BetMakers Shows Strong Q3 FY26 Performance with Improved Margins.
BetMakers Technology Group Ltd. (ASX: BET) recorded a robust Q3 FY26, marked by steady revenue growth and a sharp improvement in profitability. Quarterly revenue rose by 12.6% year-on-year to AU$23.4 million, supported by continued demand for its technology offerings and early contributions from new partnerships. Adjusted EBITDA climbed to AU$3.4 million, reflecting the impact of cost restructuring and improved operational efficiency. Profitability strengthened further, with EBITDA margin expanding to 14.7% and gross margin reaching 67.0%, driven by a higher-margin revenue mix. The company maintained a healthy liquidity position with AU$14.8 million in unrestricted cash and positive operating cash flows. Key developments included the successful rollout of the Crown partnership and progress in integrating the LVDC acquisition, enhancing its US market presence. Overall, the company is moving into a scalable growth phase, backed by disciplined execution and expanding commercial opportunities.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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BetMakers Shows Strong Q3 FY26 Performance with Improved Margins.
BetMakers Technology Group Ltd. (ASX: BET) recorded a robust Q3 FY26, marked by steady revenue growth and a sharp improvement in profitability. Quarterly revenue rose by 12.6% year-on-year to AU$23.4 million, supported by continued demand for its technology offerings and early contributions from new partnerships. Adjusted EBITDA climbed to AU$3.4 million, reflecting the impact of cost restructuring and improved operational efficiency. Profitability strengthened further, with EBITDA margin expanding to 14.7% and gross margin reaching 67.0%, driven by a higher-margin revenue mix. The company maintained a healthy liquidity position with AU$14.8 million in unrestricted cash and positive operating cash flows. Key developments included the successful rollout of the Crown partnership and progress in integrating the LVDC acquisition, enhancing its US market presence. Overall, the company is moving into a scalable growth phase, backed by disciplined execution and expanding commercial opportunities.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au