Better Collective shares fall 37.16% following Brazil betting ban
Better Collective’s suspension of 2027 guidance leaves investors without its financial outlook amid uncertainty over operations in Brazil.
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Activity summary: Better Collective appears in 3 entries across 2 markets (mainly Brazil, UK). By desk: Deals & M&A 2, Regulation 1. Computed from our records only.
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Better Collective’s suspension of 2027 guidance leaves investors without its financial outlook amid uncertainty over operations in Brazil.
Søgaard argues mitigation could offset the UK duty increase while warning that the higher rate benefits black-market operators.
Better Collective’s revenue growth drew contributions from prediction markets and the World Cup, while improved revenue-sharing economics supported earnings.
Better Collective · Nasdaq Stockholm: BETCO. Share price end-of-day, delayed; not investment advice.
| Quarter ended | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | EUR 81.5m | EUR 78.3m | EUR 94.3m | EUR 86.3m | EUR 89.1m |
| EBITDA | EUR 22.5m | EUR 18.3m | EUR 21.3m | EUR 26.5m | EUR 28.2m |
| Operating income | EUR 12.8m | EUR 11.5m | EUR 25.7m | EUR 14.8m | EUR 15.7m |
| Net income | EUR 5.3m | EUR 1.6m | EUR 13.0m | EUR 7.3m | EUR 8.2m |
| Diluted EPS | 0.08 | 0.03 | — | 0.12 | 0.14 |
| Cash & equivalents | EUR 22.4m | EUR 23.4m | EUR 13.5m | EUR 20.2m | EUR 25.1m |
Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.
Next results expected: 18 November 2026 (provisional).
End-of-day, delayed; not investment advice. Data and methodology · All gaming stocks
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