Q1 2022 Pointsbet Holdings Ltd Activities Report Call Transcript

Oct 28, 2021

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Oct 27, 2021 / 10:30PM GMT
Operator

Thank you for standing by, and welcome to the PointsBet Holding Limited Q1 FY '22 Appendix 4C Investor Update. (Operator Instructions) I would now like to hand the conference over to 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 Q1 FY '22 Business Update and Activities Report. This is Sam Swanell, CEO. I'm joined on the call today by our group CFO, Andrew Mellor; together with our U.S. CEO, Johnny Aitken; and U.S. Chief Commercial Officer, Eric Foote, joining us from our U.S. head office in Denver.

Please note, all numbers referenced are unaudited and in Australian dollars, unless otherwise stated.

Turning to Slide 4. Compared to the group results for Q1 FY '21 to be referred to as the PCP, in Q1 FY '22, turnover was up 42% at $979.9 million, sports betting gross win was up 66% at $117.7 million, and group net win was up 82% at $69.5 million.

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