Better Collective A/S

Better Collective A/S

BETCO.ST
Better Collective A/SSE flagStockholm Stock Exchange
120.80
SEK
- -
- -
6.94BMarket Cap
Better Collective A/S
BETCO.ST
(Stockholm Stock Exchange)

Recent

price

120.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.29
0.45
0.68
1.19
1.55
1.95
3.5
4.95
5.92
6
5.4
5.86
Revenue per Share
- -
0.07
0.13
0.19
0.16
0.32
0.47
0.34
0.88
0.72
0.55
0.38
0.47
Basic EPS, GAAP
- -
0.08
0.14
0.11
-0.09
-0.08
0.52
0.38
-0.92
1.02
0.19
0.42
0.53
Free Cash Flow per Basic Share
- -
0.03
0.09
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.07
0.16
0.37
0.54
0.72
1.19
1.47
2.3
3.03
3.24
3.32
3.23
Book Value per Share
- -
0.11
0.15
-0.41
-1.06
-1.12
-2.07
-3.46
-4.76
-6.63
-5.6
-5.15
-5.51
Tangible Book Value per Share
- -
39
39
39
34
43
47
51
54
55
62
62
58
Basic Weighted Avg Shares
- -
11
17
26
40
67
91
177
269
327
371
337
340
Sales/Revenue/Turnover
- -
33.27
40.63
39.06
32.48
32.35
33.3
25.7
26.14
25.36
19.47
18.23
19
Operating Margin (%)
- -
- -
- -
1
3
6
8
10
15
28
41
41
40
Depreciation Expense
- -
3
5
7
5
14
22
17
48
40
34
24
27
Net Income, GAAP
- -
23.11
22.99
23.91
35.55
25.65
23.63
34.07
26
31.33
20.65
24.34
25.56
Effective Tax Rate (%)
- -
25.09
30.09
28.36
13.45
20.67
24.05
9.77
17.85
12.19
9.16
7.01
8.01
Profit Margin (%)
2
3
5
-11
1
14
22
7
30
2
37
38
48
Working Capital
- -
- -
- -
1
9
20
71
123
207
262
272
268
274
LT Debt
3
5
6
15
86
138
163
345
413
435
686
631
640
Total Equity
- -
78.32
102.17
54.92
14.37
12.6
11.64
8.49
9.5
8.53
6.86
4.96
5.15
Return on Invested Capital (%)
- -
128.29
117.43
56.91
24.11
37.38
25.77
11.49
19.17
12.65
10.16
6.82
7.54
Return on Capital (%)
- -
128.22
117.29
72.75
33.16
56.16
50.59
26.66
48.29
27.28
18.51
11.58
13.89
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
4
4
LT Borrowings
259
260
267
LT Finance Leases
9
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
59
58
Market Capitalization
642
614
728

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
103
101
112
Cash, Cash Equivalents & STI
23
13
20
Accounts Receivable, Net
60
37
78
Inventories
- -
- -
- -
Total Current Liabilities
63
63
64
Payables & Accruals
- -
- -
- -
ST Debt
4
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
92.19%
37.38%
-8.01%
Free Cash Flow
-145.44%
-110.98%
117.05%
Net Income, GAAP
40.67%
18.9%
-30.64%
Sales/Revenue/Turnover
43.18%
34.38%
-9.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
95
99
81
96
371
2025
83
82
78
94
337
2026
86
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.16
0.02
0.24
0.55
2025
0.06
0.09
0.03
- -
0.38
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Better Collective A/S functions as a prominent digital sports media conglomerate across the globe. The company primarily engages in providing an extensive array of online platforms dedicated to sports betting and iGaming. Its comprehensive portfolio includes widely recognized digital brands such as Action Network, a leading source for sports insights, and VegasInsider, offering betting tips and picks, particularly strong in the United States. Additionally, the group features HLTV.org, a key destination for esports news and match data, and FUTBIN, popular for football game statistics. Other significant platforms encompass bettingexpert.com for tipster communities, SpilXperten, AceOdds for betting tools, and Bolavip and Redgol through its Futbol Sites acquisition, reaching vast audiences in South America. Better Collective generates revenue through performance-based affiliate marketing, connecting users with online sportsbooks, alongside subscription services and advertising placements. Recently, the company announced a strategic partnership with X (formerly Twitter) to introduce Playbook, an AI-driven betting solution aimed at enhancing user engagement by providing AI-generated betslips directly within the social media platform. This move is part of Better Collective's strategy to expand beyond customer acquisition and strengthen its retention-focused product offerings. The group’s audience has expanded significantly, reaching over 450 million monthly visits across its "House of Brands," partly fueled by strategic acquisitions like Playmaker Capital. The company was established in 2004 and maintains its headquarters in Copenhagen, Denmark.