Betmakers Technology Group Ltd (ASX:BET)
| Market Cap | 201.65M |
| Revenue (ttm) | 89.82M |
| Net Income (ttm) | -12.70M |
| Shares Out | 1.12B |
| EPS (ttm) | -0.01 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,800,437 |
| Average Volume | 1,023,364 |
| Open | 0.180 |
| Previous Close | 0.170 |
| Day's Range | 0.177 - 0.185 |
| 52-Week Range | 0.095 - 0.250 |
| Beta | 1.37 |
| RSI | 50.80 |
| Earnings Date | May 28, 2026 |
About ASX:BET
Betmakers Technology Group Ltd, together with its subsidiaries, engages in the development and provision of software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, Europe, and internationally. It operates through Global Betting Services and Global Tote segments. The company also provides racing software, data, and analytical tools, including basic race data consisting of pricing, runners, and form; analytical tools to consume and leverage the data; and wagering tools, ... [Read more]
Financial Performance
In fiscal year 2025, ASX:BET's revenue was 85.12 million, a decrease of -10.59% compared to the previous year's 95.20 million. Losses were -26.42 million, -31.67% less than in 2024.
Financial StatementsNews
Betmakers Technology Group Earnings Call Transcript: H1 2026
H1 FY26 saw a turnaround to AUD 6M EBITDA and double-digit revenue growth, driven by new tech, major deals with CrownBet and Stake, and the LVDC acquisition. Gross margin rose to 66.5%, with a clear path to 70% by FY27 and continued cost discipline.
Betmakers Technology Group Earnings Call Transcript: H2 2025
Operational turnaround delivered positive EBITDA, strong cash flow, and margin expansion. Revenue growth driven by technology upgrades, international diversification, and new product launches, with a robust outlook for further margin and EBITDA improvements.
Betmakers Technology Group Earnings Call Transcript: H1 2025
Cost base restructuring and tech upgrades drove a sharp reduction in losses and improved margins. Revenue growth is expected to accelerate in FY26, supported by new products, major partnerships, and global expansion, with profitability targeted for 2H FY25.
Betmakers Technology Group Earnings Call Transcript: H2 2024
Revenue was flat at AUD 95.2 million, with a 74% improvement in adjusted EBITDA loss and a 26% reduction in operating expenses. The business is now focused on high-margin, recurring revenue, international growth, and expects further cost reductions and margin improvements in FY 2025.