PointsBet Holdings (ASX:PBH) First Half 2024 Results

Key Financial Results

• Revenue: AU$117.6m (down 34% from 1H 2023).

• Net loss: AU$32.7m (loss narrowed by 82% from 1H 2023).

• AU$0.10 loss per share (improved from AU$0.58 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PointsBet Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Australia.

Performance of the Australian Hospitality industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for PointsBet Holdings (1 is concerning!) that we have uncovered.

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