Annual result for the 2024 financial year / Forecast for the 2025 financial year
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EQS-Ad-hoc: bet-at-home.com AG / Key word(s): Forecast AD-HOC INFORMATION PUBLICATION OF INSIDER INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014
Annual result for the 2024 financial year / Forecast for the 2025 financial year The gross betting and gaming revenue of the bet-at-home.com AG Group in the 2024 financial year reached EUR 52,300 thousand (previous year: EUR 46,176 thousand) and was thus within the forecasted range. EBITDA before special items* for the 2024 financial year amounted to EUR 4,845 thousand (previous year: EUR 2,361 thousand) and was thus above the forecasted range. For the calculation of EBITDA before special items, the following expenses were added to EBITDA: expenses for legal cases/ customer claims in the amount of EUR 825 thousand (previous year: EUR 2,692 thousand), expenses in the amount of EUR 2,378 thousand (compared to income of EUR 1,138 thousand in the previous year) resulting from the valuation of receivables against bet-at-home.com Entertainment Ltd. (in Liquidation) as of December 31, 2024, as well as provisions related to the value-added tax in Switzerland for the years 2014 to 2023, including interest, in the amount of EUR 4,931 thousand. Consolidated net result of the Group amounted to EUR -4.452 thousand (previous year: EUR -1,505 thousand). For the 2025 financial year, the Management Board expects the gross betting and gaming revenue to be in the range from EUR 46,000 thousand to EUR 54,000 thousand, and EBITDA before special items to be in the range from EUR 0 thousand to EUR 4,000 thousand. It is important to note that the expectations for the 2025 financial year include an increase in the betting fee from the current 2% to 5% in one of the core markets, Austria, which will take effect on April 1, 2025. Furthermore, no revenue-relevant, off-season major sporting events will take place in the 2025 financial year (in contrast to the 2024 financial year, when the UEFA European Football Championship took place). *(EBITDA before special items represents the operating result before special effects of the bet-at-home.com AG Group, i.e. the Group's result adjusted for special expenses and special income (special items may include restructuring, legal cases in connection with customer claims, as well as closures or disposals of parts of the company)).
Contact Investor Relations ir@bet-at-home.com +49 211 179 34 770 www.bet-at-home.ag
End of Inside Information
28-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | bet-at-home.com AG |
| Tersteegenstrasse 30 | |
| 40474 Düsseldorf | |
| Germany | |
| Phone: | +49 211 545 598 77 |
| Fax: | +49 211 545 598 78 |
| E-mail: | ir@bet-at-home.com |
| Internet: | www.bet-at-home.ag |
| ISIN: | DE000A0DNAY5 |
| WKN: | A0DNAY |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2108030 |
| End of Announcement | EQS News Service |
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2108030 28-March-2025 CET/CEST
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