Pointsbet Holdings Ltd (ASX:PBH)
A$ 0.965 -0.025 (-2.53%) Market Cap: 319.77 Mil Enterprise Value: 279.84 Mil PE Ratio: 0 PB Ratio: 16.36 GF Score: 77/100

Q4 2024 Pointsbet Holdings Ltd Earnings Call Transcript

Jul 31, 2024 / 12:30AM GMT
Release Date Price: A$0.505 (+3.06%)
Sam Swanell
Pointsbet Holdings Ltd - Group Chief Executive Officer, Co-Founder, Managing Director, Executive Director

Good morning, and thank you for joining the PointsBet Holdings Limited Q4 FY24 business update. I'm Sam Swanell and joining me on the call today is our Group CFO, Alister Lui. Please note the Safe Harbor statement. All the numbers referred to are unaudited and in Australian dollars, unless otherwise stated.

Turning to slide 3. Following the successful final completion of the sale of the US business to Fanatics Betting and Gaming in April. The second capital return of $126.9 million, representing $0.39 per share was completed on May 16, 2024. The Board is pleased to have returned a total of $442.4 million, representing $1.39 per share to shareholders across the first and second capital returns.

As previously announced, the company applied for and received a class ruling from the ATO, confirming that for Australian tax residents, no part of the first or second capital returns will be accessible as a dividend. Further details of the class ruling can be found on the

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