InvestSMART

Pointsbet Holdings Limited (ASX:PBH)

ALERT: Price-sensitive ASX Announcement for PBH
Current share price for PBH : $0.925 0.05 (5.71%)+
Announcement
Release
26 Feb 2026 4:07PM
Price at Release
$0.875
Full Release
download
Summary
The document provides an overview of Pointsbet Holdings Limited's financial performance during the first half of fiscal year 2026. Key highlights include a 4% increase in group revenue to AUD 129.3 million compared to the previous corresponding period. Despite the revenue growth, the company recorded a statutory EBITDA loss of AUD 12.2 million, exacerbated by increased operating expenses. The results were influenced by strong performance in iGaming, which saw a 58% growth in net win due to improved turnover and gross win margins. However, sports turnover was impacted by a decline in VIP play. The company's cash flow from operating activities also showed a net outflow of AUD 4.4 million. The report also discusses the strategic realignment under new ownership with MIXI, highlighting the ongoing compliance efforts and the anticipated launch of services in Alberta, Canada in the second half of calendar year 2026.
Key Points
  • Group revenue increased by 4% to AUD 129.3 million.
  • Statutory EBITDA loss of AUD 12.2 million.
  • iGaming net win growth of 58%.
  • Sports turnover affected by lower VIP play.
  • Net cash outflow from operating activities of AUD 4.4 million.
  • Strategic realignment under MIXI ownership.
  • Expected launch in Alberta, Canada in H2 CY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.