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BetMakers Technology Group Ltd Reports Improved Profitability and Growth Prospects

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BetMakers Technology Group Ltd Reports Improved Profitability and Growth Prospects

Betmakers Technology Group Ltd. ( (AU:BET) ) has provided an announcement.

BetMakers Technology Group Ltd has reported an improvement in profitability and an expanding pipeline, with revenue growth anticipated in FY26 and early impacts expected in late H2 FY25. The company has reduced its adjusted EBITDA loss to $1.3 million for the first half of FY25 and is leveraging its world-class product and expanding network to drive new growth opportunities, positioning itself strongly in the global racing market.

More about Betmakers Technology Group Ltd.

BetMakers Technology Group Ltd is a global leader in the racing-led wagering sector, providing software, data, and insights to businesses. The company is the only global platform offering B2B technology solutions for both Tote and Fixed Odds wagering on racing, with a network spanning over 230 racing partners, 45 licenses, 60+ wagering operators, and operations in more than 30 countries.

YTD Price Performance: 23.33%

Average Trading Volume: 5,000

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $73.8M

Learn more about BET stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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