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An announcement from Betmakers Technology Group ( (AU:BET) ) is now available.
BetMakers Technology Group Ltd has successfully met the performance hurdle for Tranche 1 of its Long-Term Incentive Plan (LTIP), achieving an EBITDA annual run-rate of $10.8 million and $6.4 million in operating cash-flow for the six months ending June 2025. This milestone reflects the company’s strategic focus on expanding its global footprint and enhancing shareholder value, as evidenced by the conversion of 5,000,000 performance rights into fully paid ordinary shares.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.27 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
More about Betmakers Technology Group
BetMakers Technology Group Ltd operates in the wagering technology industry, focusing on providing B2B solutions for the betting sector. The company aims to build a world-class wagering technology platform and is committed to aligning management incentives with shareholder value creation.
YTD Price Performance: 61.90%
Average Trading Volume: 2,089,315
Technical Sentiment Signal: Hold
Current Market Cap: A$186.8M
For detailed information about BET stock, go to TipRanks’ Stock Analysis page.