Despite a sequential dip in quarterly revenue for Q1 2025, Betsson AB’s CEO Pontus Lindwall remains resolutely confident.
In an interview with NEXT.io following the operator’s release of its Q1 2025 results, Lindwall said: “We have a profit margin of over 20% at EBIT level, despite heavy investment,” adding that Betsson chooses to expense most of its expansion rather than capitalising it.
“We invest in building up the organisation and marketing our products, and those costs go straight through the P&L. We invested quite heavily in the first quarter, yet still managed to maintain a profit margin of around 20%,” he said.
“I think that’s a strong takeaway — it’s rare to see such dynamics in the P&L among large listed companies.”
