Pointsbet Holdings Ltd (OTCPK:PBTHF)
$ 0.62 0.0516 (9.08%) Market Cap: 199.65 Mil Enterprise Value: 174.72 Mil PE Ratio: 0 PB Ratio: 16.36 GF Score: 60/100
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Q4 2023 Pointsbet Holdings Ltd Activities Report Call Transcript

Jul 28, 2023 / 12:00AM GMT
Release Date Price: $1.03 (-0.96%)
Operator

Thank you for standing by, and welcome to the PointsBet Holdings Limited Q4 FY 2023 Appendix 4C investor presentation conference call. (Operator Instructions) I would now like to hand the conference over to Mr. Sam Swanell, Group CEO. Please go ahead.

Samuel J. Swanell
PointsBet Holdings Limited - Co-Founder, MD, Group CEO & Director

Good morning, and thank you for joining our PointsBet Holdings Limited Q4 business update. I'm Sam Swanell, and joining me on the call today is our Group CFO, Andrew Mellor. Before we begin, please note the safe harbor statement. All numbers referred to are unaudited and in Australian dollars, unless otherwise stated. The event during the quarter was the sale of our U.S. business to Fanatics for USD 225 million. As previously announced, we intend to distribute capital to shareholders of approximately $1.39 to $1.44 per share. We expect the first tranche of approximately $1 to be paid in mid-September. The second distribution will be made following final close expected in the March '24 quarter.

The sale marks the

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