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
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Full Year 2023 Pointsbet Holdings Ltd Earnings Call Transcript

Aug 31, 2023 / 12:00AM GMT
Release Date Price: $0.84 (-16.00%)
Operator

Thank you for standing by, and welcome to the PointsBet Holdings Limited FY '23 Financial Results Call. (Operator Instructions)

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

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

Good morning. Thank you for joining this call to present the PointsBet Holdings Limited Full Year 2023 results. This is Sam Swanell, Group CEO, and I'm joined today by our Group CFO, Andrew Mellor. Today, we will talk to our investor presentation, which was lodged with the ASX this morning, together with our full year financial report. But before we begin, please note the safe harbor statement in the presentation and that all figures are in Australian dollars unless otherwise stated.

Turning to Slide 4. The key event during the year was the approval by shareholders on 30 June 2023 of the sale of the U.S. business to Fanatics Betting and Gaming for a headline purchase price of USD 225 million. Completion of the sale will take place over a

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