Betsson
ISIN: SE0018535684 | Ticker: BETS | LEI: 549300W61XW8OFGBG077
Country: Sweden
From a single slot machine in 1963 to being listed on Nasdaq Stockholm and holding gaming licenses in 19 jurisdictions, Betsson has come a long way. Today, we are a multi-national company employing some 2,200 people from 55+ nationalities in 14 locations. Betsson AB's headquarters are in Stockholm, Sweden, but the operational headquarters are in Ta' Xbiex, Malta. We refer to the operational subsidiaries as "Betsson Group".
Betsson’s operational subsidiaries’ vision is to deliver the best customer experience in the industry. We offer casino, sportsbook and other games via gaming licences in several countries in Europe, South America, North America, and Central Asia. The business model is to offer gaming under 20+ brands, including Betsson, Betsafe, Nordicbet and Casinoeuro. The brands are operated on a proprietary platform, which is the core of the offer and the customer experience.
1963
Served areaWorldwide
HeadquartersRegeringsgatan 28, 11153 Stockholm – Sweden
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 8,264,602,000.00 | 897,200,000.00 | 1,018,700,000.00 |
| Noncurrent Assets | N/A | 5,653,567,000.00 | 625,600,000.00 | 650,100,000.00 |
| Property Plant And Equipment | N/A | 71,650,000.00 | 6,600,000.00 | 8,100,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | 18,275,000.00 | 245,365,000.00 | N/A |
| Deferred Tax Assets | N/A | 34,630,000.00 | 1,100,000.00 | 8,100,000.00 |
| Current Assets | N/A | 2,611,035,000.00 | 271,600,000.00 | 368,600,000.00 |
| Trade And Other Current Receivables | N/A | 1,093,366,000.00 | 1,026,363,000.00 | N/A |
| Other Current Receivables | N/A | N/A | 100,400,000.00 | 118,300,000.00 |
| Current Tax Assets Current | N/A | 555,908,000.00 | 62,800,000.00 | 66,500,000.00 |
| Cash and cash equivalents | 639,155,000.00 | 86,000,000.00 | 95,600,000.00 | 168,300,000.00 |
| Cash | N/A | 863,165,000.00 | 977,440,000.00 | N/A |
| Equity And Liabilities | N/A | 8,264,602,000.00 | 897,200,000.00 | 1,018,700,000.00 |
| Equity | N/A | 5,062,893,000.00 | 5,816,275,000.00 | N/A |
| Issued Capital | N/A | 96,329,000.00 | 96,329,000.00 | N/A |
| Retained Earnings | N/A | 3,460,051,000.00 | 4,012,743,000.00 | N/A |
| Other Reserves | N/A | 41,179,000.00 | 270,796,000.00 | N/A |
| Additional Paidin Capital | N/A | 1,439,975,000.00 | 1,441,949,000.00 | N/A |
| Equity Attributable To Owners Of Parent | N/A | N/A | 568,800,000.00 | 647,800,000.00 |
| Noncontrolling Interests | N/A | 25,359,000.00 | 3,000,000.00 | 1,500,000.00 |
| Noncurrent Liabilities | N/A | 1,140,190,000.00 | 15,700,000.00 | 112,100,000.00 |
| Deferred Tax Liabilities | N/A | 17,132,000.00 | 1,800,000.00 | 3,200,000.00 |
| Longterm Borrowings | N/A | 991,265,000.00 | N/A | N/A |
| Noncurrent Portion Of Noncurrent Bonds Issued | N/A | N/A | 0.00 | 98,600,000.00 |
| Current Liabilities | N/A | 2,061,519,000.00 | 312,700,000.00 | 258,800,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 70,276,000.00 | 13,800,000.00 | 17,800,000.00 |
| Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 43,400,000.00 | 63,600,000.00 |
| Current Tax Liabilities Current | N/A | 639,117,000.00 | 74,100,000.00 | 80,300,000.00 |
| Other Current Liabilities | N/A | 757,483,000.00 | 78,200,000.00 | 91,000,000.00 |
| Current Bonds Issued And Current Portion Of Noncurrent Bonds Issued | N/A | N/A | 97,400,000.00 | 0.00 |
| Line item in (sek) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | N/A | 657,700,000.00 | 777,200,000.00 |
| Revenue From Rendering Of Services | 6,389,567,000.00 | 6,672,344,000.00 | N/A |
| Other Work Performed By Entity And Capitalised | 245,407,000.00 | 24,800,000.00 | 24,400,000.00 |
| Employee Benefits Expense | 890,918,000.00 | 95,000,000.00 | 119,000,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 36,100,000.00 | 41,200,000.00 |
| Depreciation And Amortisation Expense | 359,108,000.00 | 366,295,000.00 | N/A |
| Other Expense By Nature | 844,802,000.00 | 894,405,000.00 | N/A |
| Other Gains Losses | -29,766,000.00 | -4,311,000.00 | N/A |
| Profit Loss From Operating Activities | 1,125,215,000.00 | 117,600,000.00 | 131,200,000.00 |
| Finance Income | 3,240,000.00 | 400,000.00 | 5,500,000.00 |
| Finance Costs | 59,690,000.00 | 6,000,000.00 | 12,100,000.00 |
| Profit Loss Before Tax | 1,068,765,000.00 | 112,000,000.00 | 124,600,000.00 |
| Income Tax Expense Continuing Operations | 77,973,000.00 | 8,100,000.00 | 9,900,000.00 |
| Profit (loss) | 990,792,000.00 | 103,900,000.00 | 114,700,000.00 |
| Profit Loss Attributable To Owners Of Parent | 1,006,482,000.00 | 106,400,000.00 | 119,600,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -15,690,000.00 | -2,500,000.00 | -4,900,000.00 |
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 990,792,000.00 | 103,900,000.00 | 114,700,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 359,108,000.00 | 36,100,000.00 | 41,200,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 21,882,000.00 | -500,000.00 | 200,000.00 |
| Adjustments For Sharebased Payments | N/A | 1,369,000.00 | 200,000.00 | 300,000.00 |
| Other Adjustments For Noncash Items | N/A | 10,709,000.00 | 1,200,000.00 | 4,900,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 44,642,000.00 | 4,400,000.00 | 6,300,000.00 |
| Interest Received Classified As Operating Activities | N/A | 3,236,000.00 | 300,000.00 | 900,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 76,613,000.00 | 57,662,000.00 | N/A |
| Cash Flows From Used In Operating Activities | N/A | 1,384,172,000.00 | 143,600,000.00 | 178,700,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 21,500,000.00 | 6,600,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 48,536,000.00 | 3,100,000.00 | 4,300,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 317,185,000.00 | 29,000,000.00 | 31,200,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -693,814,000.00 | -71,600,000.00 | -51,200,000.00 |
| Proceeds From Issuing Other Equity Instruments | N/A | 1,218,000.00 | 1,975,000.00 | N/A |
| Payments Of Other Equity Instruments | N/A | N/A | 336,000.00 | N/A |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 290,046,000.00 | 137,713,000.00 | N/A |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 216,057,000.00 | 207,975,000.00 | N/A |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 49,693,000.00 | 5,800,000.00 | 6,400,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -428,104,000.00 | -62,200,000.00 | -54,700,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 262,254,000.00 | 9,800,000.00 | 72,800,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -38,244,000.00 | -200,000.00 | -100,000.00 |
| Cash and cash equivalents | 639,155,000.00 | 86,000,000.00 | 95,600,000.00 | 168,300,000.00 |
Please note that some sums might not add up.
| Date | Trading entity / Person | Association | Trade type | Volume |
|---|---|---|---|---|
| 28.04.23 | Eva Leach | Other | Buy | SEK 111,900.00 |
| 28.04.23 | Eva de Falck | Other | Buy | SEK 102,270.30 |
| 27.04.23 | Peter Hamberg | Other | Buy | SEK 4,040,163.80 |
| 27.04.23 | Eva Leach | Other | Buy | SEK 106,400.00 |
| 27.04.23 | Eva de Falck | Other | Buy | SEK 100,285.20 |
| 19.09.22 | Tristan Sjöberg | Other | Buy | SEK 643,860.00 |
SE0018535684
LEI549300W61XW8OFGBG077
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