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Betmakers Technology Group
(Sydney:BET)
Betmakers Technology Group (BET) vs. iShares MSCI Australia ETF (EWA)
Betmakers Technology Group Business Overview & Revenue Model
Betmakers Technology Group Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 95.20M | 95.03M | 91.68M | 19.46M | 8.58M |
| Gross Profit | 57.40M | -25.37M | 9.84M | -1.60M | 91.59K |
| EBITDA | -5.21M | -40.96M | -86.06M | -18.14M | -375.00K |
| Net Income | -38.67M | -38.78M | -89.23M | -17.46M | -2.14M |
Balance Sheet | |||||
| Total Assets | 150.65M | 199.54M | 223.06M | 230.30M | 62.59M |
| Cash, Cash Equivalents and Short-Term Investments | 29.33M | 41.04M | 87.55M | 120.61M | 31.62M |
| Total Debt | 3.15M | 4.71M | 5.22M | 2.49M | 462.94K |
| Total Liabilities | 39.10M | 48.95M | 33.77M | 34.89M | 2.19M |
| Stockholders Equity | 111.55M | 150.60M | 189.29M | 195.40M | 60.40M |
Cash Flow | |||||
| Free Cash Flow | -5.03M | -32.49M | -34.38M | -4.66M | -723.77K |
| Operating Cash Flow | 3.21M | -24.26M | -18.22M | -2.02M | -501.15K |
| Investing Cash Flow | -11.47M | -11.03M | -22.77M | -46.74M | -222.62K |
| Financing Cash Flow | -2.69M | -11.73M | 7.94M | 137.75M | 31.90M |
Betmakers Technology Group Technical Analysis
Betmakers Technology Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | AU$53.07M | 1.36 | 26.04% | ― | 23.66% | 589.13% | |
70 Outperform | $168.33M | 16.55 | 45.08% | 3.91% | -2.89% | -5.33% | |
62 Neutral | AU$2.86B | 27.61 | 4.79% | 5.15% | 2.38% | -31.70% | |
55 Neutral | $1.77B | ― | -42.74% | 2.65% | 0.73% | -11.04% | |
53 Neutral | $399.15M | ― | -30.20% | 32.91% | ― | ― | |
51 Neutral | $115.36M | ― | -36.49% | ― | -14.46% | -28.07% | |
40 Underperform | AU$276.89M | ― | -99.47% | ― | 76.49% | -75.29% |
Betmakers Technology Group Corporate Events
BetMakers Technology Group Limited has successfully completed an oversubscribed share purchase plan (SPP), raising $1.2 million, exceeding its initial target of $1 million. This, combined with a recent institutional placement, brings the total funds raised to $13.7 million, which will be used to repay debt, fund strategic acquisitions, and improve financial flexibility. The strong shareholder support reflects confidence in the company’s strategic direction and its potential acquisition of Las Vegas Dissemination Company, enhancing its market position in the wagering industry.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
Betmakers Technology Group Ltd has announced the issuance of 12,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code BET. This move is part of a previously announced transaction, reflecting the company’s ongoing efforts to expand its market presence and enhance shareholder value.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
Betmakers Technology Group Limited announced a change in the director’s interest, specifically involving Rebekah Ruth Giles. On June 30, 2025, Giles exercised her service rights, leading to the acquisition of 6,260 fully paid ordinary shares, increasing her total shareholding to 243,134 shares. This change reflects an internal adjustment in the company’s executive shareholdings, which may impact the company’s governance and stakeholder alignment.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group has announced the issuance of 547,780 fully paid ordinary shares as part of its employee incentive plan. This move, completed without the need for disclosure under the Corporations Act, reflects the company’s adherence to regulatory requirements and its commitment to rewarding employee performance, potentially strengthening its market position.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
Betmakers Technology Group Ltd announced the application for the quotation of 547,780 ordinary fully paid securities on the ASX, with the issue date set for June 30, 2025. This move, involving securities issued under an employee incentive scheme, is likely to impact the company’s market presence by potentially increasing liquidity and shareholder value.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group Limited has announced a Share Purchase Plan (SPP) aimed at raising $1,000,000, with shares priced at $0.10 each, representing a 9.9% discount to the recent average trading price. The SPP is open to eligible shareholders in Australia and New Zealand, offering investment parcels ranging from $2,500 to $30,000. This initiative is designed to provide shareholders with an opportunity to increase their investment in the company, potentially strengthening BetMakers’ market position and financial stability.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group has successfully completed a placement of 115 million fully paid ordinary shares, raising A$11.5 million from sophisticated and institutional investors. The funds will be used to repay debt, fund strategic agreements and acquisitions, and improve financial flexibility. This move is expected to strengthen BetMakers’ financial position and support its strategic growth initiatives, including a potential acquisition in Nevada, enhancing its industry positioning.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
Betmakers Technology Group Ltd announced a new issuance of 115,000,000 fully paid ordinary securities to be quoted on the ASX as of June 12, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and liquidity, impacting stakeholders by possibly increasing the company’s capital base and financial flexibility.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group Ltd has announced a successful institutional placement, raising approximately A$12.5 million to strengthen its balance sheet and fund strategic initiatives, including a potential acquisition of Las Vegas Dissemination Company. This capital raise, supported by both existing and new investors, positions BetMakers to pursue growth opportunities and improve financial flexibility, signaling a positive outlook for its strategic objectives.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group Ltd has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move indicates the company’s strategic financial planning, potentially impacting its market operations and stakeholders as it seeks to bolster its capital resources.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group Limited has released an investor presentation providing a general overview of its activities as of June 2025. The company emphasizes its leadership in racing technology solutions and highlights its strategic focus on maintaining its market position amidst various economic and regulatory challenges. The presentation includes forward-looking statements that outline the company’s future plans and strategies, while also acknowledging the inherent risks and uncertainties in the industry.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group Ltd has announced a strategic acquisition of Las Vegas Dissemination Company (LVDC), the only approved supplier of pari-mutuel wagering services in Nevada. This acquisition is expected to generate approximately A$4 million in annualized revenue and enhance BetMakers’ presence in the North American market. The move is aimed at strengthening relationships with major casino operators in Nevada and expanding BetMakers’ product offerings, potentially opening new revenue channels. The acquisition positions BetMakers to modernize horse racing wagering experiences in Las Vegas, leveraging its industry-leading technology and global racing network.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
BetMakers Technology Group has announced significant advancements in its Apollo product suite, which have led to a 50% increase in monthly bets and a 35% rise in active users. These enhancements, including a partnership with Sky Racing and the introduction of advanced machine-learning pricing models, have strengthened BetMakers’ market position and reduced operational costs. Additionally, the company reported its best quarterly operating cash-flow result in Q3 FY25, with a positive Adjusted EBITDA and improved gross margins, indicating strong financial health and setting the stage for continued growth in FY26.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.