OpenBet is a sports betting technology provider that supports various betting operators with its platform and services.

OpenBet

FansUnite Entertainment Inc. operates as a sports and entertainment company. It focuses on technology related to regulated and lawful online sports betting, esports betting, casino, and other related products. The company also offers MCbookie sportsbook, a sports betting services that focuses on Scottish sporting action; and VAMOS GG, an esports sportsbook and casino site platform. In addition, it provides white label solutions for esports, traditional sports, and casinos; and casino games under the ASKOTT games. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

FansUnite Entertainment Inc.

Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer gaming operators in Europe, the Americas, and internationally. The company's services include compliance, odds-compiling, customer intelligence, and risk management services built on an in-house developed software platform. Kambi Group plc was founded in 2010 and is headquartered in Ta' Xbiex, Malta.

Kambi Group plc

WestLotto offers online lottery games including Lotto, Eurojackpot, Keno, and GlücksSpirale, operating under state auspices.

Metric
Company Name	OpenBet	FansUnite Entertainment Inc.	Kambi Group plc	WestLotto
Symbol		FANS	KAMBI
MSH ID	COM:OPENBET	COM:FANSUNITE	COM:KAMBI	DE:WESTLOTTO
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Technology	Consumer Cyclical	Consumer Cyclical	Consumer Services
Industry	Gaming & Entertainment	Gambling, Resorts & Casinos	Gambling, Resorts & Casinos	Gambling & Casinos
Country	US	CA	MT	DE
Stage
Employee Count		44	1.09K
Website	openbet.com	fansunite.com	kambi.com	westlotto.de
LinkedIn
Founders

Metric
Market Cap	13.91M	307.22M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	16.78M	183.05M
Revenue (LTM)
Revenue (NTM)
Gross Profit	-3.72M	183.05M
EBITDA	-1.92M	47.20M
Operating Income	-16.17M	8.48M
Net Income	-14.91M	15.74M
EPS	-0.04	0.52
Diluted EPS	-0.04	0.52
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.61	0.83
Operating Profit Margin	-0.92	0.17
EBITDA Margin	-0.11	0.26
Net Profit Margin	-0.45	0.13
Return on Equity	-0.34	0.15
Return on Assets	-0.20	0.10
Return on Capital Employed	-0.68	0.16

COM:OPENBET

OpenBet

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-0.20	15.12
P/B Ratio	0.41	2.21
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.37	2.03
EV Multiple	15.33	6.63

Metric
Days Sales Outstanding	87.60
Days Payables Outstanding	52.54
Days Inventory Outstanding	2.63
Operating Cycle	124.49	90.50
Cash Conversion Cycle	105.16	-104.98
Asset Turnover	0.45	0.81

Metric
Operating Cash Flow	-2.91M	52.65M
Free Cash Flow	-2.91M	19.72M
Cash Flow to Debt		6.16
Operating Cash Flow/Sales	0.02	0.37
Free Cash Flow Yield	-0.30	0.10

Metric
Cash & Equivalents	1.60M	53.38M
Accounts Receivable	502.24K
Inventory
Goodwill	13.93M	43.01M
Debt to Capitalization	0.09	0.07
Debt to Assets	0.05	0.05
Current Ratio	0.37	2.41
Quick Ratio	2.05	3.60

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.10	0.01
R&D to Revenue
SG&A to Revenue	0.81