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BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an update.
BlueBet Holdings Ltd announced a positive EBITDA for the first half of fiscal year 2025, achieving this milestone ahead of schedule. The success was driven by strategic customer reactivation, increased margins from product and platform improvements, and cost and revenue synergies. The company continues to focus on profitable scaling through organic and inorganic growth, leveraging its market-leading product and experienced team.
More about BlueBet Holdings Ltd.
BlueBet Holdings Ltd (ASX:BBT) is an Australian online wagering provider, powered by a scalable proprietary cloud-based technology platform. It offers a premium mobile user experience and has a B2B solution for partners. In July 2024, BlueBet merged with betr, enhancing its position in the Australian market. The company is led by notable figures Michael Sullivan and Matthew Tripp with a seasoned management team.
YTD Price Performance: 16.67%
Average Trading Volume: 235,581
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$198.2M
For detailed information about BBT stock, go to TipRanks’ Stock Analysis page.
