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Betmakers Technology Group Ltd (ASX:BET)

ALERT: Price-sensitive ASX Announcement for BET
Current share price for BET : $0.175 0.005 (2.94%)+
Announcement
Release
29 Apr 2026 9:59AM
Price at Release
$0.170
Full Release
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Summary
BetMakers Technology Group Ltd reported a positive financial performance for Q3 FY26, highlighting a 12.6% increase in revenue compared to the prior corresponding period, driven by technology-led growth and initial contributions from LVDC and CrownBet. The company achieved an adjusted EBITDA of $3.4 million, marking a $2.2 million improvement from the same quarter the previous year. Gross margin expanded to 67.0%, and strong operating cash flow was maintained at $2.8 million. BetMakers continues to focus on technological innovation and operational efficiency to drive future growth, with additional new customers expected to launch in Q4 FY26.
Key Points
  • Revenue increased by 12.6% compared to the prior corresponding period.
  • Adjusted EBITDA of $3.4 million, improved by $2.2 million from Q3 FY25.
  • Gross margin expanded to 67.0%, up from 63.9% in Q3 FY25.
  • Strong operating cash flow maintained at $2.8 million.
  • Successful go-live of CrownBet and completion of LVDC acquisition.
  • Technology-led operating model supports ongoing cost base optimization.
  • AI-powered innovation and scalable platform support future growth.
  • Additional new customers anticipated in Q4 FY26.
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.