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B90 Holdings (DE:24GN)
FRANKFURT:24GN

B90 Holdings (24GN) Price & Analysis

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24GN Stock Chart & Stats

€0.02
€0.00(0.00%)
At close: 4:00 PM EDT
€0.02
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Revenue And Profitability Rebound2025's 57.2% revenue increase alongside a return to profit indicates renewed demand and operating traction in the performance-marketing model. If maintained, stronger scale and positive margins can support reinvestment and improve the company's ability to compound earnings over coming quarters.
Debt-Free Balance SheetNo debt reported across 2023–2025, with 2025 equity of about 7.2M against 8.3M of assets, gives B90 substantial balance-sheet flexibility. This reduces financing pressure and leaves more capacity to fund marketing initiatives or absorb operating volatility as the turnaround develops.
Improved Cash GenerationPositive operating cash flow and roughly 0.6M of free cash flow in 2025 mark a meaningful improvement after earlier cash burn. Actual cash generation provides internal funding for the business and is an important sign that the reported return to profitability is beginning to translate into liquidity.
Bears Say
Inconsistent Historical ProfitabilityThe 2025 recovery follows very large losses and negative margins during 2021–2024, showing that profitability has not yet been consistent through the cycle. This history raises execution risk and makes it harder to conclude that the latest earnings level is a durable operating baseline.
Unproven Cash ConversionOperating cash flow covered only about 64% of EBITDA in 2025, while prior years included negative operating and free cash flow. The gap between accounting earnings and cash conversion can restrict internally funded growth and signals that the recent improvement still needs to be sustained.
Dependence On Conversion EconomicsB90's model relies on third-party advertisers, affiliate or traffic partners, and the ability to acquire and convert users profitably. This makes durable earnings dependent on maintaining commercial relationships and consistently keeping traffic costs below conversion revenue as activity scales.

B90 Holdings News

24GN FAQ

What was B90 Holdings’s price range in the past 12 months?
B90 Holdings lowest stock price was <€0.01 and its highest was €0.06 in the past 12 months.
    What is B90 Holdings’s market cap?
    B90 Holdings’s market cap is €24.93M.
      When is B90 Holdings’s upcoming earnings report date?
      B90 Holdings’s upcoming earnings report date is May 12, 2027 which is in 232 days.
        How were B90 Holdings’s earnings last quarter?
        B90 Holdings released its earnings results on Sep 21, 2026. The company reported €0 earnings per share for the quarter.
          Is B90 Holdings overvalued?
          According to Wall Street analysts B90 Holdings’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does B90 Holdings pay dividends?
            B90 Holdings does not currently pay dividends.
            What is B90 Holdings’s EPS estimate?
            B90 Holdings’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does B90 Holdings have?
            B90 Holdings has 440,814,730 shares outstanding.
              What happened to B90 Holdings’s price movement after its last earnings report?
              B90 Holdings reported an EPS of €0 in its last earnings report. Following the earnings report the stock price went up 22.222%.
                Which hedge fund is a major shareholder of B90 Holdings?
                Currently, no hedge funds are holding shares in DE:24GN
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  B90 Holdings

                  B90 Holdings PLC, together with its subsidiaries, operates online sportsbook and casino products in the Isle of Man. It also engages in generating marketing leads and marketing contracts for the activities of partners in online sports betting and casinos games under Oddsen.nu, Bet90, and Tippen4you.com brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Holdings PLC in February 2020. B90 Holdings PLC is based in Douglas, the Isle of Man.

                  B90 Holdings (24GN) Earnings & Revenues

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