Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

NorthStar Gaming Holdings Inc. V.BET

Alternate Symbol(s):  NSBBF

NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games.


TSXV:BET - Post by User

Post by ScarletSpideron Apr 30, 2024 12:33am
119 Views
Post# 36014026

Financials Literally As Estimated

Financials Literally As EstimatedWith only 1 exception and that was for the year ended December 2023 (full year)

Revenue including managed services fees net of bonuses, promotional costs and free bets, was $19.4 million vs estimated $19.5 million...

Everything else if i saw it properly and didnt miss anything was exactly what was estimated. 

I said i highly doubt there would be more than a 2 million differential either side and used gross gaming revenue which is 22.5 million...

This isnt even trading there which is .1165803

Now absolutely no excuse for this not to trade less!!! 

There were a few extra things key performance indicators

31 percent decline in cost per acquisition of a customer (cpa)

18 percent increase in estimated 12 month player values

There was also a section of share issuance we did not see in the preliminary financials so a few new things 

That said i am extremely happy that the companys estimate was nearly 100 percent spot on from their audited that is scary accurate actually just off on one thing!!!  (Providing i took note properly)

Quite pleased with the numbers and very impressed the company was is scary accurate projections
<< Previous
Bullboard Posts
Next >>