- Kindred’s preliminary gross winnings revenue for Q3 2024 is £283.1 million.
- Total revenue, including both B2C and B2B segments, reached £294.5 million.
- 83% of the gross winnings revenue came from locally regulated markets.
- Kindred remains on track to meet its full-year EBITDA guidance.
- The revenue report aligns with FDJ’s public tender offer to acquire all outstanding shares of Kindred.
- Final Q3 figures will be released in Kindred’s interim report on October 25th.
- Analyst ratings include 1 buy, 5 holds, and 0 sells.
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A look at Kindred Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Kindred Group is forecasted to have a positive long-term outlook. With a strong score of 5 for Resilience and 4 for Momentum, the company is positioned well to weather market fluctuations and maintain growth momentum over time. Although its Value, Dividend, and Growth scores are moderate at 2 each, the high scores in Resilience and Momentum signal a stable and potentially promising future for Kindred Group.
Kindred Group PLC, a provider of online gambling services including sports betting, poker, and casino games, attracts a global customer base. With overall Smart Scores indicating a solid foundation despite moderate scores in specific areas, Kindred Group appears to be a company with resilience and growth potential. Investors may view the company favorably based on its promising long-term outlook and diversified online gaming offerings.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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