Pointsbet Holdings Ltd (PBH) - Net Assets

Latest as of December 2025: AU$-13.08 Million AUD ≈ $-9.25 Million USD

Based on the latest financial reports, Pointsbet Holdings Ltd (PBH) has net assets worth AU$-13.08 Million AUD (≈ $-9.25 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$61.96 Million ≈ $43.84 Million USD) and total liabilities (AU$75.04 Million ≈ $53.10 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Pointsbet Holdings Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-13.08 Million
% of Total Assets	-21.11%
Annual Growth Rate	41.9%
5-Year Change	-98.66%
10-Year Change	N/A
Growth Volatility	527.02

Pointsbet Holdings Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Pointsbet Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore PBH total asset value for the complete picture of this company's asset base.

Annual Net Assets for Pointsbet Holdings Ltd (2016–2025)

The table below shows the annual net assets of Pointsbet Holdings Ltd from 2016 to 2025. For live valuation and market cap data, see Pointsbet Holdings Ltd market cap and net worth.

Year	Net Assets	Change
2025-06-30	AU$6.00 Million ≈ $4.25 Million	-68.84%
2024-06-30	AU$19.26 Million ≈ $13.63 Million	-96.16%
2023-06-30	AU$501.45 Million ≈ $354.81 Million	-31.90%
2022-06-30	AU$736.36 Million ≈ $521.02 Million	+64.53%
2021-06-30	AU$447.55 Million ≈ $316.67 Million	+152.67%
2020-06-30	AU$177.13 Million ≈ $125.33 Million	+137.73%
2019-06-30	AU$74.51 Million ≈ $52.72 Million	+1595.85%
2018-06-30	AU$4.39 Million ≈ $3.11 Million	+86.04%
2017-06-30	AU$2.36 Million ≈ $1.67 Million	+817.97%
2016-06-30	AU$257.26K ≈ $182.03K	--

Equity Component Analysis

This analysis shows how different components contribute to Pointsbet Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 85286848000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$813.67 Million	13558.87%
Other Comprehensive Income	AU$45.38 Million	756.26%
Other Components	AU$1.00	0.00%
Total Equity	AU$6.00 Million	100.00%

Pointsbet Holdings Ltd Competitors by Market Cap

The table below lists competitors of Pointsbet Holdings Ltd ranked by their market capitalization.

Company	Market Cap
SYLVANIA PLAT. DL 001 F:31L	$250.91 Million
Barnes & Noble Education Inc NYSE:BNED	$250.98 Million
ELRINGKLINGER.UNSP.ADR/2 F:ZIL	$250.99 Million
Formosan Rubber Group Inc TW:2107	$251.08 Million
Lantronix Inc NASDAQ:LTRX	$250.85 Million
Praetorian Acquisition Corp. Class A Ordinary Shares NASDAQ:PTOR	$250.82 Million
Integrated Wind Solutions AS OL:IWS	$250.58 Million
KYE Systems Corp TW:2365	$250.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pointsbet Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 19,257,000 to 6,001,000, a change of -13,256,000 (-68.8%).
Net loss of 18,153,000 reduced equity.
Share repurchases of 109,000 reduced equity.
Other comprehensive income increased equity by 1,815,999.
Other factors increased equity by 3,190,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-18.15 Million	-302.5%
Share Repurchases	AU$109.00K	-1.82%
Other Comprehensive Income	AU$1.82 Million	+30.26%
Other Changes	AU$3.19 Million	+53.16%
Total Change	AU$-	-68.84%

Book Value vs Market Value Analysis

This analysis compares Pointsbet Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 56.32x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 54.45x to 56.32x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-06-30	AU$0.02	AU$1.02	x
2018-06-30	AU$0.03	AU$1.02	x
2019-06-30	AU$1.12	AU$1.02	x
2020-06-30	AU$1.15	AU$1.02	x
2021-06-30	AU$2.25	AU$1.02	x
2022-06-30	AU$2.88	AU$1.02	x
2023-06-30	AU$1.64	AU$1.02	x
2024-06-30	AU$0.06	AU$1.02	x
2025-06-30	AU$0.02	AU$1.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pointsbet Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -302.50%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.95%
• Asset Turnover: 3.57x
• Equity Multiplier: 12.20x
Recent ROE (-302.50%) is below the historical average (-110.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-70.56%	0.00%	0.00x	1.32x	AU$-207.25K
2017	-133.29%	-843.76%	0.10x	1.61x	AU$-3.38 Million
2018	-151.53%	-70.96%	0.85x	2.51x	AU$-7.10 Million
2019	-56.22%	-163.52%	0.27x	1.27x	AU$-49.34 Million
2020	-23.41%	-55.16%	0.35x	1.22x	AU$-59.18 Million
2021	-41.95%	-96.44%	0.31x	1.40x	AU$-232.49 Million
2022	-36.35%	-136.99%	0.20x	1.31x	AU$-341.32 Million
2023	-73.71%	-175.75%	0.35x	1.21x	AU$-419.75 Million
2024	-219.75%	-17.24%	3.00x	4.25x	AU$-44.24 Million
2025	-302.50%	-6.95%	3.57x	12.20x	AU$-18.75 Million

Industry Comparison

This section compares Pointsbet Holdings Ltd's net assets metrics with peer companies in the Gambling industry.

Industry Context

Industry: Gambling
Average net assets among peers: $566,449,841
Average return on equity (ROE) among peers: 48.38%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pointsbet Holdings Ltd (PBH)	AU$-13.08 Million	-70.56%	N/A	$250.86 Million
Ainsworth Game Technology Ltd (AGI)	$25.14 Million	-58.95%	0.64x	$262.13 Million
Aristocrat Leisure Ltd (ALL)	$1.73 Billion	31.32%	2.37x	$20.70 Billion
Betr Entertainment Ltd (BBT)	$45.37 Million	-13.38%	0.28x	$132.71 Million
Betmakers Technology Group Ltd (BET)	$60.40 Million	-3.54%	0.04x	$142.68 Million
Jumbo Interactive Ltd (JIN)	$-819.00K	0.00%	0.00x	$333.38 Million
Light & Wonder Inc (LNW)	$1.16 Billion	316.54%	4.18x	$6.61 Billion
Tabcorp Holdings Ltd (TAH)	$1.24 Billion	15.10%	1.01x	$1.89 Billion
The Lottery Corporation Ltd (TLC)	$264.80 Million	100.00%	15.51x	$8.71 Billion

About Pointsbet Holdings Ltd

AU:PBH Australia Gambling

Market Cap

$250.86 Million

AU$354.54 Million AUD

Market Cap Rank

#15679 Global

#436 in Australia

Share Price

AU$1.02

Change (1 day)

+0.00%

52-Week Range

AU$0.81 - AU$1.30

All Time High

AU$9.07