Betmakers Technology Group Ltd. (AU:BET)
ASX:BET
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BET Stock Chart & Stats
AU$0.16
<AU$0.01(4.76%)
At close: 4:00 PM EST
AU$0.16
<AU$0.01(4.76%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$0.25
Previous CloseN/A
Volume398.51K
Average Volume (3M)2.98M
Market Cap
AU$196.05M
Enterprise ValueAU$176.01M
Total Cash (Recent Filing)AU$30.16M
Total Debt (Recent Filing)AU$4.52M
Price to Earnings (P/E)―
Beta0.42
Next Earnings
Aug 27, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,120,282,200
10 Day Avg. Volume5,987,460
30 Day Avg. Volume2,984,990
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)1.01
Price to Sales (P/S)1.13
P/FCF Ratio-14.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.31Price Target Upside90.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)AU$93.83M
Bulls Say, Bears Say
Bulls Say
Recurring, Diversified Revenue ModelBetmakers' business mixes subscription/platform fees, transaction-linked fees and data/content sales, creating multiple recurring streams. This durable model scales with operator volumes, supports predictable contracted revenue, and allows cross-sell of services over a 2-6 month horizon and beyond.
High Gross MarginA 64% gross margin indicates the company benefits from software and data economics with low variable costs per additional customer. That structural margin provides a buffer against revenue dips, supports operating leverage as sales grow, and preserves room to invest in product and distribution.
Very Low Financial LeverageMinimal debt gives Betmakers balance-sheet flexibility to fund product development, partnerships or absorb short-term revenue weakness without large interest burdens. Low leverage reduces refinancing risk and supports strategic investments over several months without immediate funding pressure.
Bears Say
Declining Revenue TrendSustained revenue decline weakens the core scaling dynamics of a platform business. For a model tied to operator handle and transaction volumes, falling top-line reduces fixed-cost absorption and hampers progress toward profitability, posing a structural headwind over the coming 2-6 months.
Persistent Negative ProfitabilityLarge negative margins and deeply negative ROE show the company is not generating operating profits or returns on capital. This structural profitability shortfall limits reinvestment from earnings, risks further capital raises, and makes sustained improvement necessary before shareholder value is demonstrably created.
Poor Cash GenerationVery weak OCF conversion and negative free cash flow indicate earnings do not translate into spendable cash. Over months this constrains product investment and commercial expansion, increases reliance on external funding, and raises the risk of dilution or capex cuts if trends persist.
Betmakers Technology Group News
BET FAQ
What was Betmakers Technology Group Ltd.’s price range in the past 12 months?
Betmakers Technology Group Ltd. lowest share price was AU$0.10 and its highest was AU$0.25 in the past 12 months.
What is Betmakers Technology Group Ltd.’s market cap?
Betmakers Technology Group Ltd.’s market cap is AU$196.05M.
When is Betmakers Technology Group Ltd.’s upcoming earnings report date?
Betmakers Technology Group Ltd.’s upcoming earnings report date is Aug 27, 2026 which is in 77 days.
How were Betmakers Technology Group Ltd.’s earnings last quarter?
Betmakers Technology Group Ltd. released its earnings results on Feb 26, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of -AU$0.001 by -AU$0.002.
Is Betmakers Technology Group Ltd. overvalued?
According to Wall Street analysts Betmakers Technology Group Ltd.’s price is currently Undervalued.
Does Betmakers Technology Group Ltd. pay dividends?
Betmakers Technology Group Ltd. does not currently pay dividends.
What is Betmakers Technology Group Ltd.’s EPS estimate?
Betmakers Technology Group Ltd.’s EPS estimate is 0.
How many shares outstanding does Betmakers Technology Group Ltd. have?
Betmakers Technology Group Ltd. has 1,120,282,200 shares outstanding.
What happened to Betmakers Technology Group Ltd.’s price movement after its last earnings report?
Betmakers Technology Group Ltd. reported an EPS of -AU$0.003 in its last earnings report, missing expectations of -AU$0.001. Following the earnings report the stock price went up 2.703%.
Which hedge fund is a major shareholder of Betmakers Technology Group Ltd.?
Currently, no hedge funds are holding shares in AU:BET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Betmakers Technology Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.31 (90.62% Upside)
AU$0.31 (90.62% Upside)
Blogger Sentiment
Bullish
AU:BET Sentiment 92%
Sector Average 66%
Sector Average 66%
Insider Transactions
Bought Shares
Worth AU$127.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
17.24%
12-Months-Change
Fundamentals
Return on Equity
-13.44%
Trailing 12-Months
Asset Growth
7.93%
Trailing 12-Months
Company Description
Betmakers Technology Group Ltd.
Betmakers Technology Group Ltd, through its various subsidiaries, designs and delivers cutting-edge software, data solutions, and analytical instruments for the business-to-business (B2B) betting industry. Its extensive reach covers Australia, New Zealand, the United States, the United Kingdom, and other international markets. The company operates via three core divisions: Global Racing Network, Global Betting Services, and Global Tote. Betmakers empowers racing authorities and rights holders by assisting in the generation and circulation of race content, which encompasses barrier systems, official odds calculation, live vision, and pricing distribution. Beyond this, it furnishes advanced racing software, comprehensive data sets, and insightful analytical tools. These offerings include fundamental race statistics like odds, participant lists, and form guides; sophisticated analytical utilities for processing and leveraging this information; and specialized wagering applications. Additionally, the firm provides pari-mutuel (tote) software along with integration services, aimed at optimizing pool liquidity and expediting race outcome finalization. Founded in 2013, Betmakers Technology Group Ltd maintains its corporate head office in The Junction, Australia.
BET Company Deck
BET Earnings Call
Q2 2026
0:00 / 0:00
BET Stock 12 Month Forecast
Average Price Target
AU$0.31
▲(90.62% Upside)
Technical Analysis
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Options Prices
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