Pointsbet Holdings Ltd (ASX:PBH)
A$ 0.68 0 (0%) Market Cap: 225.31 Mil Enterprise Value: 185.38 Mil PE Ratio: 0 PB Ratio: 11.51 GF Score: 74/100
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Q2 2020 Pointsbet Holdings Ltd Activities Report Call Transcript

Jan 30, 2020 / 10:00PM GMT
Release Date Price: A$5.27 (-1.35%)
Operator

Thank you for standing by, and welcome to the PointsBet Holdings Limited Q2 FY 2020 4C and Activities Report. (Operator Instructions).

I would now like to hand the conference over to Mr. Sam Swanell, Managing Director and Group CEO. Please go ahead.

Samuel J. Swanell
PointsBet Holdings Limited - Co-Founder, MD, Group CEO & Director

Thanks. Good morning, and thank you for joining this call for the PointsBet Holdings Limited Q2 FY 2020 Activities Report. This is Sam Swanell, CEO, and I'm joined on this call today by our CFO, Andrew Mellor; and General Counsel, Andrew Hensher. This morning, I'll be commenting on our December quarter Appendix 4C release, which was launched with the ASX this morning. Please note, all numbers referred to are unaudited and in Australian dollars.

PointsBet reported a Q2 FY '20 net win of $18 million, a 117% increase on the prior corresponding period of Q2 FY '19, which we now refer to as the PCP, which was $8.3 million. This takes the company's group year-to-date net win to $29.8 million. It is pleasing after 2

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