Bet-at-home.com AG: Group Figures for the First Half of 2024

bet-at-home.com AG has released its financial results for the first six months of 2024. Gross betting and gaming revenue rose by 4.9% year-on-year to EUR 25.4 million, driven by the European Football Championship 2024. Net gaming revenue saw a 7.1% increase to EUR 20.2 million.

Personnel expenses dropped by 8.8% while advertising expenses almost doubled to EUR 10.3 million due to focused investments. Other operating expenses decreased by 17.5%. The EBITDA before special items stood at EUR 1.2 million, down from EUR 4.3 million last year.

The Group’s equity reached EUR 28.1 million by the end of June 2024. Cash and cash equivalents totaled EUR 34.2 million. For the full year, gross betting and gaming revenue is projected to be between EUR 45 million and EUR 53 million. The EBITDA before special items is expected to range from EUR -1 million to EUR 2.5 million.