An update from Betmakers Technology Group Ltd. ( (AU:BET) ) is now available.
BetMakers Technology Group Ltd reported a 19.4% decrease in revenues for the half-year ending December 31, 2024, amounting to $41.4 million. The company also experienced a 27.1% increase in losses, totaling $17.1 million, attributed to factors such as deferred tax asset movements and share-based payment expenses. No dividends were declared during this period, and the net tangible assets per ordinary security decreased significantly from 8.56 cents to 3.63 cents, reflecting a challenging financial period for the company.
More about Betmakers Technology Group Ltd.
BetMakers Technology Group Ltd operates in the technology sector, focusing on providing software and data solutions for the betting industry. The company is involved in developing and supplying technology-driven products and services that cater to the needs of wagering operators and stakeholders in the global betting market.
YTD Price Performance: 23.33%
Average Trading Volume: 5,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $73.8M
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