View ValuationBetter Collective 향후 성장Future 기준 점검 4/6Better Collective (는) 각각 연간 30% 및 7.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 22% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.6% 로 예상됩니다.핵심 정보30.0%이익 성장률21.98%EPS 성장률Hospitality 이익 성장8.8%매출 성장률7.7%향후 자기자본이익률8.57%애널리스트 커버리지Low마지막 업데이트06 Aug 2026최근 향후 성장 업데이트분석 기사 • May 23Earnings Miss: Better Collective A/S Missed EPS By 40% And Analysts Are Revising Their ForecastsIt's been a mediocre week for Better Collective A/S ( STO:BETCO ) shareholders, with the stock dropping 11% to kr121 in...Major Estimate Revision • Nov 19Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.503 to €0.43 per share. Revenue forecast steady at €342.3m. Net income forecast to grow 73% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target up from kr147 to kr173. Share price was steady at kr109 over the past week.분석 기사 • Nov 15Better Collective A/S Just Missed EPS By 70%: Here's What Analysts Think Will Happen NextBetter Collective A/S ( STO:BETCO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...분석 기사 • Aug 23Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Better Collective A/S ( STO:BETCO ) last week released its latest quarterly, and things did not turn...분석 기사 • May 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowBetter Collective A/S ( STO:BETCO ) last week reported its latest quarterly results, which makes it a good time for...공고 • May 22+ 1 more updateBetter Collective A/S Maintains Earnings Guidance for Full Year 2025Better Collective A/S maintains earnings guidance for full year 2025. For the period, the company expects Revenue of EUR 320 million - EUR 350 million.모든 업데이트 보기Recent updates공고 • Jul 13Better Collective Launches Online Sports Betting and Igaming in AlbertaBetter Collective to launch in Alberta, Canada as regulated online sports betting and iGaming goes live. Alberta’s launch of licensed online sports betting and iGaming market on July 13, 2026, marks a new milestone in the continued expansion of regulated markets across North America. Better Collective is well positioned for this moment, bringing its data-driven sports and betting media and innovative betting tools to sports fans across the province. In the lead-up to launch, the company has worked closely with all incoming sportsbooks to ensure a seamless and successful market debut as each goes live. Better Collective operates a House of Brands spanning digital sports media, sports betting media, and esports communities, reaching more than 112 million sports fans monthly that generates 450 million monthly visits. With leading North American brands such as The Nation Network, Action Network, Canada Sports Betting, and VegasInsider, the company delivers expert analysis, real-time data, and in-depth insights that elevate the fan experience. Better Collective also brings world-leading paid media competencies, combining proprietary technology, first-party data, and advanced performance marketing capabilities to connect regulated operators with high-intent sports fans at scale. In Alberta, sports fans will benefit from localized coverage, team-specific analysis, as well as Playbook, Better Collective’s new AI betting solution and official X social media integration. Better Collective already has an established presence in Alberta through The Nation Network, a sports media company operating team-focused digital brands, video content, newsletters, and social platforms across North America. Its portfolio includes Daily Faceoff and some of the most engaged hockey communities within the industry. Licensed sportsbooks in Alberta will also benefit from Mindway AI’s award-winning suite of AI- and neuroscience-based solutions, which help detect at-risk gambling behavior and promote safer betting. As part of Better Collective, Mindway AI reinforces the company’s commitment to fostering a safer, more transparent betting environment in newly regulated markets.내러티브 업데이트 • Jun 30BETCO: AI Betting Expansion Into Brazil Will Support Long-Term EarningsAnalysts have raised their SEK price target on Better Collective to 167.97 from 146.66, citing updated assumptions for revenue growth, profit margins and future P/E multiples. What’s in the News for Better Collective Better Collective launched Playbook in Brazil, introducing its AI powered betting solution to one of the largest football markets ahead of the World Cup, according to a company key development filing.내러티브 업데이트 • Jun 16BETCO: Fairly Valued Outlook Will Rely On Expanding AI Betting RolloutAnalysts have lifted their SEK price target for Better Collective by about SEK 15, citing updated assumptions around slightly higher revenue growth, modestly stronger profit margins, and a small adjustment to the discount rate and future P/E used in their valuation work. What’s in the News for Better Collective Better Collective launched Playbook, its AI powered betting solution, in Brazil, targeting one of the world’s largest football markets and aligning the rollout with the World Cup timeline.공고 • Jun 12Better Collective Launches AI Betting Solution Playbook in BrazilBetter Collective announced the official Brazil launch of Playbook, its AI powered betting solution designed to transform how fans place bets, seamlessly integrating into their sports engagement through personalized recommendations and data-driven insights. Playbook is built to support fans before and during major sporting moments, combining advanced models with Better Collective’s deep sports media expertise. The solution enables users to seamlessly generate customized betslips from sports-related content and access them through their preferred regulated sportsbooks. Since the first market launch in the US in September, Playbook has driven millions of bets to Better Collective's sportsbook partners. The launch of Playbook in Brazil marks an important milestone, bringing the product to one of the world’s most passionate football nations just in time for the World Cup. Initially focused on soccer, Playbook will mostly roll out live on X, Telegram and Discord. The launch of Playbook reinforces Better Collective’s role as the digital home of sports fans and further strengthens the company’s position as a go to partner for sportsbooks looking to reach and retain high quality, engaged audiences in regulated markets. Following the Brazil launch, Better Collective plans to expand Playbook into additional markets, adapting the product to local regulations and user preferences. The expansion comes on the heels of the recent announcement that Better Collective and X have extended their strategic partnership, naming Playbook as an Official Partner to help scale the betting product globally.내러티브 업데이트 • Jun 01BETCO: Buybacks And Higher P E Multiple Expectations Will Shape Future ReturnsAnalysts have raised their SEK price target for Better Collective by SEK 15. This reflects updated views on its fair value, discount rate, revenue growth outlook, profit margins and future P/E assumptions.분석 기사 • May 23Earnings Miss: Better Collective A/S Missed EPS By 40% And Analysts Are Revising Their ForecastsIt's been a mediocre week for Better Collective A/S ( STO:BETCO ) shareholders, with the stock dropping 11% to kr121 in...Reported Earnings • May 22First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: €0.12 (up from €0.058 in 1Q 2025). Revenue: €86.3m (up 4.5% from 1Q 2025). Net income: €7.32m (up 101% from 1Q 2025). Profit margin: 8.5% (up from 4.4% in 1Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.내러티브 업데이트 • May 03BETCO: Buybacks And Measured P E Assumptions Will Shape Future ReturnsAnalysts have increased their SEK price target on Better Collective by SEK 15, citing updated assumptions on revenue growth, profit margins and forward P/E multiples that slightly adjust their fair value and discount rate inputs. Analyst Commentary Recent research points to a more measured tone around Better Collective, even with the SEK 15 adjustment to the SEK price target.내러티브 업데이트 • Apr 18BETCO: Higher P/E Assumptions And Buybacks Will Shape Future Return BalanceAnalysts have lifted their SEK price target on Better Collective by SEK 15, citing updated assumptions around revenue growth, profitability, and a higher future P/E multiple. Analyst Commentary The higher SEK target price reflects updated views on Better Collective's revenue and margin profile, but not all commentary is upbeat.공고 • Mar 07Bolero Holdings SARL acquired 5.24% stake in Better Collective A/S (OM:BETCO).Bolero Holdings SARL acquired 5.24% stake in Better Collective A/S (OM:BETCO) on March 6, 2026. As a result of the acquisition, Triton Administration (Jersey) Limited has exceeded the 5% threshold of the share capital and voting rights in Better Collective A/S. Bolero Holdings SARL completed the acquisition of 5.24% stake in Better Collective A/S (OM:BETCO) on March 6, 2026.공고 • Mar 05Better Collective A/S (OM:BETCO) announces an Equity Buyback for 10% of its issued share capital, for €40 million.Better Collective A/S (OM:BETCO) announces a share repurchase program. Under the program, the company will repurchase up to €40 million worth of it's shares. The maximum number of shares that can be bought under the program cannot exceed 10% of the Company’s total outstanding share capital. The purpose of the program is to cover future obligations of the Company relating to acquisitions, cover share delivery obligations relating to long-term incentive (LTI) programs, and potentially optimizing and improving the capital structure of the Company by reducing the capital. During the program, no shares will be purchased at a price exceeding the higher of the price of the latest independent trade and the highest current independent bid on the trading venue where the purchase is carried out. The program will be funded via cash. The program is valid till March 3, 2027. As of March 5, 2026, the company had 451,449 shares in treasury.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 26%After last week's 26% share price gain to kr142, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Hospitality industry in Sweden. Total loss to shareholders of 24% over the past three years.공고 • Mar 03Better Collective A/S, Annual General Meeting, Mar 24, 2026Better Collective A/S, Annual General Meeting, Mar 24, 2026, at 12:00 W. Europe Standard Time.Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.38 (down from €0.55 in FY 2024). Revenue: €336.7m (down 9.4% from FY 2024). Net income: €23.6m (down 31% from FY 2024). Profit margin: 7.0% (down from 9.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr123, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Hospitality industry in Sweden. Total loss to shareholders of 31% over the past three years.공고 • Nov 23Better Collective A/S to Report Fiscal Year 2026 Results on Feb 24, 2027Better Collective A/S announced that they will report fiscal year 2026 results on Feb 24, 2027공고 • Nov 21+ 2 more updatesBetter Collective A/S to Report Q2, 2026 Results on Aug 20, 2026Better Collective A/S announced that they will report Q2, 2026 results on Aug 20, 2026Major Estimate Revision • Nov 19Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.503 to €0.43 per share. Revenue forecast steady at €342.3m. Net income forecast to grow 73% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target up from kr147 to kr173. Share price was steady at kr109 over the past week.분석 기사 • Nov 15Better Collective A/S Just Missed EPS By 70%: Here's What Analysts Think Will Happen NextBetter Collective A/S ( STO:BETCO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...Reported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: €0.03 (up from €0.018 in 3Q 2024). Revenue: €78.3m (down 3.6% from 3Q 2024). Net income: €1.64m (up 47% from 3Q 2024). Profit margin: 2.1% (up from 1.4% in 3Q 2024). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 70%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.내러티브 업데이트 • Nov 10BETCO: Upcoming AI Sports Betting Launch Will Drive Long-Term EarningsAnalysts have revised their fair value estimate for Better Collective downward from €172.96 to €146.66, citing slightly lower revenue growth expectations as well as a modestly higher discount rate in their updated outlook. What's in the News Announced a strategic partnership with X to launch Playbook, an AI-driven sports betting solution.분석 기사 • Nov 09Cautious Investors Not Rewarding Better Collective A/S' (STO:BETCO) Performance CompletelyWith a median price-to-earnings (or "P/E") ratio of close to 22x in Sweden, you could be forgiven for feeling...내러티브 업데이트 • Sep 23Brazil And North America Markets Will Expand Digital Sports MediaDespite a sharp rise in Better Collective’s future P/E and a slight dip in net profit margin, analysts have notably increased the consensus price target from SEK164.50 to SEK172.96. What's in the News Better Collective launched Playbook, an AI-powered betting solution that enhances user engagement by enabling seamless bet placement through bet slip image recognition and smart deeplinks, initially rolling out in the US ahead of the NFL season.분석 기사 • Sep 01Investors Can Find Comfort In Better Collective's (STO:BETCO) Earnings QualitySoft earnings didn't appear to concern Better Collective A/S' ( STO:BETCO ) shareholders over the last week. Our...분석 기사 • Aug 23Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Better Collective A/S ( STO:BETCO ) last week released its latest quarterly, and things did not turn...Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.09 (down from €0.16 in 2Q 2024). Revenue: €81.5m (down 18% from 2Q 2024). Net income: €5.28m (down 49% from 2Q 2024). Profit margin: 6.5% (down from 10% in 2Q 2024). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공고 • May 29Better Collective A/S (OM:BETCO) commences an Equity Buyback Plan for 6,195,887 shares, representing 9.82% of its issued share capital, under the authorization approved on April 22, 2025.Better Collective A/S (OM:BETCO) commences share repurchases on May 22, 2025, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2025. As per the mandate, the company is authorized to repurchase up to 6,195,887 shares, representing 9.82% of its issued share capital. The shares will be repurchased at a price per share within the band of prices (spread) applying on the Exchange. The program is valid until the annual general meeting to be held in 2026. As of March 28, 2025, the company had 63,076,627 shares in issue. On May 21, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,195,887 shares for €10 million. The purpose of the program is to improve the capital structure of the Company by reducing the capital and partially cover the share delivery obligations relating to long-term incentive (LTI) programs. The repurchases will take place from May 22, 2025, to August 26, 2025.분석 기사 • May 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowBetter Collective A/S ( STO:BETCO ) last week reported its latest quarterly results, which makes it a good time for...Reported Earnings • May 22First quarter 2025 earnings released: EPS: €0.058 (vs €0.13 in 1Q 2024)First quarter 2025 results: EPS: €0.058 (down from €0.13 in 1Q 2024). Revenue: €82.6m (down 13% from 1Q 2024). Net income: €3.64m (down 52% from 1Q 2024). Profit margin: 4.4% (down from 7.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공고 • May 22+ 1 more updateBetter Collective A/S Maintains Earnings Guidance for Full Year 2025Better Collective A/S maintains earnings guidance for full year 2025. For the period, the company expects Revenue of EUR 320 million - EUR 350 million.분석 기사 • May 20Is Now The Time To Look At Buying Better Collective A/S (STO:BETCO)?Better Collective A/S ( STO:BETCO ), is not the largest company out there, but it saw a significant share price rise of...Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr116, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr213 per share.분석 기사 • Apr 08Investors Holding Back On Better Collective A/S (STO:BETCO)With a price-to-earnings (or "P/E") ratio of 16.2x Better Collective A/S ( STO:BETCO ) may be sending bullish signals...분석 기사 • Mar 20Better Collective A/S' (STO:BETCO) Intrinsic Value Is Potentially 76% Above Its Share PriceKey Insights The projected fair value for Better Collective is kr216 based on 2 Stage Free Cash Flow to Equity Better...새로운 내러티브 • Mar 16Playmaker Capital Acquisition Will Expand Digital Sports Presence In South America Prioritizing organic growth and cost-efficiency could enhance long-term revenue, net margins, and shareholder value. 분석 기사 • Mar 02Better Collective's (STO:BETCO) Soft Earnings Don't Show The Whole PictureSoft earnings didn't appear to concern Better Collective A/S' ( STO:BETCO ) shareholders over the last week. We think...Major Estimate Revision • Feb 26Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €365.3m to €341.3m. EPS estimate also fell from €0.763 per share to €0.655 per share. Net income forecast to grow 22% next year vs 20% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target down from kr224 to kr160. Share price fell 4.8% to kr112 over the past week.분석 기사 • Feb 22Better Collective A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearLast week saw the newest yearly earnings release from Better Collective A/S ( STO:BETCO ), an important milestone in...Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.55 (down from €0.72 in FY 2023). Revenue: €371.5m (up 14% from FY 2023). Net income: €34.0m (down 15% from FY 2023). Profit margin: 9.2% (down from 12% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공고 • Feb 20+ 3 more updatesBetter Collective A/S, Annual General Meeting, Apr 22, 2025Better Collective A/S, Annual General Meeting, Apr 22, 2025.분석 기사 • Jan 15We Think Better Collective (STO:BETCO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Major Estimate Revision • Nov 20Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.403 to €0.351 per share. Revenue forecast steady at €364.1m. Net income forecast to grow 85% next year vs 24% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target down from kr245 to kr233. Share price fell 7.1% to kr130 over the past week.분석 기사 • Nov 17Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowLast week, you might have seen that Better Collective A/S ( STO:BETCO ) released its quarterly result to the market...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €0.018 (vs €0.056 in 3Q 2023)Third quarter 2024 results: EPS: €0.018 (down from €0.056 in 3Q 2023). Revenue: €81.2m (up 7.6% from 3Q 2023). Net income: €1.12m (down 64% from 3Q 2023). Profit margin: 1.4% (down from 4.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.분석 기사 • Nov 03Time To Worry? Analysts Are Downgrading Their Better Collective A/S (STO:BETCO) OutlookThe latest analyst coverage could presage a bad day for Better Collective A/S ( STO:BETCO ), with the analysts making...분석 기사 • Oct 28Not Many Are Piling Into Better Collective A/S (STO:BETCO) Stock Yet As It Plummets 42%Better Collective A/S ( STO:BETCO ) shareholders that were waiting for something to happen have been dealt a blow with...Major Estimate Revision • Oct 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €410.4m to €393.4m. EPS estimate also fell from €0.822 per share to €0.733 per share. Net income forecast to grow 107% next year vs 21% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target broadly unchanged at kr369. Share price fell 41% to kr131 over the past week.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment deteriorates as stock falls 41%After last week's 41% share price decline to kr131, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 37x in the Interactive Media and Services industry in Sweden. Total loss to shareholders of 28% over the past three years.공고 • Oct 25Better Collective A/S Updates Earnings Guidance for the Full Year 2024Better Collective A/S updated earnings guidance for the full year 2024. For the year, the company expects revenue of EUR 355 million - EUR 375 million (previously EUR 395 million - EUR 425 million).공고 • Oct 11Better Collective Announces Nomination Committee AppointmentsBetter Collective has appointed its nomination committee, based on ownership data as per August 31, 2024. Better Collective’s Nomination Committee shall consist of four members, representing the three largest shareholders as per the end of August each year, together with the Chair of the Board of Directors. In accordance with the shareholders’ decision, the nomination committee has been appointed and is composed by four members in total: Søren Jørgensen, appointed by Chr. Dam Holding. Troels Bisgaard Vig, appointed by J. Søgaard Holding. Anders Lund, appointed by BLS Capital Aondsmæglerselskab A/S. Jens Bager, Chair of the Board of Directors, Better Collective.Recent Insider Transactions • Sep 01Independent Chairman recently sold kr35m worth of stockOn the 28th of August, Jens Bager sold around 150k shares on-market at roughly kr231 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jens' only on-market trade for the last 12 months.분석 기사 • Aug 30Earnings Troubles May Signal Larger Issues for Better Collective (STO:BETCO) ShareholdersThe subdued market reaction suggests that Better Collective A/S' ( STO:BETCO ) recent earnings didn't contain any...분석 기사 • Aug 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowShareholders might have noticed that Better Collective A/S ( STO:BETCO ) filed its second-quarter result this time last...New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Reported Earnings • Aug 22Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: €0.16 (up from €0.15 in 2Q 2023). Revenue: €99.1m (up 27% from 2Q 2023). Net income: €10.3m (up 24% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.분석 기사 • Jun 16Better Collective A/S (STO:BETCO) Shares Slammed 28% But Getting In Cheap Might Be Difficult RegardlessBetter Collective A/S ( STO:BETCO ) shareholders won't be pleased to see that the share price has had a very rough...공고 • May 30Better Collective A/S (OM:BETCO) commences an Equity Buyback for 6,289,950 shares, representing 10% of its issued share capital, under the authorization approved on April 22, 2024.Better Collective A/S (OM:BETCO) commences share repurchases on May 22, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2024. As per the mandate, the company is authorized to repurchase up to 6,289,950 shares, representing 10% of its issued share capital. The shares will be repurchased at a price per share within the band of prices (spread) applying on the Exchange. The program is valid until the annual general meeting to be held in 2025. As of March 25, 2024, the company had 62,899,505 shares in issue. On May 21, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,289,950 shares for €2.4 million. The purpose of the program is to partially cover the share delivery obligations relating to the acquisition of Ace Odds. The repurchases will take place from May 22, 2024, to July 3, 2024.Valuation Update With 7 Day Price Move • May 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr249, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 30x in the Interactive Media and Services industry in Sweden. Total returns to shareholders of 16% over the past three years.분석 기사 • May 24Earnings Miss: Better Collective A/S Missed EPS By 37% And Analysts Are Revising Their ForecastsThere's been a notable change in appetite for Better Collective A/S ( STO:BETCO ) shares in the week since its...공고 • May 23+ 1 more updateBetter Collective A/S to Report Fiscal Year 2024 Final Results on Mar 25, 2025Better Collective A/S announced that they will report fiscal year 2024 final results on Mar 25, 2025Reported Earnings • May 22First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: €0.13 (down from €0.38 in 1Q 2023). Revenue: €95.0m (up 8.1% from 1Q 2023). Net income: €7.55m (down 64% from 1Q 2023). Profit margin: 7.9% (down from 24% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • May 08Is Now An Opportune Moment To Examine Better Collective A/S (STO:BETCO)?While Better Collective A/S ( STO:BETCO ) might not have the largest market cap around , it received a lot of attention...분석 기사 • Apr 16Why We Think Better Collective A/S' (STO:BETCO) CEO Compensation Is Not Excessive At AllKey Insights Better Collective will host its Annual General Meeting on 22nd of April Salary of €516.0k is part of CEO...Buy Or Sell Opportunity • Apr 09Now 24% undervaluedOver the last 90 days, the stock has risen 13% to kr281. The fair value is estimated to be kr369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.공고 • Mar 26Better Collective A/S to Report Q3, 2024 Results on Nov 13, 2024Better Collective A/S announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Mar 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.72 (down from €0.88 in FY 2022). Revenue: €326.7m (up 21% from FY 2022). Net income: €39.8m (down 17% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공고 • Mar 01+ 1 more updateBetter Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion.Better Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 5,712,284 Price\Range: €189.4 Transaction Features: Subsequent Direct ListingReported Earnings • Feb 23Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.72 (down from €0.88 in FY 2022). Revenue: €326.7m (up 21% from FY 2022). Net income: €39.8m (down 17% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 14Market Participants Recognise Better Collective A/S' (STO:BETCO) Earnings Pushing Shares 26% HigherDespite an already strong run, Better Collective A/S ( STO:BETCO ) shares have been powering on, with a gain of 26% in...New Risk • Feb 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (5.1% increase in shares outstanding).공고 • Feb 08Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders.Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders for approximately CAD 170 million on November 6, 2023. Under the transaction, the holders of Playmaker Capital common shares will receive consideration of CAD 0.7 per share. The consideration comprises cash and shares of Better Collective. Playmaker Capital’s shareholders will be able to elect either CAD 0.70 in cash or 0.0206 shares of Better Collective per Playmaker Capital common share, subject to proration and an aggregate cap of 65% shares in Better Collective and 35% in cash. Playmaker Capital shareholders who do not elect cash or shares of Better Collective (subject to proration) will receive a default consideration of CAD 0.245 in cash (35%) and 0.0134 shares of Better Collective (65%) per Playmaker Capital common share. The cash consideration will be paid by existing cash on the balance sheet and already established bank credit facilities. Following the closing of the transaction, Playmaker Capital will be a wholly owned subsidiary of Better Collective. In case of temination under certain circumstances, either party will pay a termination fee of CAD 5 million to other party.The Transaction is to be effected by way of a court-approved plan of arrangement and is expected to close in the first quarter of 2024, subject to receipt of 66 2/3% of the votes cast by Playmaker shareholders and court approvals, a required regulatory approval and customary closing conditions. Completion of the Transaction is not subject to any financing condition. Playmaker’s board of directors has unanimously concluded that the Transaction is in the best interests of Playmaker and recommends that Playmaker shareholders vote in favor of the Transaction. Playmaker shareholders representing approximately 50% of Playmaker’s issued and outstanding common shares, including several of Playmaker’s largest shareholders and each of the Company’s directors and named executive officers, have entered into a voting support agreement pursuant to which each has committed to vote in favour of the Transaction. The transaction is subject to other customary closing conditions, including the approval of certain U.S. gaming authorities and approval under the Investment Canada Act. As of January 22, 2024, Playmaker Capital shareholders approved the transaction. The transaction is expected to close in early February. As of January 31, 2024, Playmaker Capital has received approval from the Minister of Canadian Heritage under the Investment Canada Act. Playmaker is also pleased to announce that the Ontario Superior Court (Commercial List) issued a final order approving the Arrangement on January 24, 2024. Following receipt of Heritage Approval and the Final Order, all conditions to closing of the Arrangement have been satisfied or waived, save for those conditions to be satisfied as part of the closing process. The Arrangement is expected to close on February 6, 2024.Canaccord Genuity Corp. acted as independent financial advisor to Playmaker’s board of directors and also delivered a fairness opinion to Playmaker’s board of directors. Oakvale Capital LLP is acting as financial advisor and Brandon Hoffman of Goodmans LLP is acting as legal advisor to Playmaker in connection with the Transaction. Moelis & Company LLC are acting as exclusive financial advisor, Mario Nigro and John Lee of Stikeman Elliott LLP, BechBruun Law Firm P/S and Greenberg Traurig LLP are acting as legal advisors and PriceWaterhouseCoopers acted as accounting and tax advisor to Better Collective in connection with the transaction. Odyssey Trust Company acted as depositary to Better Collective.Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders on February 6, 2024.분석 기사 • Feb 05Is Better Collective (STO:BETCO) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Jan 23An Intrinsic Calculation For Better Collective A/S (STO:BETCO) Suggests It's 41% UndervaluedKey Insights The projected fair value for Better Collective is kr443 based on 2 Stage Free Cash Flow to Equity Better...분석 기사 • Dec 18Here's Why We Think Better Collective (STO:BETCO) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Recent Insider Transactions • Nov 24CFO & Executive VP recently bought kr1.6m worth of stockOn the 20th of November, Flemming Pedersen bought around 7k shares on-market at roughly kr238 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Flemming's only on-market trade for the last 12 months.Reported Earnings • Nov 19Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: €0.056 (down from €0.13 in 3Q 2022). Revenue: €75.4m (up 26% from 3Q 2022). Net income: €3.11m (down 55% from 3Q 2022). Profit margin: 4.1% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.973 to €0.78 per share. Revenue forecast steady at €326.8m. Net income forecast to grow 10% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target broadly unchanged at kr345. Share price fell 22% to kr219 over the past week.공고 • Nov 17Better Collective A/S to Report Q1, 2024 Results on May 21, 2024Better Collective A/S announced that they will report Q1, 2024 results on May 21, 2024Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to kr221, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 69% over the past three years.공고 • Nov 08Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million.Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million on November 6, 2023. Under the transaction, the holders of Playmaker Capital common shares will receive consideration of CAD 0.7 per share. The consideration comprises cash and shares of Better Collective. Playmaker Capital’s shareholders will be able to elect either CAD 0.70 in cash or 0.0206 shares of Better Collective per Playmaker Capital common share, subject to proration and an aggregate cap of 65% shares in Better Collective and 35% in cash. Playmaker Capital shareholders who do not elect cash or shares of Better Collective (subject to proration) will receive a default consideration of CAD 0.245 in cash (35%) and 0.0134 shares of Better Collective (65%) per Playmaker Capital common share. The cash consideration will be paid by existing cash on the balance sheet and already established bank credit facilities. Following the closing of the transaction, Playmaker Capital will be a wholly owned subsidiary of Better Collective. The Transaction is to be effected by way of a court-approved plan of arrangement and is expected to close in the first quarter of 2024, subject to receipt of 66 2/3% of the votes cast by Playmaker shareholders and court approvals, a required regulatory approval and customary closing conditions. Completion of the Transaction is not subject to any financing condition. Playmaker’s board of directors has unanimously concluded that the Transaction is in the best interests of Playmaker and recommends that Playmaker shareholders vote in favor of the Transaction. Playmaker shareholders representing approximately 50% of Playmaker’s issued and outstanding common shares, including several of Playmaker’s largest shareholders and each of the Company’s directors and named executive officers, have entered into a voting support agreement pursuant to which each has committed to vote in favour of the Transaction. The Transaction is subject to other customary closing conditions, including the approval of certain U.S. gaming authorities and approval under the Investment Canada Act. Canaccord Genuity Corp. acted as independent financial advisor to Playmaker’s board of directors and also delivered a fairness opinion to Playmaker’s board of directors. Oakvale Capital LLP is acting as financial advisor and Goodmans LLP is acting as legal advisor to Playmaker in connection with the Transaction. Moelis & Company LLC are acting as exclusive financial advisor, Stikeman Elliott LLP, BechBruun Law Firm P/S and Greenberg Traurig LLP are acting as legal advisors and PriceWaterhouseCoopers acted as accounting and tax advisor to Better Collective in connection with the transaction.분석 기사 • Nov 06Should You Think About Buying Better Collective A/S (STO:BETCO) Now?Better Collective A/S ( STO:BETCO ), is not the largest company out there, but it received a lot of attention from a...공고 • Oct 17+ 1 more updateBetter Collective A/S Announces Board AppoiintmentsBetter Collective appointed its nomination committee, based on ownership data as per August 31, 2023. the Nomination Committee has been appointed and is composed by four members in total: Søren Jørgensen, Chair, appointed by Chr. Dam Holding and J. Søgaard HoldingMartin Jonasson, appointed by Andra AP-Fonden, also representing Tredje AP-Fonden, Michael Knutsson, appointed by Knutsson Holdings AB, Jens Bager, Chair of the Board of Directors, Better Collective.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr281, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 117% over the past three years.분석 기사 • Sep 26Better Collective (STO:BETCO) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공고 • Sep 19Better Collective A/S (OM:BETCO) agreed to acquire TIPS-bladet A/S from Henrik Stegger Nielsen for €6.5 million.Better Collective A/S (OM:BETCO) agreed to acquire TIPS-bladet A/S from Henrik Stegger Nielsen for €6.5 million on September 18, 2023. The total purchase price will be €6.5 million on a cash and debt free basis paid in three installments and will be financed with cash. Henrik Stegger Nielsen joins Better Collective together with all current employees at Tipsbladet. The transaction is expected to close by October 2, 2023.공고 • Sep 06Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA.Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA. on September 4, 2023. The consideration will be paid through cash. The deal includes other smaller assets in the Torcedores.com portfolio, and Better Collective will be taking over all operations. Better Collective A/S (OM:BETCO) completed the acquisition of Goalmedia Tecnologia E Marketing Digital LTDA. on September 4, 2023.공고 • Sep 01Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY).Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million on August 15, 2023. Media portfolio valued at SEK 45 million, purchase price SEK 44 million after deductions. Paid in three installments: SEK 22.5 million upfront, SEK 10.6 million after six months, and SEK 10.6 million after twelve months. The closing of the transaction, which is subject to customary conditions, is expected to August 31, 2023.Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) on August 31, 2023.Reported Earnings • Aug 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: €0.15 (up from €0.13 in 2Q 2022). Revenue: €78.1m (up 39% from 2Q 2022). Net income: €8.30m (up 17% from 2Q 2022). Profit margin: 11% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측OM:BETCO - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284277091114412/31/20273935879102412/31/202636445659043/31/2026340273159N/A12/31/2025337242651N/A9/30/2025339262847N/A6/30/2025341251249N/A3/31/2025359301958N/A12/31/2024371341249N/A9/30/2024361261969N/A6/30/2024355281855N/A3/31/2024334263063N/A12/31/2023327405689N/A9/30/2023328535069N/A6/30/2023312566071N/A3/31/202329055-2164N/A12/31/202226948-5048N/A9/30/202223639-5046N/A6/30/202222228-6040N/A3/31/202220623328N/A12/31/2021177171932N/A9/30/2021161151831N/A6/30/2021134232834N/A3/31/2021109262834N/A12/31/202091222427N/A9/30/202074172628N/A6/30/20207315024N/A3/31/20207315-320N/A12/31/20196714N/A20N/A9/30/20196014N/A18N/A6/30/20195413N/A15N/A3/31/2019488N/A11N/A12/31/2018405N/A7N/A9/30/2018385N/A5N/A6/30/2018334N/A8N/A3/31/2018297N/A9N/A12/31/2017267N/A8N/A12/31/2016175N/A6N/A12/31/2015113N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BETCO 의 연간 예상 수익 증가율(30%)이 saving rate(2.1%)보다 높습니다.수익 vs 시장: BETCO 의 연간 수익(30%)이 Swedish 시장(7.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: BETCO 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: BETCO 의 수익(연간 7.7%)이 Swedish 시장(연간 -1.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: BETCO 의 수익(연간 7.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BETCO의 자본 수익률은 3년 후 8.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/09 15:04종가2026/08/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Better Collective A/S는 7명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierPoul JessenDanske BankOle-Andreas KrohnDNB Carnegie4명의 분석가 더 보기
분석 기사 • May 23Earnings Miss: Better Collective A/S Missed EPS By 40% And Analysts Are Revising Their ForecastsIt's been a mediocre week for Better Collective A/S ( STO:BETCO ) shareholders, with the stock dropping 11% to kr121 in...
Major Estimate Revision • Nov 19Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.503 to €0.43 per share. Revenue forecast steady at €342.3m. Net income forecast to grow 73% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target up from kr147 to kr173. Share price was steady at kr109 over the past week.
분석 기사 • Nov 15Better Collective A/S Just Missed EPS By 70%: Here's What Analysts Think Will Happen NextBetter Collective A/S ( STO:BETCO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
분석 기사 • Aug 23Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Better Collective A/S ( STO:BETCO ) last week released its latest quarterly, and things did not turn...
분석 기사 • May 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowBetter Collective A/S ( STO:BETCO ) last week reported its latest quarterly results, which makes it a good time for...
공고 • May 22+ 1 more updateBetter Collective A/S Maintains Earnings Guidance for Full Year 2025Better Collective A/S maintains earnings guidance for full year 2025. For the period, the company expects Revenue of EUR 320 million - EUR 350 million.
공고 • Jul 13Better Collective Launches Online Sports Betting and Igaming in AlbertaBetter Collective to launch in Alberta, Canada as regulated online sports betting and iGaming goes live. Alberta’s launch of licensed online sports betting and iGaming market on July 13, 2026, marks a new milestone in the continued expansion of regulated markets across North America. Better Collective is well positioned for this moment, bringing its data-driven sports and betting media and innovative betting tools to sports fans across the province. In the lead-up to launch, the company has worked closely with all incoming sportsbooks to ensure a seamless and successful market debut as each goes live. Better Collective operates a House of Brands spanning digital sports media, sports betting media, and esports communities, reaching more than 112 million sports fans monthly that generates 450 million monthly visits. With leading North American brands such as The Nation Network, Action Network, Canada Sports Betting, and VegasInsider, the company delivers expert analysis, real-time data, and in-depth insights that elevate the fan experience. Better Collective also brings world-leading paid media competencies, combining proprietary technology, first-party data, and advanced performance marketing capabilities to connect regulated operators with high-intent sports fans at scale. In Alberta, sports fans will benefit from localized coverage, team-specific analysis, as well as Playbook, Better Collective’s new AI betting solution and official X social media integration. Better Collective already has an established presence in Alberta through The Nation Network, a sports media company operating team-focused digital brands, video content, newsletters, and social platforms across North America. Its portfolio includes Daily Faceoff and some of the most engaged hockey communities within the industry. Licensed sportsbooks in Alberta will also benefit from Mindway AI’s award-winning suite of AI- and neuroscience-based solutions, which help detect at-risk gambling behavior and promote safer betting. As part of Better Collective, Mindway AI reinforces the company’s commitment to fostering a safer, more transparent betting environment in newly regulated markets.
내러티브 업데이트 • Jun 30BETCO: AI Betting Expansion Into Brazil Will Support Long-Term EarningsAnalysts have raised their SEK price target on Better Collective to 167.97 from 146.66, citing updated assumptions for revenue growth, profit margins and future P/E multiples. What’s in the News for Better Collective Better Collective launched Playbook in Brazil, introducing its AI powered betting solution to one of the largest football markets ahead of the World Cup, according to a company key development filing.
내러티브 업데이트 • Jun 16BETCO: Fairly Valued Outlook Will Rely On Expanding AI Betting RolloutAnalysts have lifted their SEK price target for Better Collective by about SEK 15, citing updated assumptions around slightly higher revenue growth, modestly stronger profit margins, and a small adjustment to the discount rate and future P/E used in their valuation work. What’s in the News for Better Collective Better Collective launched Playbook, its AI powered betting solution, in Brazil, targeting one of the world’s largest football markets and aligning the rollout with the World Cup timeline.
공고 • Jun 12Better Collective Launches AI Betting Solution Playbook in BrazilBetter Collective announced the official Brazil launch of Playbook, its AI powered betting solution designed to transform how fans place bets, seamlessly integrating into their sports engagement through personalized recommendations and data-driven insights. Playbook is built to support fans before and during major sporting moments, combining advanced models with Better Collective’s deep sports media expertise. The solution enables users to seamlessly generate customized betslips from sports-related content and access them through their preferred regulated sportsbooks. Since the first market launch in the US in September, Playbook has driven millions of bets to Better Collective's sportsbook partners. The launch of Playbook in Brazil marks an important milestone, bringing the product to one of the world’s most passionate football nations just in time for the World Cup. Initially focused on soccer, Playbook will mostly roll out live on X, Telegram and Discord. The launch of Playbook reinforces Better Collective’s role as the digital home of sports fans and further strengthens the company’s position as a go to partner for sportsbooks looking to reach and retain high quality, engaged audiences in regulated markets. Following the Brazil launch, Better Collective plans to expand Playbook into additional markets, adapting the product to local regulations and user preferences. The expansion comes on the heels of the recent announcement that Better Collective and X have extended their strategic partnership, naming Playbook as an Official Partner to help scale the betting product globally.
내러티브 업데이트 • Jun 01BETCO: Buybacks And Higher P E Multiple Expectations Will Shape Future ReturnsAnalysts have raised their SEK price target for Better Collective by SEK 15. This reflects updated views on its fair value, discount rate, revenue growth outlook, profit margins and future P/E assumptions.
분석 기사 • May 23Earnings Miss: Better Collective A/S Missed EPS By 40% And Analysts Are Revising Their ForecastsIt's been a mediocre week for Better Collective A/S ( STO:BETCO ) shareholders, with the stock dropping 11% to kr121 in...
Reported Earnings • May 22First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: €0.12 (up from €0.058 in 1Q 2025). Revenue: €86.3m (up 4.5% from 1Q 2025). Net income: €7.32m (up 101% from 1Q 2025). Profit margin: 8.5% (up from 4.4% in 1Q 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
내러티브 업데이트 • May 03BETCO: Buybacks And Measured P E Assumptions Will Shape Future ReturnsAnalysts have increased their SEK price target on Better Collective by SEK 15, citing updated assumptions on revenue growth, profit margins and forward P/E multiples that slightly adjust their fair value and discount rate inputs. Analyst Commentary Recent research points to a more measured tone around Better Collective, even with the SEK 15 adjustment to the SEK price target.
내러티브 업데이트 • Apr 18BETCO: Higher P/E Assumptions And Buybacks Will Shape Future Return BalanceAnalysts have lifted their SEK price target on Better Collective by SEK 15, citing updated assumptions around revenue growth, profitability, and a higher future P/E multiple. Analyst Commentary The higher SEK target price reflects updated views on Better Collective's revenue and margin profile, but not all commentary is upbeat.
공고 • Mar 07Bolero Holdings SARL acquired 5.24% stake in Better Collective A/S (OM:BETCO).Bolero Holdings SARL acquired 5.24% stake in Better Collective A/S (OM:BETCO) on March 6, 2026. As a result of the acquisition, Triton Administration (Jersey) Limited has exceeded the 5% threshold of the share capital and voting rights in Better Collective A/S. Bolero Holdings SARL completed the acquisition of 5.24% stake in Better Collective A/S (OM:BETCO) on March 6, 2026.
공고 • Mar 05Better Collective A/S (OM:BETCO) announces an Equity Buyback for 10% of its issued share capital, for €40 million.Better Collective A/S (OM:BETCO) announces a share repurchase program. Under the program, the company will repurchase up to €40 million worth of it's shares. The maximum number of shares that can be bought under the program cannot exceed 10% of the Company’s total outstanding share capital. The purpose of the program is to cover future obligations of the Company relating to acquisitions, cover share delivery obligations relating to long-term incentive (LTI) programs, and potentially optimizing and improving the capital structure of the Company by reducing the capital. During the program, no shares will be purchased at a price exceeding the higher of the price of the latest independent trade and the highest current independent bid on the trading venue where the purchase is carried out. The program will be funded via cash. The program is valid till March 3, 2027. As of March 5, 2026, the company had 451,449 shares in treasury.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 26%After last week's 26% share price gain to kr142, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Hospitality industry in Sweden. Total loss to shareholders of 24% over the past three years.
공고 • Mar 03Better Collective A/S, Annual General Meeting, Mar 24, 2026Better Collective A/S, Annual General Meeting, Mar 24, 2026, at 12:00 W. Europe Standard Time.
Reported Earnings • Feb 26Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.38 (down from €0.55 in FY 2024). Revenue: €336.7m (down 9.4% from FY 2024). Net income: €23.6m (down 31% from FY 2024). Profit margin: 7.0% (down from 9.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.8%. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Hospitality industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr123, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Hospitality industry in Sweden. Total loss to shareholders of 31% over the past three years.
공고 • Nov 23Better Collective A/S to Report Fiscal Year 2026 Results on Feb 24, 2027Better Collective A/S announced that they will report fiscal year 2026 results on Feb 24, 2027
공고 • Nov 21+ 2 more updatesBetter Collective A/S to Report Q2, 2026 Results on Aug 20, 2026Better Collective A/S announced that they will report Q2, 2026 results on Aug 20, 2026
Major Estimate Revision • Nov 19Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.503 to €0.43 per share. Revenue forecast steady at €342.3m. Net income forecast to grow 73% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target up from kr147 to kr173. Share price was steady at kr109 over the past week.
분석 기사 • Nov 15Better Collective A/S Just Missed EPS By 70%: Here's What Analysts Think Will Happen NextBetter Collective A/S ( STO:BETCO ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: €0.03 (up from €0.018 in 3Q 2024). Revenue: €78.3m (down 3.6% from 3Q 2024). Net income: €1.64m (up 47% from 3Q 2024). Profit margin: 2.1% (up from 1.4% in 3Q 2024). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 70%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
내러티브 업데이트 • Nov 10BETCO: Upcoming AI Sports Betting Launch Will Drive Long-Term EarningsAnalysts have revised their fair value estimate for Better Collective downward from €172.96 to €146.66, citing slightly lower revenue growth expectations as well as a modestly higher discount rate in their updated outlook. What's in the News Announced a strategic partnership with X to launch Playbook, an AI-driven sports betting solution.
분석 기사 • Nov 09Cautious Investors Not Rewarding Better Collective A/S' (STO:BETCO) Performance CompletelyWith a median price-to-earnings (or "P/E") ratio of close to 22x in Sweden, you could be forgiven for feeling...
내러티브 업데이트 • Sep 23Brazil And North America Markets Will Expand Digital Sports MediaDespite a sharp rise in Better Collective’s future P/E and a slight dip in net profit margin, analysts have notably increased the consensus price target from SEK164.50 to SEK172.96. What's in the News Better Collective launched Playbook, an AI-powered betting solution that enhances user engagement by enabling seamless bet placement through bet slip image recognition and smart deeplinks, initially rolling out in the US ahead of the NFL season.
분석 기사 • Sep 01Investors Can Find Comfort In Better Collective's (STO:BETCO) Earnings QualitySoft earnings didn't appear to concern Better Collective A/S' ( STO:BETCO ) shareholders over the last week. Our...
분석 기사 • Aug 23Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAs you might know, Better Collective A/S ( STO:BETCO ) last week released its latest quarterly, and things did not turn...
Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.09 (down from €0.16 in 2Q 2024). Revenue: €81.5m (down 18% from 2Q 2024). Net income: €5.28m (down 49% from 2Q 2024). Profit margin: 6.5% (down from 10% in 2Q 2024). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공고 • May 29Better Collective A/S (OM:BETCO) commences an Equity Buyback Plan for 6,195,887 shares, representing 9.82% of its issued share capital, under the authorization approved on April 22, 2025.Better Collective A/S (OM:BETCO) commences share repurchases on May 22, 2025, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2025. As per the mandate, the company is authorized to repurchase up to 6,195,887 shares, representing 9.82% of its issued share capital. The shares will be repurchased at a price per share within the band of prices (spread) applying on the Exchange. The program is valid until the annual general meeting to be held in 2026. As of March 28, 2025, the company had 63,076,627 shares in issue. On May 21, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,195,887 shares for €10 million. The purpose of the program is to improve the capital structure of the Company by reducing the capital and partially cover the share delivery obligations relating to long-term incentive (LTI) programs. The repurchases will take place from May 22, 2025, to August 26, 2025.
분석 기사 • May 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowBetter Collective A/S ( STO:BETCO ) last week reported its latest quarterly results, which makes it a good time for...
Reported Earnings • May 22First quarter 2025 earnings released: EPS: €0.058 (vs €0.13 in 1Q 2024)First quarter 2025 results: EPS: €0.058 (down from €0.13 in 1Q 2024). Revenue: €82.6m (down 13% from 1Q 2024). Net income: €3.64m (down 52% from 1Q 2024). Profit margin: 4.4% (down from 7.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공고 • May 22+ 1 more updateBetter Collective A/S Maintains Earnings Guidance for Full Year 2025Better Collective A/S maintains earnings guidance for full year 2025. For the period, the company expects Revenue of EUR 320 million - EUR 350 million.
분석 기사 • May 20Is Now The Time To Look At Buying Better Collective A/S (STO:BETCO)?Better Collective A/S ( STO:BETCO ), is not the largest company out there, but it saw a significant share price rise of...
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr116, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr213 per share.
분석 기사 • Apr 08Investors Holding Back On Better Collective A/S (STO:BETCO)With a price-to-earnings (or "P/E") ratio of 16.2x Better Collective A/S ( STO:BETCO ) may be sending bullish signals...
분석 기사 • Mar 20Better Collective A/S' (STO:BETCO) Intrinsic Value Is Potentially 76% Above Its Share PriceKey Insights The projected fair value for Better Collective is kr216 based on 2 Stage Free Cash Flow to Equity Better...
새로운 내러티브 • Mar 16Playmaker Capital Acquisition Will Expand Digital Sports Presence In South America Prioritizing organic growth and cost-efficiency could enhance long-term revenue, net margins, and shareholder value.
분석 기사 • Mar 02Better Collective's (STO:BETCO) Soft Earnings Don't Show The Whole PictureSoft earnings didn't appear to concern Better Collective A/S' ( STO:BETCO ) shareholders over the last week. We think...
Major Estimate Revision • Feb 26Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €365.3m to €341.3m. EPS estimate also fell from €0.763 per share to €0.655 per share. Net income forecast to grow 22% next year vs 20% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target down from kr224 to kr160. Share price fell 4.8% to kr112 over the past week.
분석 기사 • Feb 22Better Collective A/S Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearLast week saw the newest yearly earnings release from Better Collective A/S ( STO:BETCO ), an important milestone in...
Reported Earnings • Feb 20Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €0.55 (down from €0.72 in FY 2023). Revenue: €371.5m (up 14% from FY 2023). Net income: €34.0m (down 15% from FY 2023). Profit margin: 9.2% (down from 12% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공고 • Feb 20+ 3 more updatesBetter Collective A/S, Annual General Meeting, Apr 22, 2025Better Collective A/S, Annual General Meeting, Apr 22, 2025.
분석 기사 • Jan 15We Think Better Collective (STO:BETCO) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Major Estimate Revision • Nov 20Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.403 to €0.351 per share. Revenue forecast steady at €364.1m. Net income forecast to grow 85% next year vs 24% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target down from kr245 to kr233. Share price fell 7.1% to kr130 over the past week.
분석 기사 • Nov 17Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowLast week, you might have seen that Better Collective A/S ( STO:BETCO ) released its quarterly result to the market...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: €0.018 (vs €0.056 in 3Q 2023)Third quarter 2024 results: EPS: €0.018 (down from €0.056 in 3Q 2023). Revenue: €81.2m (up 7.6% from 3Q 2023). Net income: €1.12m (down 64% from 3Q 2023). Profit margin: 1.4% (down from 4.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 03Time To Worry? Analysts Are Downgrading Their Better Collective A/S (STO:BETCO) OutlookThe latest analyst coverage could presage a bad day for Better Collective A/S ( STO:BETCO ), with the analysts making...
분석 기사 • Oct 28Not Many Are Piling Into Better Collective A/S (STO:BETCO) Stock Yet As It Plummets 42%Better Collective A/S ( STO:BETCO ) shareholders that were waiting for something to happen have been dealt a blow with...
Major Estimate Revision • Oct 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €410.4m to €393.4m. EPS estimate also fell from €0.822 per share to €0.733 per share. Net income forecast to grow 107% next year vs 21% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target broadly unchanged at kr369. Share price fell 41% to kr131 over the past week.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment deteriorates as stock falls 41%After last week's 41% share price decline to kr131, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 37x in the Interactive Media and Services industry in Sweden. Total loss to shareholders of 28% over the past three years.
공고 • Oct 25Better Collective A/S Updates Earnings Guidance for the Full Year 2024Better Collective A/S updated earnings guidance for the full year 2024. For the year, the company expects revenue of EUR 355 million - EUR 375 million (previously EUR 395 million - EUR 425 million).
공고 • Oct 11Better Collective Announces Nomination Committee AppointmentsBetter Collective has appointed its nomination committee, based on ownership data as per August 31, 2024. Better Collective’s Nomination Committee shall consist of four members, representing the three largest shareholders as per the end of August each year, together with the Chair of the Board of Directors. In accordance with the shareholders’ decision, the nomination committee has been appointed and is composed by four members in total: Søren Jørgensen, appointed by Chr. Dam Holding. Troels Bisgaard Vig, appointed by J. Søgaard Holding. Anders Lund, appointed by BLS Capital Aondsmæglerselskab A/S. Jens Bager, Chair of the Board of Directors, Better Collective.
Recent Insider Transactions • Sep 01Independent Chairman recently sold kr35m worth of stockOn the 28th of August, Jens Bager sold around 150k shares on-market at roughly kr231 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jens' only on-market trade for the last 12 months.
분석 기사 • Aug 30Earnings Troubles May Signal Larger Issues for Better Collective (STO:BETCO) ShareholdersThe subdued market reaction suggests that Better Collective A/S' ( STO:BETCO ) recent earnings didn't contain any...
분석 기사 • Aug 24Better Collective A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowShareholders might have noticed that Better Collective A/S ( STO:BETCO ) filed its second-quarter result this time last...
New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Reported Earnings • Aug 22Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: €0.16 (up from €0.15 in 2Q 2023). Revenue: €99.1m (up 27% from 2Q 2023). Net income: €10.3m (up 24% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jun 16Better Collective A/S (STO:BETCO) Shares Slammed 28% But Getting In Cheap Might Be Difficult RegardlessBetter Collective A/S ( STO:BETCO ) shareholders won't be pleased to see that the share price has had a very rough...
공고 • May 30Better Collective A/S (OM:BETCO) commences an Equity Buyback for 6,289,950 shares, representing 10% of its issued share capital, under the authorization approved on April 22, 2024.Better Collective A/S (OM:BETCO) commences share repurchases on May 22, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2024. As per the mandate, the company is authorized to repurchase up to 6,289,950 shares, representing 10% of its issued share capital. The shares will be repurchased at a price per share within the band of prices (spread) applying on the Exchange. The program is valid until the annual general meeting to be held in 2025. As of March 25, 2024, the company had 62,899,505 shares in issue. On May 21, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,289,950 shares for €2.4 million. The purpose of the program is to partially cover the share delivery obligations relating to the acquisition of Ace Odds. The repurchases will take place from May 22, 2024, to July 3, 2024.
Valuation Update With 7 Day Price Move • May 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr249, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 30x in the Interactive Media and Services industry in Sweden. Total returns to shareholders of 16% over the past three years.
분석 기사 • May 24Earnings Miss: Better Collective A/S Missed EPS By 37% And Analysts Are Revising Their ForecastsThere's been a notable change in appetite for Better Collective A/S ( STO:BETCO ) shares in the week since its...
공고 • May 23+ 1 more updateBetter Collective A/S to Report Fiscal Year 2024 Final Results on Mar 25, 2025Better Collective A/S announced that they will report fiscal year 2024 final results on Mar 25, 2025
Reported Earnings • May 22First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: €0.13 (down from €0.38 in 1Q 2023). Revenue: €95.0m (up 8.1% from 1Q 2023). Net income: €7.55m (down 64% from 1Q 2023). Profit margin: 7.9% (down from 24% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 08Is Now An Opportune Moment To Examine Better Collective A/S (STO:BETCO)?While Better Collective A/S ( STO:BETCO ) might not have the largest market cap around , it received a lot of attention...
분석 기사 • Apr 16Why We Think Better Collective A/S' (STO:BETCO) CEO Compensation Is Not Excessive At AllKey Insights Better Collective will host its Annual General Meeting on 22nd of April Salary of €516.0k is part of CEO...
Buy Or Sell Opportunity • Apr 09Now 24% undervaluedOver the last 90 days, the stock has risen 13% to kr281. The fair value is estimated to be kr369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
공고 • Mar 26Better Collective A/S to Report Q3, 2024 Results on Nov 13, 2024Better Collective A/S announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Mar 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.72 (down from €0.88 in FY 2022). Revenue: €326.7m (up 21% from FY 2022). Net income: €39.8m (down 17% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공고 • Mar 01+ 1 more updateBetter Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion.Better Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 5,712,284 Price\Range: €189.4 Transaction Features: Subsequent Direct Listing
Reported Earnings • Feb 23Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: €0.72 (down from €0.88 in FY 2022). Revenue: €326.7m (up 21% from FY 2022). Net income: €39.8m (down 17% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 14Market Participants Recognise Better Collective A/S' (STO:BETCO) Earnings Pushing Shares 26% HigherDespite an already strong run, Better Collective A/S ( STO:BETCO ) shares have been powering on, with a gain of 26% in...
New Risk • Feb 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (5.1% increase in shares outstanding).
공고 • Feb 08Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders.Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders for approximately CAD 170 million on November 6, 2023. Under the transaction, the holders of Playmaker Capital common shares will receive consideration of CAD 0.7 per share. The consideration comprises cash and shares of Better Collective. Playmaker Capital’s shareholders will be able to elect either CAD 0.70 in cash or 0.0206 shares of Better Collective per Playmaker Capital common share, subject to proration and an aggregate cap of 65% shares in Better Collective and 35% in cash. Playmaker Capital shareholders who do not elect cash or shares of Better Collective (subject to proration) will receive a default consideration of CAD 0.245 in cash (35%) and 0.0134 shares of Better Collective (65%) per Playmaker Capital common share. The cash consideration will be paid by existing cash on the balance sheet and already established bank credit facilities. Following the closing of the transaction, Playmaker Capital will be a wholly owned subsidiary of Better Collective. In case of temination under certain circumstances, either party will pay a termination fee of CAD 5 million to other party.The Transaction is to be effected by way of a court-approved plan of arrangement and is expected to close in the first quarter of 2024, subject to receipt of 66 2/3% of the votes cast by Playmaker shareholders and court approvals, a required regulatory approval and customary closing conditions. Completion of the Transaction is not subject to any financing condition. Playmaker’s board of directors has unanimously concluded that the Transaction is in the best interests of Playmaker and recommends that Playmaker shareholders vote in favor of the Transaction. Playmaker shareholders representing approximately 50% of Playmaker’s issued and outstanding common shares, including several of Playmaker’s largest shareholders and each of the Company’s directors and named executive officers, have entered into a voting support agreement pursuant to which each has committed to vote in favour of the Transaction. The transaction is subject to other customary closing conditions, including the approval of certain U.S. gaming authorities and approval under the Investment Canada Act. As of January 22, 2024, Playmaker Capital shareholders approved the transaction. The transaction is expected to close in early February. As of January 31, 2024, Playmaker Capital has received approval from the Minister of Canadian Heritage under the Investment Canada Act. Playmaker is also pleased to announce that the Ontario Superior Court (Commercial List) issued a final order approving the Arrangement on January 24, 2024. Following receipt of Heritage Approval and the Final Order, all conditions to closing of the Arrangement have been satisfied or waived, save for those conditions to be satisfied as part of the closing process. The Arrangement is expected to close on February 6, 2024.Canaccord Genuity Corp. acted as independent financial advisor to Playmaker’s board of directors and also delivered a fairness opinion to Playmaker’s board of directors. Oakvale Capital LLP is acting as financial advisor and Brandon Hoffman of Goodmans LLP is acting as legal advisor to Playmaker in connection with the Transaction. Moelis & Company LLC are acting as exclusive financial advisor, Mario Nigro and John Lee of Stikeman Elliott LLP, BechBruun Law Firm P/S and Greenberg Traurig LLP are acting as legal advisors and PriceWaterhouseCoopers acted as accounting and tax advisor to Better Collective in connection with the transaction. Odyssey Trust Company acted as depositary to Better Collective.Better Collective A/S (OM:BETCO) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders on February 6, 2024.
분석 기사 • Feb 05Is Better Collective (STO:BETCO) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Jan 23An Intrinsic Calculation For Better Collective A/S (STO:BETCO) Suggests It's 41% UndervaluedKey Insights The projected fair value for Better Collective is kr443 based on 2 Stage Free Cash Flow to Equity Better...
분석 기사 • Dec 18Here's Why We Think Better Collective (STO:BETCO) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Recent Insider Transactions • Nov 24CFO & Executive VP recently bought kr1.6m worth of stockOn the 20th of November, Flemming Pedersen bought around 7k shares on-market at roughly kr238 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Flemming's only on-market trade for the last 12 months.
Reported Earnings • Nov 19Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: €0.056 (down from €0.13 in 3Q 2022). Revenue: €75.4m (up 26% from 3Q 2022). Net income: €3.11m (down 55% from 3Q 2022). Profit margin: 4.1% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.973 to €0.78 per share. Revenue forecast steady at €326.8m. Net income forecast to grow 10% next year vs 29% growth forecast for Interactive Media and Services industry in Sweden. Consensus price target broadly unchanged at kr345. Share price fell 22% to kr219 over the past week.
공고 • Nov 17Better Collective A/S to Report Q1, 2024 Results on May 21, 2024Better Collective A/S announced that they will report Q1, 2024 results on May 21, 2024
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to kr221, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 69% over the past three years.
공고 • Nov 08Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million.Better Collective A/S (OM:BETCO) entered into a definitive agreement to acquire Playmaker Capital Inc. (TSXV:PMKR) from Jordan Gnat, Relay Ventures Parallel Fund III L.P. managed by Relay Ventures and others for approximately CAD 170 million on November 6, 2023. Under the transaction, the holders of Playmaker Capital common shares will receive consideration of CAD 0.7 per share. The consideration comprises cash and shares of Better Collective. Playmaker Capital’s shareholders will be able to elect either CAD 0.70 in cash or 0.0206 shares of Better Collective per Playmaker Capital common share, subject to proration and an aggregate cap of 65% shares in Better Collective and 35% in cash. Playmaker Capital shareholders who do not elect cash or shares of Better Collective (subject to proration) will receive a default consideration of CAD 0.245 in cash (35%) and 0.0134 shares of Better Collective (65%) per Playmaker Capital common share. The cash consideration will be paid by existing cash on the balance sheet and already established bank credit facilities. Following the closing of the transaction, Playmaker Capital will be a wholly owned subsidiary of Better Collective. The Transaction is to be effected by way of a court-approved plan of arrangement and is expected to close in the first quarter of 2024, subject to receipt of 66 2/3% of the votes cast by Playmaker shareholders and court approvals, a required regulatory approval and customary closing conditions. Completion of the Transaction is not subject to any financing condition. Playmaker’s board of directors has unanimously concluded that the Transaction is in the best interests of Playmaker and recommends that Playmaker shareholders vote in favor of the Transaction. Playmaker shareholders representing approximately 50% of Playmaker’s issued and outstanding common shares, including several of Playmaker’s largest shareholders and each of the Company’s directors and named executive officers, have entered into a voting support agreement pursuant to which each has committed to vote in favour of the Transaction. The Transaction is subject to other customary closing conditions, including the approval of certain U.S. gaming authorities and approval under the Investment Canada Act. Canaccord Genuity Corp. acted as independent financial advisor to Playmaker’s board of directors and also delivered a fairness opinion to Playmaker’s board of directors. Oakvale Capital LLP is acting as financial advisor and Goodmans LLP is acting as legal advisor to Playmaker in connection with the Transaction. Moelis & Company LLC are acting as exclusive financial advisor, Stikeman Elliott LLP, BechBruun Law Firm P/S and Greenberg Traurig LLP are acting as legal advisors and PriceWaterhouseCoopers acted as accounting and tax advisor to Better Collective in connection with the transaction.
분석 기사 • Nov 06Should You Think About Buying Better Collective A/S (STO:BETCO) Now?Better Collective A/S ( STO:BETCO ), is not the largest company out there, but it received a lot of attention from a...
공고 • Oct 17+ 1 more updateBetter Collective A/S Announces Board AppoiintmentsBetter Collective appointed its nomination committee, based on ownership data as per August 31, 2023. the Nomination Committee has been appointed and is composed by four members in total: Søren Jørgensen, Chair, appointed by Chr. Dam Holding and J. Søgaard HoldingMartin Jonasson, appointed by Andra AP-Fonden, also representing Tredje AP-Fonden, Michael Knutsson, appointed by Knutsson Holdings AB, Jens Bager, Chair of the Board of Directors, Better Collective.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr281, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 117% over the past three years.
분석 기사 • Sep 26Better Collective (STO:BETCO) Has A Pretty Healthy Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공고 • Sep 19Better Collective A/S (OM:BETCO) agreed to acquire TIPS-bladet A/S from Henrik Stegger Nielsen for €6.5 million.Better Collective A/S (OM:BETCO) agreed to acquire TIPS-bladet A/S from Henrik Stegger Nielsen for €6.5 million on September 18, 2023. The total purchase price will be €6.5 million on a cash and debt free basis paid in three installments and will be financed with cash. Henrik Stegger Nielsen joins Better Collective together with all current employees at Tipsbladet. The transaction is expected to close by October 2, 2023.
공고 • Sep 06Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA.Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA. on September 4, 2023. The consideration will be paid through cash. The deal includes other smaller assets in the Torcedores.com portfolio, and Better Collective will be taking over all operations. Better Collective A/S (OM:BETCO) completed the acquisition of Goalmedia Tecnologia E Marketing Digital LTDA. on September 4, 2023.
공고 • Sep 01Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY).Better Collective A/S (OM:BETCO) entered into an agreement to acquire Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) for SEK 44 million on August 15, 2023. Media portfolio valued at SEK 45 million, purchase price SEK 44 million after deductions. Paid in three installments: SEK 22.5 million upfront, SEK 10.6 million after six months, and SEK 10.6 million after twelve months. The closing of the transaction, which is subject to customary conditions, is expected to August 31, 2023.Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY) on August 31, 2023.
Reported Earnings • Aug 28Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: €0.15 (up from €0.13 in 2Q 2022). Revenue: €78.1m (up 39% from 2Q 2022). Net income: €8.30m (up 17% from 2Q 2022). Profit margin: 11% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Interactive Media and Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
