PointsBet Holdings Limited expects its FY25 revenue and EBITDA to be at the lower end of its previously announced guidance.
The Australian betting company has provided an update on its financial expectations for the fiscal year 2025, reiterating its previously announced revenue guidance of AU$260 million ($169.7 million) to AU$270 million ($180.1 million) and EBITDA guidance of AU$11 million ($7.4 million) to AU$14 million ($9.2 million).
The company anticipates that both revenue and EBITDA will likely land at the lower end of these guidance ranges. This adjustment reflects PointsBet’s ongoing assessment of market conditions and operational performance as it prepares for the upcoming fiscal year.
PointsBet has been in the middle of a takeover battle between MIXI Australia and Betr Entertainment.
