Betsson AB (publ)
Betsson AB (publ), through its subsidiaries, invests in and manages online gaming business in the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally. The company offers casino games, including slots, table games, and live casino; sportsbook that offers online betting on a various sports and events; and other games, such as poker, bingo, … Read more
Betsson AB (publ) (BTSNY) - Net Assets
Latest net assets as of December 2025: $894.10 Million USD
Based on the latest financial reports, Betsson AB (publ) (BTSNY) has net assets worth $894.10 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 ($1.33 Billion) and total liabilities ($433.90 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $894.10 Million |
| % of Total Assets | 67.33% |
| Annual Growth Rate | 12.25% |
| 5-Year Change | 57.19% |
| 10-Year Change | N/A |
| Growth Volatility | 4.31 |
Betsson AB (publ) - Net Assets Trend (2020–2025)
This chart illustrates how Betsson AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Betsson AB (publ) (2020–2025)
The table below shows the annual net assets of Betsson AB (publ) from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $894.10 Million | +4.24% |
| 2024-12-31 | $857.70 Million | +12.97% |
| 2023-12-31 | $759.20 Million | +17.20% |
| 2022-12-31 | $647.80 Million | +13.89% |
| 2021-12-31 | $568.80 Million | +13.35% |
| 2020-12-31 | $501.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Betsson AB (publ)'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $905.60 Million | 100.00% |
| Total Equity | $905.60 Million | 100.00% |
Betsson AB (publ) Competitors by Market Cap
The table below lists competitors of Betsson AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jereissati Participações S.A.
SA:IGTI11
|
$1.39 Billion |
|
Ryman Healthcare Limited
PINK:RHCGF
|
$1.39 Billion |
|
Acadian Asset Management Inc
NYSE:AAMI
|
$1.39 Billion |
|
Inmobiliaria Colonial SOCIMI S.A.
LSE:0RID
|
$1.39 Billion |
|
Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392
|
$1.39 Billion |
|
Borregaard ASA
PINK:BRRDF
|
$1.39 Billion |
|
Hakuhodo DY Holdings Inc
OTCGREY:HKUOF
|
$1.39 Billion |
|
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd
SHG:600872
|
$1.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Betsson AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 869,100,000 to 905,600,000, a change of 36,500,000 (4.2%).
- Net income of 177,400,000 contributed positively to equity growth.
- Dividend payments of 104,800,000 reduced retained earnings.
- Share repurchases of 12,500,000 reduced equity.
- Other factors decreased equity by 23,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $177.40 Million | +19.59% |
| Dividends Paid | $104.80 Million | -11.57% |
| Share Repurchases | $12.50 Million | -1.38% |
| Other Changes | $-23.20 Million | -2.56% |
| Total Change | $- | 4.20% |
Book Value vs Market Value Analysis
This analysis compares Betsson AB (publ)'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: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.32x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $3.65 | $15.80 | x |
| 2021-12-31 | $4.18 | $15.80 | x |
| 2022-12-31 | $4.78 | $15.80 | x |
| 2023-12-31 | $5.61 | $15.80 | x |
| 2024-12-31 | $6.30 | $15.80 | x |
| 2025-12-31 | $6.58 | $15.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Betsson AB (publ) 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): 19.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.82%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.47x
- Recent ROE (19.59%) is below the historical average (20.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 19.98% | 15.75% | 0.77x | 1.64x | $49.83 Million |
| 2021 | 18.61% | 16.18% | 0.73x | 1.57x | $49.22 Million |
| 2022 | 18.28% | 15.39% | 0.76x | 1.56x | $54.18 Million |
| 2023 | 23.03% | 18.70% | 0.79x | 1.56x | $100.30 Million |
| 2024 | 20.86% | 16.38% | 0.81x | 1.57x | $94.39 Million |
| 2025 | 19.59% | 14.82% | 0.90x | 1.47x | $86.84 Million |
Industry Comparison
This section compares Betsson AB (publ)'s net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $805,824,536
- Average return on equity (ROE) among peers: 7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betsson AB (publ) (BTSNY) | $894.10 Million | 19.98% | 0.49x | $1.39 Billion |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |