Betfair
Financials
Estimates*
| GBP | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | 394m | - | 83.3m | 75.0m | 75.0m | - | - |
| % growth | - | - | - | (10 %) | - | - | - |
| EBITDA | 4.0m | 25.0m | 8.3m | 16.7m | 6.7m | 7.3m | 5.4m |
| % EBITDA margin | 1 % | - | 10 % | 22 % | 9 % | - | - |
| Profit | - | 16.7m | 3.3m | - | - | - | - |
| % profit margin | - | - | 4 % | - | - | - | - |
| R&D budget | 58.3m | - | - | - | - | - | - |
| R&D % of revenue | 15 % | - | - | - | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Early VC | ||
£345m Valuation: £1.5b | Acquisition | ||
N/A | Late VC | ||
| N/A | £211m Valuation: £1.4b | IPO | |
N/A Valuation: £5.0b 12.7x EV/LTM Revenues 1243.8x EV/LTM EBITDA | Merger | ||
| Total Funding | - | ||
Related Content
Recent News about Betfair
EditBetfair is a prominent online gambling company that operates the world's largest sports betting exchange. The company serves a diverse range of clients, including sports enthusiasts, casino gamers, and poker players. Betfair's market spans globally, providing a comprehensive suite of betting and gaming products such as sportsbook, casino, poker, and exchange betting. The business model is multifaceted, incorporating Cost Per Acquisition (CPA), Ad Spend, and Hybrid models to generate revenue. CPA allows partners to earn a set amount for every player they refer, while Ad Spend compensates for brand exposure and awareness. The Hybrid model combines both CPA and Ad Spend benefits. Betfair makes money through commissions on bets placed on its exchange, as well as through its various gaming products. The company also runs numerous promotions to engage users and enhance their betting experience.
Keywords: sports betting, casino, poker, exchange, CPA, Ad Spend, Hybrid model, global market, online gambling, promotions.
