PointsBet Holdings Limited (PBTHF) H1 2025 Earnings Call Transcript

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PointsBet Holdings Limited (OTCQX:PBTHF) H1 2025 Earnings Conference Call February 25, 2025 5:30 PM ETCompany ParticipantsSamuel Swanell - Group CEOAlister Lui - Group CFOConference Call ParticipantsKai Erman – JefferiesOperatorThank you for standing by, and welcome to the PointsBet Holdings Limited H1 FY '25 Financial Results. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions]I would now like to hand the conference over to Mr. Sam Swanell, Group CEO. Please go ahead.Samuel SwanellGood morning. I would like to thank you for joining this call to present the PointsBet Holdings Limited Half year 2025 results. This is Sam Swanell, Group CEO and I’m joined today by our Group CFO, Alister Lui.Today, we will talk about investor presentation, which was logged with the ASX this morning together with our half year financial report. We will also touch upon the announcement this morning regarding PointsBet entering a scheme implementation deed with Mixi.Please note the Safe Harbor statement in the presentation and that all figures are in Australian dollars unless otherwise stated.Turning to Slide 4. PointsBet has entered a scheme of implementation deed with Mixi and Mixi Australia for the acquisition by Mixi Australia of 100% of issued share capital of PointsBet Holdings Limited by way of a scheme of arrangement.Mixi is a consumer technology company with its principal business activities including the development and operation of mobile games, communication services, publicly managed sports betting services and management of professional sports teams in Japan. The company has over 1,600 permanent employees across the globe and generated approximately JP¥ 147 billion in annual sales in FY '24.Under the terms of the scheme, PointsBet shareholders will receive cash consideration of AUD1.06 per PointsBet