Better Collective (DB:9C8) - Stock Price, News & Analysis

9C8 Stock Overview

Better Collective A/S, together with its subsidiaries, operates as a digital sports media company in Europe, North America, and internationally.

About the company

9C8 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 22.9% below our estimate of its fair value

Earnings are forecast to grow 26.55% per year

Analysts in good agreement that stock price will rise by 27.1%

Risk Analysis

Has a high level of debt

Profit margins (12.2%) are lower than last year (17.9%)

Shareholders have been diluted in the past year

Better Collective A/S Competitors

Scout24

XTRA:G24

€5.1b

New Work

XTRA:NWO

€330.5m

YOC

XTRA:YOC

€58.1m

Ströer SE KGaA

XTRA:SAX

€3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Better Collective
Historical stock prices
Current Share Price	kr24.70
52 Week High	kr29.00
52 Week Low	kr17.72
Beta	0.89
1 Month Change	-2.18%
3 Month Change	-6.26%
1 Year Change	33.23%
3 Year Change	-0.40%
5 Year Change	n/a
Change since IPO	14.88%

Recent updates

Shareholder Returns

	9C8	DE Interactive Media and Services	DE Market
7D	1.0%	1.7%	-0.5%
1Y	33.2%	10.8%	2.5%

Return vs Industry: 9C8 exceeded the German Interactive Media and Services industry which returned 10.8% over the past year.

Return vs Market: 9C8 exceeded the German Market which returned 2.5% over the past year.

Price Volatility

Is 9C8's price volatile compared to industry and market?
9C8 volatility
9C8 Average Weekly Movement	4.3%
Interactive Media and Services Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 9C8 has not had significant price volatility in the past 3 months.

Volatility Over Time: 9C8's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	1,312	Jesper Sogaard	bettercollective.com

Better Collective A/S, together with its subsidiaries, operates as a digital sports media company in Europe, North America, and internationally. It operates through Publishing and Paid Media segments. It owns and operates sports media platforms consisting of Action Network for sports betting insights; Playmaker HQ for sports and entertainment; Betarades for online sports betting; Soccernews for digital soccer news in the Netherlands; Wettbasis for German sports betting knowledge; VegasInsider for sports betting; SvenskaFans for the Swedish sports fan community; Tipsbladet for sports news in Denmark; Bolavip for sports coverage across South America; and Redgol for soccer news in Chile.

Better Collective A/S Fundamentals Summary

How do Better Collective's earnings and revenue compare to its market cap?
9C8 fundamental statistics
Market cap	€1.60b
Earnings (TTM)	€39.84m
Revenue (TTM)	€326.69m

40.3x

P/E Ratio

4.9x

P/S Ratio

Is 9C8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9C8 income statement (TTM)
Revenue	€326.69m
Cost of Revenue	€188.22m
Gross Profit	€138.47m
Other Expenses	€98.63m
Earnings	€39.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 21, 2024

Earnings per share (EPS)	0.63
Gross Margin	42.39%
Net Profit Margin	12.19%
Debt/Equity Ratio	83.4%

How did 9C8 perform over the long term?

See historical performance and comparison

9C8 Stock Overview

Rewards

Risk Analysis

Better Collective A/S Competitors

XTRA:G24

€5.1b

XTRA:NWO

€330.5m

XTRA:YOC

€58.1m

XTRA:SAX

€3.5b

Price History & Performance

Recent News & Updates

Better Collective A/S to Report Q3, 2024 Results on Nov 13, 2024

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

Better Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion.

Better Collective A/S has filed a Follow-on Equity Offering.

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

New minor risk - Shareholder dilution

Recent updates

Better Collective A/S to Report Q3, 2024 Results on Nov 13, 2024

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

Better Collective A/S has completed a Follow-on Equity Offering in the amount of €1.081907 billion.

Better Collective A/S has filed a Follow-on Equity Offering.

Full year 2023 earnings released: EPS: €0.72 (vs €0.88 in FY 2022)

New minor risk - Shareholder dilution

Better 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) completed the acquisition of Playmaker Capital Inc. (TSXV:PMKR) from a group of shareholders.

Third quarter 2023 earnings released: EPS: €0.056 (vs €0.13 in 3Q 2022)

Investor sentiment deteriorates as stock falls 22%

Better Collective A/S to Report Q1, 2024 Results on May 21, 2024

New minor risk - Share price stability

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.

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.

Better Collective A/S Announces Board Appoiintments

Better 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) acquired Goalmedia Tecnologia E Marketing Digital LTDA.

Better Collective A/S (OM:BETCO) acquired Goalmedia Tecnologia E Marketing Digital LTDA.

Better Collective A/S (OM:BETCO) completed the acquisition of Media portfolio of Everysport Group from Everysport Group AB (publ) (NGM:EVERY).

Second quarter 2023 earnings released: EPS: €0.15 (vs €0.13 in 2Q 2022)

Better Collective A/S to Report Q4, 2023 Results on Feb 21, 2024

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.

Better Collective A/S Announces Executive Changes

Better Collective A/S (OM:BETCO) commences an Equity Buyback Plan for 5,514,966 shares, representing 10% of its issued share capital, under the authorization approved on April 25, 2023.

Better Collective A/S (OM:BETCO) acquired Playmaker HQ for $54 million.

Better Collective A/S Announces Appointment of Dynamic Country Director for Brazil

Full year 2022 earnings released: EPS: €0.88 (vs €0.34 in FY 2021)

Investor sentiment improves as stock rises 22%

Better Collective A/S Provides Revenue Guidance for the Fiscal Year 2022

Better Collective A/S acquired an unknown minority stake in Catena Media plc.

Better Collective A/S to Report Q4, 2022 Results on Feb 21, 2023

Better Collective A/S Appoints Petra Zackrisson as SVP of Growth

Third quarter 2022 earnings released: EPS: €0.13 (vs €0.065 loss in 3Q 2021)

Better Collective A/S Appoints Nomination Committee

Better Collective A/S to Report Q3, 2022 Results on Nov 17, 2022

Better Collective A/S (OM:BETCO) announces an Equity Buyback for 5,483,388 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2022.

Better Collective A/S (OM:BETCO) announces an Equity Buyback for 5,483,388 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2022.

Second quarter 2022 earnings released: EPS: €0.13 (vs €0.033 in 2Q 2021)

Better Collective A/S to Report Q2, 2022 Results on Aug 23, 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: €0.25 (vs €0.18 in 1Q 2021)

Better Collective Revises Revenue Guidance for the Year 2022

Better Collective A/S to Report Q1, 2022 Results on May 18, 2022

Better Collective A/S (OM:BETCO) acquired Futbin and related assets from FUTBIN Inc.

Full year 2021 earnings released: EPS: €0.34 (vs €0.47 in FY 2020)

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment deteriorated over the past week

Better Collective A/S Provides Earnings Guidance for the Year 2022

Better Collective A/S Provides Earnings Guidance for the Year 2022

Investor sentiment improved over the past week

Better Collective A/S (OM:BETCO) commences an Equity Buyback Plan for 4,694,532 shares, representing 10% of its issued share capital, under the authorization approved on April 26, 2021.

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: €0.06 loss per share (vs €0.10 profit in 3Q 2020)

Better Collective A/S (OM:BETCO) acquired Soccernews.nl and Voetbalwedden.net for €9.7 million.

Second quarter 2021 earnings released: EPS €0.033 (vs €0.084 in 2Q 2020)

First quarter 2021 earnings released: EPS €0.18 (vs €0.10 in 1Q 2020)

Better Collective A/S Updates Earnings Guidance for the Year 2021

Full year 2020 earnings released: EPS €0.47 (vs €0.32 in FY 2019)