Glossary & Definitions

Active customersNumber of customers who have played on any of Betsson’s gaming sites in the past three months, without any deposit requirement.
All gaming solutionsIn the term All Betsson’s gaming solutions, KPIs attributable to Betsson are consolidated with KPIs attributable to B2B associates.
Average equityEquity in the beginning of the quarter plus equity at the end of the quarter, divided by two.
Average capital employedTotal assets less non-interest bearing debts at beginning and end of quarter, divided by two.
Average number of employeesNumber of employees expressed as full-time equivalent, FTE (full year’s work).
Average number of shares outstandingWeighted average number of shares outstanding during the period.
B2BBusiness-to-Business
Betting dutiesIncludes point of consumption tax attributable to local licences to operate gaming. Fixed fees for gaming licences are not included.
DepositsCustomers’ deposits to gaming accounts.
Dividend per shareActual/proposed dividend. Includes share redemption programmes.
Earnings per share after dilutionNet income, attributable to owners of the parent company, divided by the weighted average number of shares outstanding during the year, adjusted for additional number of shares for options with dilutive effect.
Earnings per shareNet income attributable to owners of the parent company, in relation to the average number of shares outstanding.
EBITDAIncome before financial items, taxes, depreciation and amortisation.
EBITDA marginEBITDA as a percentage of revenue.
Equity per shareEquity, attributable to owners of the parent company, as a percentage of the number of shares outstanding at the end of the period.
Equity/assets ratioEquity at the end of the period as a percentage of the balance sheet total at the end of the period.
GearingDebt-to-Equity ratio
Gross profitRevenues less commission to partners and affiliates, betting duties, licensing fees to games suppliers, payments to payment suppliers and so called fraud (unapproved payments).
Mobile revenueRevenues from customers using mobile devices.
NDCNew Depositing Customer
Net debtFinancial liabilities (bond, bank loans and leasing debts) plus customer liabilities less Cash and cash equivalents and 90% of receivables from payment providers.
Number of employeesNumber of employees on last month’s payroll.
Number of shareholdersNumber of direct shareholders and shareholders listed through a nominee shareholder registered in the shareholder register kept by Euroclear Sweden AB.
Number of shares outstandingNumber of shares outstanding (excluding repurchased shares) at the end of the period.
Operating income (EBIT)Income before financial items and taxes.
Operating margin (EBIT)Operating income before financial items as a percentage of revenue for the period.
Operational expensesExpenses for marketing, personnel, other external expenses, amortisation and depreciation, capitalised development costs and other operating income/expenses.
OrganicExcluding effects from currency fluctuations, in relation to the comparable period, and contribution from acquired entities over the past 12 months.
Profit marginIncome after financial items as a percentage of revenue for the period. Equity/assets ratio: Equity at the end of the period as a percentage of the balance sheet total at the end of the period.
Return on equityIncome after tax in relation to average equity.
Return on total capitalIncome after financial items plus financial expenses, in relation to average total capital.
Return on total capital employedIncome after financial items plus financial expenses, in relation to average capital employed.
RevenuesRevenues from gaming business is reported after payment/payout of players’ winnings, less deductions for jackpot contributions, loyalty programs and bonuses and other operating income. Licence fees from B2B partners consists of invoiced revenue for providing technical platforms for external gaming operators.