Q3 2021 Pointsbet Holdings Ltd Activities Report Call Transcript

Apr 30, 2021

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Apr 30, 2021 / 12:00AM GMT
Operator

Thank you for standing by, and welcome to the PointsBet Holdings Limited Q3 FY 2021, Appendix 4C and investor update. (Operator Instructions)

I would now like to hand the conference over to Mr. Sam Swanell, Managing Director and Group CEO. Please go ahead.

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

Good morning, and thank you all for joining the PointsBet Holdings Limited Q3 FY '21 business update and activities report. This is Sam Swanell, CEO, and I'm joined on the call today by our CFO, Andrew Mellor. This morning, '21 trading performance for the Australian and U.S. businesses. Please note all numbers referred to are unaudited and in Australian dollars, unless otherwise stated.

Turning to Slide 4. I was very pleased with the performance of the global trading business during Q3. The performance compared to the prior corresponding period of Q3 FY '20 to be referred to as PCP was as follows: Turnover was up 236% at $905.2 million; gross win, up 275% at $100.5 million; net win, up 246% at $64.9

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