Betsson AB: This iGaming Stock Is Still Dirt Cheap Despite 70% Growth In LatAm
2025-05-01 23:01:00 ET
Summary
- Betsson reported Q1 FY 2025 revenue of €293.7 million, up 18% YoY, with EPS of €0.35, up 17% YoY, showcasing strong financial performance.
- The company has a robust balance sheet with net debt of -€177.8 million and a P/E ratio of 12.17x, making it a compelling investment.
- Latin America is a key growth engine, with revenue up 70.3% YoY, and significant potential in Brazil and Paraguay as new markets.
- Betsson's solid financials and strategic expansion into high-growth regions like Latin America and Western Europe reinforce its sustainable growth and investment appeal.
One of my top iGaming and sports betting picks just reported Q1 FY 2025 — and the results ? Not bad at all. Makes holding the stock feel a little less like gambling.
Yep, I’m talking about the Swedish giant itself — Betsson ( BTSBF ).
In Q1 FY 2025 they reported revenue of €293.7 million, up 18% year-on-year and the second-highest quarterly revenue in Betsson's history (behind only Q4 FY 2024) and EPS of €0.35, up around 17% year-on-year....
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Betsson AB: This iGaming Stock Is Still Dirt Cheap Despite 70% Growth In LatAmNASDAQ: BTSBF
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