1. Malta Stocks

  2. •

    Consumer Cyclical

  3. •

    Gambling, Resorts & Casinos
Kindred Group plc

Kindred Group plc

KIND-SDB.ST
Kindred Group plcSE flagStockholm Stock Exchange
129.10
SEK
- -
- -
27.86BMarket Cap
Kindred Group plc
KIND-SDB.ST
(Stockholm Stock Exchange)

Recent

price

129.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
0.55
0.62
0.66
0.69
0.88
1.2
1.38
1.55
2.37
3.3
4
4.03
4.98
5.57
4.86
5.61
5.76
Revenue per Share
0.04
0.12
0.14
0.16
0.14
0.18
0.41
0.24
0.37
0.52
0.58
0.25
0.73
1.31
0.54
0.22
0.31
Basic EPS, GAAP
0.21
0.18
0.16
0.14
0.14
0.18
0.25
0.27
0.4
0.72
0.69
0.28
1.28
1.05
0.41
0.5
0.52
Free Cash Flow per Basic Share
0.06
0.03
0.09
0.05
0.07
0.09
0.14
0.2
0.24
0.31
0.55
0.5
- -
0.33
0.33
0.34
0.17
Dividend per Share
0.27
0.37
0.42
0.51
0.6
0.7
0.73
0.77
0.83
1.06
1.04
0.83
1.57
2.28
2.39
2.07
2.51
Book Value per Share
-0.24
-0.12
-0.05
-0.03
-0.06
0.04
0.11
-0.2
-0.15
-0.63
-0.63
-0.89
-0.05
-0.52
-0.52
-0.84
-0.45
Tangible Book Value per Share
224
224
224
223
223
224
226
228
229
228
227
227
227
226
220
216
216
Basic Weighted Avg Shares
123
138
147
154
197
268
312
354
544
751
908
913
1,130
1,260
1,069
1,210
1,241
Sales/Revenue/Turnover
29.57
23.68
23.2
27.04
20.76
17.24
20.87
19.09
18.53
19.19
17.51
7.99
20.14
22.48
6.52
8.85
13.27
Operating Margin (%)
10
9
10
9
16
19
17
14
24
38
47
55
61
49
56
64
64
Depreciation Expense
9
27
32
35
32
40
93
56
84
117
132
57
165
295
120
46
66
Net Income, GAAP
20.87
7.33
4.23
6.91
7.64
7.39
5.66
10.45
9.59
11.06
11.97
15.65
14.45
12.74
5.28
20.67
24.2
Effective Tax Rate (%)
7.11
19.35
21.96
22.97
16.02
14.96
29.94
15.73
15.42
15.62
14.5
6.2
14.62
23.44
11.22
3.84
5.35
Profit Margin (%)
5
-27
-15
-11
-18
- -
5
-65
-63
-54
-54
-51
33
-15
-35
-96
-46
Working Capital
66
- -
- -
- -
- -
- -
- -
- -
- -
133
149
279
168
155
173
168
112
LT Debt
101
123
142
159
179
199
203
213
244
298
292
234
412
565
595
508
580
Total Equity
16.39
18.29
20.45
23.17
19.71
19.57
27.27
23.5
29.12
28.96
25.28
10.82
29.75
30.97
7.49
10.1
15.35
Return on Invested Capital (%)
7.24
24.51
32.06
33.37
24.54
26.78
58.4
28.22
35.49
35.37
31.27
13.68
33.61
49.1
17.83
8.09
10.47
Return on Capital (%)
14.13
37.88
36.69
33.89
25.46
27.71
58.28
32.71
45.83
54.45
55.09
26.69
60.77
67.78
23.06
9.57
12.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
15
15
14
LT Borrowings
116
122
97
LT Finance Leases
21
17
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
215
216
216
Market Capitalization
1,970
2,014
2,039

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
359
360
369
Cash, Cash Equivalents & STI
233
252
217
Accounts Receivable, Net
68
64
79
Inventories
- -
- -
- -
Total Current Liabilities
457
411
416
Payables & Accruals
- -
- -
- -
ST Debt
15
15
14
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.55%
16.8%
-14.69%
Free Cash Flow
40.76%
47.65%
19.36%
Net Income, GAAP
28.82%
18.6%
-61.22%
Sales/Revenue/Turnover
17.64%
6.79%
13.27%
Total Cash Common Dividend
- -
- -
1.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
247
239
278
306
1,069
2023
306
299
278
313
1,210
2024
308
326
294
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.03
0.03
0.26
- -
0.54
2023
0.12
0.13
0.06
- -
0.22
2024
0.15
0.21
0.04
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
0.17
- -
- -
0.33
2023
- -
0.17
- -
- -
0.34
2024
- -
- -
- -
- -
- -
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Business
Kindred Group plc, a leading online gambling operator majority-owned by La Française des Jeux (FDJ) following its October 2024 acquisition, provides digital entertainment through nine consumer brands including flagship Unibet, 32Red, Maria Casino, Vlad Cazino, and Bingo.com; core offerings encompass sports betting via proprietary platforms like Kindred Racing, casino and games representing over half of revenue with RNG and live options across seven studios, poker featuring the Unibet Open tournament, bingo, and other gaming products. The company operates a B2C segment focused on regulated markets where 82% of gross winnings revenue originates, supplemented by a B2B arm through 93%-owned Relax Gaming which supplies exclusive poker, bingo, and content to operators; it targets customers in Europe including the UK, Netherlands, Sweden, Denmark, Belgium, and Romania, with additional presence in Australia and the US via partnerships like Hard Rock Atlantic City and Mohegan Sun Pocono. Founded in 1997 and formerly known as Unibet Group plc until its 2016 rebranding to emphasize a multi-brand strategy, Kindred maintains headquarters in Valletta, Malta, with major hubs in Gibraltar, London, Stockholm, and the US; recent developments include FDJ's completion of a SEK 130 per share tender offer valuing the group at approximately €2.5 billion, integration of Kindred's brands and technology to form a European gaming champion under FDJ UNITED, strong H1 2024 revenue growth to £635 million and 25% EBITDA increase to £132 million driven by cost controls and expansions in the Netherlands and B2B via Relax Gaming, alongside extension of its revolving credit facility to November 2025.