Pointsbet Holdings Ltd (OTCPK:PBTHF)
$ 0.4603 0.0132 (2.95%) Market Cap: 155.15 Mil Enterprise Value: 127.65 Mil PE Ratio: 0 PB Ratio: 11.51 GF Score: 57/100

Half Year 2020 Pointsbet Holdings Ltd Earnings Call Transcript

Feb 26, 2020 / 01:00AM GMT
Release Date Price: $3.67
Samuel J. Swanell
PointsBet Holdings Limited - Co-Founder, MD, Group CEO & Director

Good morning. I'd like to thank you for joining this call for the PointsBet Holdings Limited Half Year 2020 Results. This is Sam Swanell, group CEO, and I'm joined today by our CFO, Andrew Mellor; and Eric Foote, U.S. Chief Commercial Officer, joining us from New York.

Today, we will talk through our investor presentation, which was lodged with the ASX this morning, together with our half year financial report and provide some commentary on our achievements since listing. All figures in this presentation are in Australian dollars unless otherwise stated.

Turning to Slide 4. I'm thrilled with our progress in all key metrics, including turnover, active clients, net win and U.S. market access. Compared to the 6 months to 31st December 2018 to be referred to as the PCP, turnover was up 154% and net win was up 124% to $29.8 million. Demonstrating our significant progress, the net win for the half exceeded net win for the full year to 30 June 2019 of $28.2 million. Growing our active client base in both

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