bet-at-home.com AG

Latest Results (04.09.2026):

bet-at-home.com AG — fourth quarter / year‑end 2025 (FY2025): the company’s 2025 financial statements show parent‑company revenue of EUR 1,191,243.95 (up from EUR 828,672.69 in 2024), other operating income boosted by remeasurement and reimbursements to EUR 968,008.17, dividend income from the subsidiary of EUR 2,000,000.00 and a reported net profit for the year of EUR 1,325,793.81. Year‑end equity reflects an accumulated loss of EUR -1,451,742.43. Cash at banks stood at EUR 1,352,789.90; receivables from affiliates and intra‑group liabilities both declined materially versus 2024. The report also records increased provisions related to settlement/legal costs, a revaluation (increase) of customer repayment claims tied to the Maltese liquidation case, management changes in 2025 and the divestment of the former majority shareholder in Q4 2025.

Key figures (FY 2025)

Revenue: EUR 1,191,243.95 (2024: EUR 828,672.69). Other operating income: EUR 968,008.17 (includes reimbursements and a EUR 630,087.92 remeasurement of customer claims). Income from investments (dividend): EUR 2,000,000.00. Net profit after taxes: EUR 1,325,793.81. Accumulated loss at year‑end: EUR -1,451,742.43.

Balance sheet and liquidity

Cash at banks: EUR 1,352,789.90. Total equity at 31.12.2025 includes share capital EUR 7,018,000 and capital reserves EUR 7,366,000. Receivables from affiliated companies fell to EUR 2,931,043.74 (from EUR 8,093,154.26). Liabilities to affiliated companies decreased to EUR 2,619,447.22 (from EUR 9,591,194.46).

Customer claims and remeasurement

The carrying amount of acquired customer repayment claims (against bet‑at‑home.com Entertainment Ltd., in liquidation) was increased to EUR 1,320,966.31 as of 31.12.2025 following a change in the company’s assessment tied to pending ECJ proceedings; this increase generated a EUR 630,087.92 positive remeasurement included in other operating income.

Expenses, provisions and impairments

Personnel expenses (board remuneration) totaled EUR 1,020,426.71 (incl. social security). Other operating expenses rose to EUR 1,664,910.77 (notably settlement and legal fees including EUR 590,889.50 to an Austrian litigation funder, plus audit-related charges). Provisions increased to EUR 731,720.65 (mainly settlement/legal costs). No impairment was recognised in 2025 (a reversal on the customer claims was recorded).

Investments, interest and tax

Dividend received from subsidiary bet‑at‑home.com Entertainment GmbH: EUR 2,000,000. Interest and similar expenses: EUR -148,120.83 (largely intra‑group). No income tax expense was recognized for 2025.

Corporate, governance and major‑shareholder changes

Management change: Claus Retschitzegger appointed sole member of the Management Board effective 1 June 2025 (succeeding Marco Falchetto). Ownership: Betclic Everest Group SAS reduced and ultimately sold its 53.9% stake in Q4 2025 so the company had no majority shareholder at year‑end; subsequent Feb 2026 filings (post‑year end) note an acting‑in‑concert acquisition totalling 24.85% by Charging Bull Asset Management GmbH and Sulzbacher Unternehmensberatungs GmbH.

Appropriation and proposal

The Management Board will propose to the Annual General Meeting that the net income for 2025 (EUR 1,451,742.43 as stated in the report) be carried forward to new account.