Football
There is currently 1 person viewing this thread.
04 Dec 14
09:49
Joined:
Date Joined:
04 Mar 04
Betfair (BET) – Half Yearly Report
Revenue up 26%, driven by strong customer base growth and successful Gaming cross-sell, as well as the World Cup and favourable sports results
Excluding the World Cup and unusually high gross win margins, revenue was up 12%
Strong revenue growth resulted in EBITDA up 51% to £73.9m
Underlying free cash flow up 186% to £67.2m
Active customer base up 50% to over one million following record activations and increased loyalty driven by our signature Cash Out and Price Rush products
Mobile revenue more than doubled and now represents 70% of Sportsbook revenue
Gaming revenue up 44% following a 63% increase in the number of Sports customers using Gaming products for the first time
Betfair US revenue up 17% as TVG launches the first Apple approved US horseracing betting app
Announcing a cash return of £200m to shareholders
Interim dividend up 50% to 9.0 pence per share
Increasing the medium term dividend payout target to approximately 50% of earnings
Now expecting full year EBITDA of between £97m and £103m
Revenue up 26%, driven by strong customer base growth and successful Gaming cross-sell, as well as the World Cup and favourable sports results
Excluding the World Cup and unusually high gross win margins, revenue was up 12%
Strong revenue growth resulted in EBITDA up 51% to £73.9m
Underlying free cash flow up 186% to £67.2m
Active customer base up 50% to over one million following record activations and increased loyalty driven by our signature Cash Out and Price Rush products
Mobile revenue more than doubled and now represents 70% of Sportsbook revenue
Gaming revenue up 44% following a 63% increase in the number of Sports customers using Gaming products for the first time
Betfair US revenue up 17% as TVG launches the first Apple approved US horseracing betting app
Announcing a cash return of £200m to shareholders
Interim dividend up 50% to 9.0 pence per share
Increasing the medium term dividend payout target to approximately 50% of earnings
Now expecting full year EBITDA of between £97m and £103m
sort by:
Show
per page
Replies: 8
|
By:
Don't hold you breath mate
|
|
By:
Increasing the medium term dividend payout target to approximately 50% of earnings
MONEY TREE Laying Revenue up 5%, to £148m  Now expecting full year EBITDA of between £97m and £103m |
|
By:
 |
|
By:
Sounds good now - watch what happens in 2 years time with the current strategy when nearly all Exchange customers disappear.
The Exchange will look like an Optician's ' Field of Vision test with a few bots biting away at crumbs and unable to eat any money. All will be left is a small Sportsbook competing in a saturated market. Betfair now and in 2 years will be like comparing Manchester United to Team Manchester. |
|
By:
insane
wow wow |
|
By:
good for us that they've given shareholders back some of their cash
|
|
By:
I hope they're paying their employees the living wage.
|
|
By:
my Christmas hamper has already arrived
|