tiprankstipranks
Betmakers Reports Major Financial Improvement in FY24
Company Announcements

Betmakers Reports Major Financial Improvement in FY24

Betmakers Technology Group Ltd. (AU:BET) has released an update.

Don't Miss our Black Friday Offers:

Betmakers Technology Group Ltd. has reported a significant financial turnaround in FY24, with a 74% reduction in adjusted EBITDA loss and a 26% decrease in operating expenses. The company’s strategic restructuring, coupled with technological advancements in their Next Gen platform, is poised to enhance operational efficiency and user experience in FY25. Betmakers is focusing on high-margin, scalable products and international markets to ensure sustainable long-term growth.

For further insights into AU:BET stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskBetmakers Technology Group Announces Director’s Shareholding Changes
TipRanks Australian Auto-Generated NewsdeskTripp Investments Alters Stake in Betmakers
TipRanks Australian Auto-Generated NewsdeskBetmakers Sees Stake Reduction by Tripp Investments
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App