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Betmakers Technology Group ( (AU:BET) ) has provided an announcement.
BetMakers Technology Group Ltd reported a 10.6% decline in revenues to $85.1 million for the year ending June 30, 2025, alongside a 31.7% reduction in losses, amounting to $26.4 million. The company did not declare any dividends during this period. The financial results reflect significant movements in deferred tax assets, share-based payments, and asset impairments, impacting the company’s net tangible assets, which decreased from $52.7 million to $35.4 million. This financial performance may influence the company’s market positioning and stakeholder confidence as it navigates operational challenges.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.22 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 within the technology sector, focusing on providing advanced wagering technology and data solutions. The company primarily serves the betting industry, offering products and services that enhance the operational efficiency and market reach of betting operators.
Average Trading Volume: 1,976,572
Technical Sentiment Signal: Buy
Current Market Cap: A$159.3M
Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.