BETCO Better Collective A/S

Better Collective releases its annual and sustainability report for 2021

Better Collective releases its annual and sustainability report for 2021

Regulatory Release no. 14/2022

March 23, 2022

Better Collective has today published its annual report including a corporate governance report, together with the company’s sustainability- and remuneration reports. All reports can be accessed on Better Collective’s website.



Better Collective has today released its annual and sustainability report for the 2021 financial year together with a corporate governance report as well as a remuneration report. Overall, the report introduces the Better Collective group and presents the company’s 2021 financial and strategic performance together with its future strategy.

The sustainability report also includes facts and figures, highlighted cases, as well as progresses and ambitions for Better Collective’s five focus areas: responsible gambling, governance and running a compliant business, the people at Better Collective, environmental issues, and the local communities which the company contributes to.



Enquiries regarding this announcement should be addressed to

Head of investor relations Christina Bastius Thomsen,

This information was submitted for publication, through the agency of the contact person set out above at 8.00 am CET on March 23, 2022.



About Better Collective

is a global sports betting media group providing platforms that empower and enhance the betting experience for sports fans and iGamers. Aiming to make betting and gambling more entertaining, transparent and fair, Better Collective offers a range of editorial content, bookmaker information, data insights, betting tips, iGaming communities and educational tools. Its portfolio of platforms include , , and . Better Collective is headquartered in Copenhagen, Denmark, and listed on Nasdaq Stockholm (BETCO). More information at .

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23/03/2022

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Reports on Better Collective A/S

ABGSC Online Gaming Research ... (+3)
  • ABGSC Online Gaming Research
  • Oscar Rönnkvist
  • Simon Jönsson

Uncertain outlook - keep HOLD

Soft Q1 margin and rev-share NDC intake making us cut '24e and '25e adj. EBITA by 2% and 4%. Keep HOLD on uncertain outlook and limited valuation support.

ABGSC Online Gaming Research ... (+3)
  • ABGSC Online Gaming Research
  • Oscar Rönnkvist
  • Simon Jönsson
ABGSC Online Gaming Research ... (+3)
  • ABGSC Online Gaming Research
  • Oscar Rönnkvist
  • Simon Jönsson

Mind the comps

Q1e: 12% pro forma revenue decline y-o-y on notably tough comps. We cut '25e North America growth, weighing 6% on '25e-'26e EBITA. Maintain HOLD – keep awaiting a better entry point.

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Better Collective - All aboard the rev-share train

Q3 miss does not deflate our optimism Solid outlook remains, limited adj. EBITA revisions Retain BUY at 8x ‘23e EV/EBITA

Oscar Rönnkvist ... (+2)
  • Oscar Rönnkvist
  • Simon Jönsson

Better Collective - Reiterated 2022 targets is reassuring

Q3: miss on numbers, partly due to more rev-share We expect limited revisions on reiterated targets Share should outperform slightly today

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