from Bet-at-home.com AG (isin : DE000A0DNAY5)
EQS-Adhoc: bet-at-home.com AG: financial figures for FY 2023 / forecast for FY 2024
EQS-Ad-hoc: bet-at-home.com AG / Key word(s): Forecast/Forecast
bet-at-home.com AG: financial figures for FY 2023 / forecast for FY 2024
05-March-2024 / 15:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
AD-HOC INFORMATION
PUBLICATION OF INSIDER INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014
bet-at-home.com AG: financial figures for FY 2023 / forecast for FY 2024
Düsseldorf, 05 March 2024
Gross betting and gaming revenue of the bet-at-home.com AG Group (hereinafter also referred to as the "BaH Group") for the financial year 2023 amounted to EUR 46,176 thousand (previous year: EUR 53,532 thousand) and falls within the forecast range adjusted in October 2023. EBITDA of the BaH Group in the financial year 2023 stood at EUR 807 thousand (previous year: EUR 2,105 thousand) and was in the upper range of the initially announced forecast for the financial year 2023.
“EBITDA before special items”, which was introduced as an alternative performance measure (non-IFRS measure) in 2023 for representation of the Group's operating result, amounted in the financial year 2023 to EUR 2,361 thousand (previous year: EUR 4,361 thousand) (unaudited in each case). In the financial year 2023 for the calculation of EBITDA before special items, expenses for legal cases/ customer claims in the amount of EUR 2,692 thousand (previous year: EUR 4,781 thousand) were added to EBITDA and income from reversals of impairment losses in the amount of EUR 1,138 thousand (previous year: EUR 2,524 thousand) was deducted from EBITDA.
EBITDA before special items represents the Group's operating result before special effects, i.e. the Group's result adjusted for special expenses and special income (i.e. effects that are special in terms of their nature and amount for management of the Group). Special items may include restructuring, legal cases in connection with customer claims, as well as closures or disposals of parts of the company.
For the financial year 2024, the Management Board expects revenue and earnings to be at (forecast):
- Gross betting and gaming revenue: EUR 45 million to EUR 53 million
- EBITDA before special items: EUR -1 million to EUR 2.5 million
About bet-at-home
The bet-at-home.com AG Group is active in the domain of online sports betting and online gaming. With 5.7 million registered customers, the company (which is listed on the Frankfurt stock exchange in the Prime Standard segment) represents, together with its subsidiaries, one of the largest providers in Europe. The bet-at-home.com AG Group has companies in Germany, Austria, Malta and Gibraltar. The Group holds various licenses via its Maltese companies for online sports betting and online gambling. These licences authorise the company to organise and to sell online sports betting and online casinos in Germany as well as in other countries of the European Union. bet-at-home is certified according to ISO/IEC 27001:2013 for all Group companies in Germany, Austria and Malta.
Since 2009, bet-at-home.com AG has been part of the Betclic Everest SAS Group, a French group specialising in online gambling and online sports betting. FL Entertainment N.V. holds the majority of shares and voting rights in bet-at-home.com AG via Betclic Everest SAS. The bet-at-home.com AG Group is therefore included in the consolidated financial statements of FL Entertainment N.V., which are disclosed on a regular basis on the dates specified in the FL Entertainment N.V. financial calendar.
Contact
Investor Relations
+49 211 545 598 77
ir@bet-at-home.com
www.bet-at-home.ag
End of Inside Information
05-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: | English |
Company: | bet-at-home.com AG |
Tersteegenstrasse 30 | |
40474 Düsseldorf | |
Germany | |
Phone: | +49 211 545 598 77 |
Fax: | +49 211 545 598 78 |
E-mail: | ir@bet-at-home.com |
Internet: | www.bet-at-home.ag |
ISIN: | DE000A0DNAY5 |
WKN: | A0DNAY |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1851949 |
End of Announcement | EQS News Service |
1851949 05-March-2024 CET/CEST