BlueBet Holdings Reports Full Year 2024 Earnings

BlueBet Holdings (ASX:BBT) Full Year 2024 Results

Key Financial Results

• Revenue: AU$58.4m (up 19% from FY 2023).
• Net loss: AU$46.9m (loss widened by 149% from FY 2023).

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

BlueBet Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Hospitality industry in Australia.

Performance of the Australian Hospitality industry.

The company's shares are up 7.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for BlueBet Holdings you should be aware of, and 1 of them is a bit concerning.

Valuation is complex, but we're here to simplify it.

Discover if BlueBet Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.