Added to YB: 2026-10-02
Pitch date: 2026-09-27
BETCO.ST [bearish]
Better Collective A/S
+17.91%
current return
Author Info
Lind Research provides institutional grade investment research in the Nordics. Sign up for the newsletter.
Company Info
Better Collective A/S, together with its subsidiaries, operates as a digital sports media company in Europe, North America, and internationally.
Market Cap
SEK 354.9M
Pitch Price
SEK 87.10
Price Target
50.00 (-30%)
Dividend
N/A
EV/EBITDA
6.00
P/E
12.60
EV/Sales
1.89
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Brazil Bans Betting: Better Collective Loses a Growth Market and Its Buyback in One Weekend
BETCO.ST (update): Better Collective faces a two-sided valuation hit from Brazil’s immediate betting ban and suspension of the buyback viewed as the share price’s main support. Removing an estimated €30m of annual Brazil EBITDA cuts 2027E EPS about 38%, while the unused €21m buyback is unlikely to restart quickly. The shares could fall to SEK 50-60, 44-53% below SEK 106, though Congress could let the ban lapse.
Read full article (5 min)