PBH
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0.00% 46.5¢ pointsbet holdings limited

Media Update, page-599

  1. JohnK123
    736 Posts.
    lightbulb Created with Sketch. 53
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    07/04/21
    20:02
    Post #: 52311059
    Possibly, although that'll still be 5x what it floated for in 2019 by the way


    Watch in-play betting take off like crazy. I think addressable market will be closer to $40-50 billion in 2023-24

    PBH will have ~10% market share, which is $4 billion revenue

    They were targeting 15% of revenue into the bottom line

    So that's $600 million, PE of 20 gives $12 billion, so should be closer to $40 by then
    PBH Price at posting: $14.07 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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