Q1 2021 Pointsbet Holdings Ltd Activities Report Call Transcript
Good morning, and thank you for all joining the PointsBet Holdings Limited Q1 FY '21 Business Update and Activities Report. This is Sam Swanell, CEO, and I'm joined on the call today by our CFO Andrew Mellor.
This morning, I would like to walk you through the Q1 FY '21 trading performance for the Australian and U.S. businesses. I'll then hand over to Andrew Mellor to talk to the Appendix 4C quarterly cash flow update released to the ASX this morning. Please note all numbers referred to are unaudited and in Australian dollars, unless otherwise stated.
Turning to Slide 4. The Q1 performance of the global trading is businesses resulted in strong growth across the key KPIs compared to the prior corresponding period of Q1 FY '20 to be referred to as the PCP. Turnover was up 193% at $691.9 million, gross win up 282% at $70.4 million, net win up 222% at $38.1 million, active clients up 88% at 165,000.
As can be seen on Slide 5, in Australia, active clients were up 73%, and in the United States,
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