Pointsbet Holdings (ASX:PBH) EBIT: A$-22.7 Mil (TTM As of Dec. 2025)


ASX:PBH Pointsbet Holdings Ltd ASX:PBH
42 GF Score
Price A$0.92
GF Value A$0.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Pointsbet Holdings EBIT?

Pointsbet Holdings ASX:PBH -5.15% 42 EBIT is A$-22.7 Mil as of Dec. 2025. GuruFocus rates ASX:PBH with a GF Score™ of 42/100 and a GF Value™ of A$0.96 (Fairly Valued). The stock has 4 warning signs investors should review.

Pointsbet Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-22.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-22.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pointsbet Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -84.03%. Pointsbet Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2,502.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pointsbet Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.12%.

Pointsbet Holdings  (ASX:PBH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pointsbet Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-44.264 * ( 1 - 0% )/( (52.741 + 52.617)/ 2 )
=-44.264/52.679
=-84.03 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=73.207 - 41.133 - ( 40.198 - max(0, 64.974 - 44.307+40.198))
=52.741

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=61.964 - 48.755 - ( 26.104 - max(0, 72.742 - 33.334+26.104))
=52.617

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Pointsbet Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-44.264/( ( (1.683 + max(-61.139, 0)) + (1.855 + max(-64.805, 0)) )/ 2 )
=-44.264/( ( 1.683 + 1.855 )/ 2 )
=-44.264/1.769
=-2,502.20 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.416) - (41.133 + 0 + 23.422)
=-61.139

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.23 + 0 + 0) - (48.755 + 0 + 23.28)
=-64.805

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pointsbet Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-22.706/318.962
=-7.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pointsbet Holdings EBIT Related Terms

Pointsbet Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Pointsbet Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pointsbet Holdings EBIT Chart

Pointsbet Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial -184.31 -264.55 -106.70 -30.88 -18.15

Pointsbet Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.31 -3.57 -17.58 -0.57 -22.13

ASX:PBH vs FLUT, DKNG, LNWO: EBIT Comparison

For the Gambling subindustry, Pointsbet Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pointsbet Holdings EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pointsbet Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pointsbet Holdings's EV-to-EBIT falls into.


ASX:PBH
42GF Score
Pointsbet Holdings Ltd ASX:PBH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pointsbet Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-22.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-22.7 Mil mean?
Pointsbet Holdings (ASX:PBH) has a EBIT of A$-22.7 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pointsbet Holdings.
Is Pointsbet Holdings' EBIT too high?
Pointsbet Holdings' current EBIT is A$-22.7 Mil. Overall, Pointsbet Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pointsbet Holdings' EBIT compare to FLUT and DKNG?
Pointsbet Holdings' EBIT of A$-22.7 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pointsbet Holdings. Pointsbet Holdings's current EBIT is A$-22.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pointsbet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pointsbet Holdings (ASX:PBH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.92 — trading 4.2% below its estimated fair value. The current EBIT is A$-22.7 Mil. Pointsbet Holdings' overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pointsbet Holdings (ASX:PBH), the current EBIT is A$-22.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pointsbet Holdings (ASX:PBH) Overvalued in 2026?

Based on GuruFocus' analysis, Pointsbet Holdings stock appears to be undervalued. The current stock price of A$0.92 is trading 4.2% below its estimated GF Value™ of A$0.96. GuruFocus considers Pointsbet Holdings to be Fairly Valued.

Key valuation signals for ASX:PBH:

  • EBIT: A$-22.7 Mil
  • GF Value™: A$0.96 vs. price of A$0.92 (4.2% below fair value)
  • GF Score™: 42/100 with 4 warning signs

No single metric tells the full story. See the ASX:PBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pointsbet Holdings Business Description

Other Exchanges PBTHF:USA
Address 165 Cremorne Street, Level 2, Cremorne, VIC, AUS, 3121
PointsBet Holdings Ltd offers a scalable cloud-based platform providing sports and racing betting and iGaming services. The business is divided into three segments: Australian Trading, serving Australian customers; Canada Trading, serving Canadian customers; and the Corporate segment. The majority of its revenue is generated from Australian Trading.
42GF Score

Get the complete analysis for ASX:PBH

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.92
Price
A$0.96
GF Value