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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PointsBet
PointsBet (PBH) investor relations material
PointsBet Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 earnings summary30 Oct, 2026
Executive summary
HY27 covers 1 Apr–30 Sep 2026; financial-statement comparatives cover the six months ended 31 Dec 2025, while operating KPIs compare with 1 Apr–30 Sep 2025.
Reported net loss was $17.3m; revenue was $112.7m. Normalised EBITDA loss was $6.9m, down $9.8m versus the prior corresponding period.
Total Net Win fell 17% to $122.1m and revenue fell 16% versus the prior corresponding period; active clients grew 6% to 310,058.
Financial highlights
Revenue was $112.725m versus $129.255m in the financial-statement comparative period; statutory net loss narrowed to $17.282m from $22.177m.
Gross profit was $57.051m versus $64.155m; total expenses were $74.125m versus $86.287m.
Normalised EBITDA loss was $6.9m versus $3.3m in the prior corresponding period; statutory EBITDA loss was $8.5m versus $12.2m in the financial-statement comparative period.
Operating cash outflow was $8.1m; cash increased by $1.9m to $24.8m, including $5.3m of corporate cash.
Outlook and guidance
Sportsbook and iGaming launches in Alberta are expected in 2026, expanding the addressable market into a second regulated Canadian province.
Forecast cash flows, available cash, undrawn facilities, prospective working-capital options and parent financial support were assessed as sufficient to support operations for at least 12 months from approval.
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Latest events from PointsBet
- Stable revenues, strategic growth, and strong governance marked the AGM, with no near-term dividend.PBH
AGM 2026 - Positive EBITDA, new board members, and auditor change mark a year of strategic transition.PBHAGM 2025
- FY26 revenue dipped 1% as MIXI took control; Australia softened, Canada iGaming surged.PBHH2 2026
- Revenue up 4% to $129.3m, MIXI takes control, net loss widens, Canada outperforms Australia.PBHH1 2026
- Record results, U.S. exit, capital returns, and growth focus in Australia and Canada.PBHAGM 2024
- Net win up 12% year-over-year, $2.66M cash outflow, $33.58M cash, 12.62 quarters funding.PBHQ1 2025 TU
- Revenue up 17%, major capital return, and FY25 guidance for growth and profitability.PBHH2 2024
- FY24 net win up 16%, EBITDA loss narrows, $442.4M returned, and cash at $42.2M.PBHQ4 2024 TU
- First full-year EBITDA profit, record actives, and stable liquidity with positive outlook.PBHQ2 2025 TU
Next PointsBet earnings date
H1 202725 Feb, 2027
PointsBet
Next PointsBet earnings date
H1 202725 Feb, 2027
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Frequently asked questions
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company operates PointsBet US, a sports betting agency with a focus on an in-play betting product; PointsBet Australia that offers fixed odds retail and call centre operation; PointsBet Racing, which provides wagering on racing markets through its self-service terminals at TAB retail outlet; and PointsBet UK. The company was founded in 2015 and is headquartered in Cremorne, Australia.