PointsBet (PBH) H2 2026 earnings summary

Executive summary

• MIXI Australia Pty Ltd acquired a 66.4% controlling stake, reconstituting the board and aligning reporting with MIXI standards from October 2025.

• Financial year end changed to 31 March; transition aimed at supporting long-term growth and strategic priorities.

Financial highlights

• Group revenue for FY26 (9 months) was $186.6m, down 1% year-over-year; gross profit was $93.6m, down 6%.

• Normalised EBITDA was $(0.8)m, a decrease of $2.0m from the prior comparable period.

• Net loss for the period was $26.6m, with basic loss per share of 7.7 cents.

• Cash and cash equivalents at 31 March 2026 were $23.0m, including $18.3m of client cash.

Segment performance

• Australia: Revenue $152.0m (down 4%), gross profit $77.0m (down 8%), statutory EBITDA $14.2m (down 30%).

• Canada: Revenue $34.6m (up 13%), gross profit $16.6m (up 4%), statutory EBITDA $(14.0)m (improved 6%).

• Australia saw flat turnover, softness in racing, and a shift toward mass market sports; Canada benefited from iGaming growth and platform upgrades.