Better Collective A/S

Better Collective A/S

BTRCF
Better Collective A/SUS flagOther OTC
7.26
USD
- -
- -
415.63MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.29
0.45
0.68
1.19
1.55
1.95
3.5
4.95
5.92
6
5.4
6.12
Basic EPS, GAAP
- -
0.07
0.13
0.19
0.16
0.32
0.47
0.34
0.88
0.72
0.55
0.38
0.53
Free Cash Flow per Basic Share
- -
0.08
0.14
0.11
-0.09
-0.08
0.52
0.38
-0.92
1.02
0.19
0.42
0.68
Dividend per Share
- -
0.03
0.09
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.07
0.12
0.16
0.38
2.12
2.98
3.47
6.36
7.57
8.06
11.07
10.75
11.22
Tangible Book Value per Share
0.07
0.11
0.15
-0.41
-0.89
-1.04
-2.06
-3.23
-4.74
-6.78
-5.59
-5.47
-5.69
Basic Weighted Avg Shares
- -
39
39
39
34
43
47
51
54
55
62
62
57
Sales/Revenue/Turnover
- -
11
17
26
40
67
91
177
269
327
371
337
348
Operating Margin (%)
- -
33.27
40.63
39.06
32.48
32.35
33.3
25.7
26.14
25.36
19.47
18.23
19.45
Depreciation Expense
- -
- -
- -
1
3
6
8
10
15
28
41
41
42
Net Income, GAAP
- -
3
5
7
5
14
22
17
48
40
34
24
30
Effective Tax Rate (%)
- -
23.11
22.99
23.91
35.55
25.65
23.63
34.07
26
31.33
20.65
24.34
31.75
Profit Margin (%)
- -
25.09
30.09
28.36
13.45
20.67
24.05
9.77
17.85
12.19
9.16
7.01
8.68
Working Capital
2
3
5
-11
1
14
22
7
30
2
37
38
43
LT Debt
- -
- -
- -
1
9
20
71
123
207
262
272
268
274
Total Equity
3
5
6
15
86
138
163
345
413
435
686
631
645
Return on Invested Capital (%)
- -
78.32
102.17
54.92
14.37
12.6
11.64
8.49
9.5
8.53
6.86
4.96
5.01
Return on Capital (%)
- -
76.85
98.36
56.17
9.97
11.66
11.76
5.33
9.35
7.33
5.56
3.49
3.87
Return on Common Equity (%)
- -
76.81
98.25
71.55
10.82
12.44
14.58
6.82
12.69
9.39
6.07
3.58
4.7

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
4
4
LT Borrowings
260
267
267
LT Finance Leases
8
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
58
57
Market Capitalization
609
587
774

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
101
112
115
Cash, Cash Equivalents & STI
13
20
25
Accounts Receivable, Net
37
78
77
Inventories
- -
- -
- -
Total Current Liabilities
63
64
72
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
89
- -
- -
- -

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
0.15
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Christian Rasmussen
Full Time Employees
1,391
Sector
Industrials
Industry
Specialty Business Services
Address
Sankt AnnAe Plads 28 Copenhagen CR Denmark 1250
IPO Date
Dec 1, 2021
Business
Better Collective A/S operates as a digital sports media group that owns and operates a diversified portfolio of global and national sports media brands, sports betting media platforms, and esports communities, generating revenue primarily through performance-based affiliate marketing with licensed sportsbooks via revenue share and cost-per-acquisition models; advertising via its in-house AdVantage platform on Google, Bing, and third-party sites; sponsorships; premium subscriptions; and programmatic CPM sales. The company offers sports content including editorial news, videos, podcasts, betting tips, data insights, and educational tools across brands such as Action Network for U.S. sports betting insights; Playmaker HQ for sports and entertainment content; Betarades for online sports betting tips; Soccernews for Dutch soccer news; Wettbasis for German betting knowledge; HLTV and Dust2 for Counter-Strike esports; FUTBIN for EA Sports FC; VegasInsider; AceOdds for UK betting odds; and LatAm network brands like Bolavip and Redgol under Futbol Sites, attracting over 450 million monthly visits from sports fans worldwide. Incorporated in 2004 and headquartered in Copenhagen, Denmark, Better Collective maintains over 20 offices across Europe, North America, South America including Brazil and Argentina, and other regions, serving regulated markets with a focus on safer gambling tools like Mindway AI. Recent developments include the early 2024 acquisitions of Playmaker Capital, its second-largest deal integrating North and South American sports media, and UK-based AceOdds for 42 million euros to bolster recurring revenue in mature markets; a 50 million euro cost-efficiency program with over 300 layoffs to streamline operations amid Brazilian regulatory transitions and U.S. market shifts; launches of the AI-powered Playbook betting solution in September 2025, partnering with X for U.S. distribution and generating millions of bets, and a content sponsorship with BetMGM for Playmaker HQ shows; expansion into Missouri's online sports betting market on December 1, 2025, reaching 25 U.S. states plus D.C.; multiple share buyback programs totaling up to 40 million euros in 2025, including a new 20 million euro initiative through March 2026 and a 1.8% share capital cancellation; and a new three-year 319 million euro club financing facility with an 80 million euro accordion in September 2025.

Company News

  • Better Collective A/S (BTRCF) Discusses Impact of Brazilian Fixed-Odds Betting Ban and Strategic Response Transcript

  • Better Collective A/S (BTRCF) Q2 2026 Earnings Call Transcript

  • Better Collective A/S (BTRCF) Q1 2026 Earnings Call Transcript

  • Better Collective A/S (BTRCF) Q4 2025 Earnings Call Transcript

  • Better Collective A/S (OTCMKTS:BTRCF) Trading Down 0.9% – Time to Sell?

  • Better Collective A/S (BTRCF) Q3 2025 Earnings Call Transcript

  • Better Collective enters into commercial partnership with The New York Post