Hotels, Restaurants and Leisure
Company Overview of mybet Holding SE
mybet Holding SE operates in the gaming industry in Europe. It operates through Sports Betting, Casino & Poker, Horse Betting, and Other Operating segments. The Sports Betting segment operates as a bookmaker and sets odds on various kinds of sporting events that range from football and cycle racing to boxing and volleyball. It offers a total of 30 sports throughout Europe on the mybet.com portal. The Casino & Poker segment provides a range of table games, such as roulette, blackjack, and various card games, as well as online fruit machines, a live casino, and poker tables. The Horse Betting segment provides online horse betting to approximately 29,000 registered customers on the Internet pla...
Founded in 1998
Key Executives for mybet Holding SE
Chief Executive Officer, Chief Financial Officer and Member of Management Board
Total Annual Compensation: €256.0K
Compensation as of Fiscal Year 2015.
mybet Holding SE Key Developments
mybet Holding SE Announces Preliminary Revenue Results for the Nine Months of 2016; Revises Group Earnings Guidance for the Full Year 2016
Oct 25 16
mybet Holding SE announced preliminary revenue results for the nine months of 2016. For the period, the company has generated group revenues of around EUR 35 million.
The company revised group earnings guidance for the full year 2016. Thus, the third quarter showed a continuation of the negative trend in revenues from the previous quarters. Due to this revenue development, meeting the current revenue forecast is no longer realistic, even when taking into account a possibly evolving positive impulse from the newly introduced IT platform at the end of the year. Therefore the company reduces the existing revenue forecast for the full year 2016. The company now expects group revenues for the full year 2016 to be between EUR 43 and 46 million. The previous forecast included annual revenues between EUR 59 and 62 million. The EBIT forecast remains unchanged still providing positive low-seven- figure EBIT (including effects of the pferdewetten.de transaction).
mybet Holding SE Reports Earnings Results for Second Quarter and Six Months Ended June 30, 2016
Aug 29 16
mybet Holding SE reported earnings results for second quarter and six months ended June 30, 2016. The company reported that net profit attributable to shareholders of the company for the second quarter ended June 30, 2016 was EUR 4.68 million, or EUR 0.18 per share, compared to a net loss attributable to shareholders of the company of EUR 23,000, or EUR 0.00 per share, for the same quarter ended June 30, 2015. Revenue for the second quarter ended June 30, 2016 was EUR 11.43 million, compared to EUR 14.04 million for the same quarter ended June 30, 2015.
Net profit attributable to shareholders of the company for the first six months ended June 30, 2016 was EUR 3.63 million, or EUR 0.14 per share, compared to a net loss attributable to shareholders of the company of EUR 1.15 million, or EUR 0.05 per share, for the same period ended June 30, 2015. Net interest income for the first six months ended June 30, 2016 was EUR 23.97 million, compared to EUR 28.74 million for the same period ended June 30, 2015.
mybet Holding SE Reports Earnings Results for First Half Ended June 30, 2016; Provides Earnings Outlook for the Year 2016
Aug 11 16
mybet Holding SE reported earnings results for first half ended June 30, 2016. For the period, the company’s revenue was EUR 24.0 million and thereby a decline of 16.6% compared to the first half of the previous year. The EBIT including one-off effect pferdewetten.de AG in the first half-year was around EUR 4.8 million and the EBIT without one-off effect in negative EUR 1.8 million. The profit for the period in the first half-year 2016 amounts to a clearly positive EUR 4.2 million compared to loss of EUR 0.2 million for previous year.
The outlook for the financial year 2016 still states a revenue of EUR 59 to EUR 62 million and an EBIT (incl. one-off effect pferdewetten.de AG) in the positive lower single-digit millions.
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