - Pointsbet Holdings Ltd - Group Chief Executive Officer, Co-Founder, Managing Director, Executive Director
Good morning. Thank you for joining this call to present the PointsBet Holdings Limited full-year FY24 results. This is Sam Swanell, Group CEO, and I'm joined today by our Group CFO, Alister Lui.
Today, we will talk to our investor presentation, which was lodged with the ASX this morning, together with our full-year financial report. Before we begin, please note the safe harbor statement in the presentation and that all figures are in Australian dollar unless otherwise stated.
Turning to slide 4. The key event during the year was the completion of the sale of the US business to Fanatics Betting and Gaming for a headline purchase price of USD225 million. Despite the strategic success of building a valuable asset in the US, the cost of operating in a state-by-state environment, together with the requirement to build significant scale to compete against well-capitalized operators meant that a sale delivered the most attractive risk-adjusted value outcome for shareholders.
Full Year 2024 Pointsbet Holdings Ltd Earnings Call Transcript
Aug 22, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers