Better Collective (BATS-CHIXE:BETCOS) - Stock Price, News & Analysis

BETCOS 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

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

Rewards

Trading at 32.4% below our estimate of its fair value

Earnings are forecast to grow 23.01% per year

Earnings grew by 36.3% over the past year

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

Better Collective A/S Competitors

Moneysupermarket.com Group

LSE:MONY

UK£1.2b

Trustpilot Group

LSE:TRST

UK£798.4m

Baltic Classifieds Group

LSE:BCG

UK£1.1b

Rightmove

LSE:RMV

UK£4.1b

Price History & Performance

Summary of all time highs, changes and price drops for Better Collective
Historical stock prices
Current Share Price	kr283.00
52 Week High	kr283.00
52 Week Low	kr174.70
Beta	0.91
1 Month Change	0%
3 Month Change	n/a
1 Year Change	58.19%
3 Year Change	38.05%
5 Year Change	n/a
Change since IPO	126.40%

Recent updates

Shareholder Returns

	BETCOS	GB Interactive Media and Services	GB Market
7D	0%	-0.3%	1.2%
1Y	58.2%	3.0%	2.3%

Return vs Industry: BETCOS exceeded the UK Interactive Media and Services industry which returned 10% over the past year.

Return vs Market: BETCOS exceeded the UK Market which returned -4.9% over the past year.

Price Volatility

Is BETCOS's price volatile compared to industry and market?
BETCOS volatility
BETCOS Average Weekly Movement	n/a
Interactive Media and Services Industry Average Movement	4.9%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.4%
10% least volatile stocks in GB Market	2.7%

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

Volatility Over Time: Insufficient data to determine BETCOS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	1,126	Jesper Sogaard	bettercollective.com

Better Collective A/S, together with its subsidiaries, operates as a sports betting media company worldwide. The company primarily focuses on online sports betting and gambling platforms. It offers various community-based digital platforms, including bettingexpert.com, social network of sports betting tipsters; SpilXperten, a sports betting media platform; Action Network, a source for sports betting insights; Irishracing.com, a website, which provides coverage of Irish, British, and international horse racing; Speltips.se for betting tips; HLTV.org, a website for news from the e-sport industry, CS:GO match information, and player and team rankings; RotoGrinders for fantasy sports; Wettbasis, which provides betting tips for German betting enthusiasts; VegasInsider, a platform for betting tips and picks in the United States; Betarades, a platform for online betting news in Greece; PariuriX, a platform in Romania for finding the sports betting tips; and ScoresAndOdds, a statistical analysis designed for sports bettors in the US.

Better Collective A/S Fundamentals Summary

How do Better Collective's earnings and revenue compare to its market cap?
BETCOS fundamental statistics
Market cap	kr16.01b
Earnings (TTM)	kr598.36m
Revenue (TTM)	kr3.73b

26.7x

P/E Ratio

4.3x

P/S Ratio

Is BETCOS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BETCOS income statement (TTM)
Revenue	€327.63m
Cost of Revenue	€185.57m
Gross Profit	€142.06m
Other Expenses	€89.44m
Earnings	€52.62m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 21, 2024

Earnings per share (EPS)	0.97
Gross Margin	43.36%
Net Profit Margin	16.06%
Debt/Equity Ratio	80.6%

How did BETCOS perform over the long term?

See historical performance and comparison

BETCOS Stock Overview

Rewards

Risk Analysis

Better Collective A/S Competitors

LSE:MONY

UK£1.2b

LSE:TRST

UK£798.4m

LSE:BCG

UK£1.1b

LSE:RMV

UK£4.1b

Price History & Performance

Recent News & Updates

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

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.

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.

New major risk - Financial position

Recent updates

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

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.

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.

New major risk - Financial position

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

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

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.

Investor sentiment improves as stock rises 21%

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).

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)

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

Investor sentiment improves as stock rises 17%

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

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

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)

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

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

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

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.

No independent directors

No independent directors

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

No independent directors

Investor sentiment deteriorated over the past week

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

Director has left the company

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

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

Revenue misses expectations

Better Collective A/S to Report Fiscal Year 2020 Results on Feb 24, 2021

New 90-day high: kr205

Investor sentiment improved over the past week

New 90-day high: kr174