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Betsson AB (OSTO:BETS B) Net Margin % : 16.64% (As of Mar. 2024)


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What is Betsson AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Betsson AB's Net Income for the three months ended in Mar. 2024 was kr467 Mil. Betsson AB's Revenue for the three months ended in Mar. 2024 was kr2,809 Mil. Therefore, Betsson AB's net margin for the quarter that ended in Mar. 2024 was 16.64%.

The historical rank and industry rank for Betsson AB's Net Margin % or its related term are showing as below:

OSTO:BETS B' s Net Margin % Range Over the Past 10 Years
Min: 15.22   Med: 17.69   Max: 25.39
Current: 18.62


OSTO:BETS B's Net Margin % is ranked better than
85.32% of 824 companies
in the Travel & Leisure industry
Industry Median: 4.83 vs OSTO:BETS B: 18.62

Betsson AB Net Margin % Historical Data

The historical data trend for Betsson AB's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Betsson AB Net Margin % Chart

Betsson AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 15.75 16.18 15.39 18.70

Betsson AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.99 21.19 20.08 16.59 16.64

Competitive Comparison of Betsson AB's Net Margin %

For the Gambling subindustry, Betsson AB's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Betsson AB's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Betsson AB's Net Margin % falls into.



Betsson AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Betsson AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1983.285/10606.604
=18.70 %

Betsson AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=467.377/2808.788
=16.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Betsson AB  (OSTO:BETS B) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Betsson AB Net Margin % Related Terms

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Betsson AB (OSTO:BETS B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (OSTO:BETS B) Headlines

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