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Betmakers Technology Group Ltd (ASX:BET)

ALERT: Price-sensitive ASX Announcement for BET
Current share price for BET : $0.210 0.025 (13.51%)+
Announcement
Release
27 Feb 2026 8:14AM
Price at Release
$0.185
Full Release
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Summary
BetMakers Technology Group Ltd reported its half-year results for the period ending 31 December 2025. The company saw a 11.4% increase in revenues to $46.1 million, with a net loss after tax of $3.4 million, a significant improvement from the $17.2 million loss in the previous comparable period. Despite the loss, the gross margin increased by 19%, and there was a notable recovery in receivables. The company did not declare any dividends for this period. Their Adjusted EBITDA showed an increase, highlighting operational improvements and cost management. The company also completed the acquisition of the Las Vegas Dissemination Company. The performance of their Global Betting Services division was a notable highlight, transitioning from a 'transformation phase' to a 'scalable growth phase'.
Key Points
  • Revenues increased by 11.4% to $46.1 million.
  • Net loss after tax improved to $3.4 million from $17.2 million.
  • Gross margin increased by 19%.
  • No dividends were declared.
  • Adjusted EBITDA improved significantly.
  • Completed acquisition of Las Vegas Dissemination Company.
  • Global Betting Services division entered a scalable growth phase.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.