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Betmakers Technology Group ASX:BET Stock Report

Last Price

AU$0.11

Market Cap

AU$106.7m

7D

0%

1Y

32.5%

Updated

04 Jan, 2025

Data

Company Financials +

Betmakers Technology Group Ltd

ASX:BET Stock Report

Market Cap: AU$106.7m

BET Stock Overview

Develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, Europe, and internationally. More details

BET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Betmakers Technology Group Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Betmakers Technology Group
Historical stock prices
Current Share PriceAU$0.11
52 Week HighAU$0.15
52 Week LowAU$0.076
Beta2.33
1 Month Change4.76%
3 Month Change37.50%
1 Year Change32.53%
3 Year Change-85.53%
5 Year Change-29.03%
Change since IPO-42.11%

Recent News & Updates

Even With A 35% Surge, Cautious Investors Are Not Rewarding Betmakers Technology Group Ltd's (ASX:BET) Performance Completely

Nov 24
Even With A 35% Surge, Cautious Investors Are Not Rewarding Betmakers Technology Group Ltd's (ASX:BET) Performance Completely

Market Still Lacking Some Conviction On Betmakers Technology Group Ltd (ASX:BET)

Sep 27
Market Still Lacking Some Conviction On Betmakers Technology Group Ltd (ASX:BET)

Recent updates

Even With A 35% Surge, Cautious Investors Are Not Rewarding Betmakers Technology Group Ltd's (ASX:BET) Performance Completely

Nov 24
Even With A 35% Surge, Cautious Investors Are Not Rewarding Betmakers Technology Group Ltd's (ASX:BET) Performance Completely

Market Still Lacking Some Conviction On Betmakers Technology Group Ltd (ASX:BET)

Sep 27
Market Still Lacking Some Conviction On Betmakers Technology Group Ltd (ASX:BET)

Take Care Before Jumping Onto Betmakers Technology Group Ltd (ASX:BET) Even Though It's 28% Cheaper

Jun 11
Take Care Before Jumping Onto Betmakers Technology Group Ltd (ASX:BET) Even Though It's 28% Cheaper

Will Betmakers Technology Group (ASX:BET) Spend Its Cash Wisely?

May 30
Will Betmakers Technology Group (ASX:BET) Spend Its Cash Wisely?

Further Upside For Betmakers Technology Group Ltd (ASX:BET) Shares Could Introduce Price Risks After 51% Bounce

Apr 25
Further Upside For Betmakers Technology Group Ltd (ASX:BET) Shares Could Introduce Price Risks After 51% Bounce

Investors Holding Back On Betmakers Technology Group Ltd (ASX:BET)

Jan 30
Investors Holding Back On Betmakers Technology Group Ltd (ASX:BET)

Market Cool On Betmakers Technology Group Ltd's (ASX:BET) Earnings Pushing Shares 28% Lower

Jul 03
Market Cool On Betmakers Technology Group Ltd's (ASX:BET) Earnings Pushing Shares 28% Lower

Are Investors Undervaluing Betmakers Technology Group Ltd (ASX:BET) By 35%?

Jan 18
Are Investors Undervaluing Betmakers Technology Group Ltd (ASX:BET) By 35%?

Calculating The Intrinsic Value Of Betmakers Technology Group Ltd (ASX:BET)

Sep 28
Calculating The Intrinsic Value Of Betmakers Technology Group Ltd (ASX:BET)

Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business

Jun 01
Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business

This Is Why We Think Betmakers Technology Group Ltd's (ASX:BET) CEO Might Get A Pay Rise Approved By Shareholders

Apr 19
This Is Why We Think Betmakers Technology Group Ltd's (ASX:BET) CEO Might Get A Pay Rise Approved By Shareholders

Have Insiders Sold Betmakers Technology Group Ltd (ASX:BET) Shares Recently?

Mar 16
Have Insiders Sold Betmakers Technology Group Ltd (ASX:BET) Shares Recently?

Analysts Expect Breakeven For Betmakers Technology Group Ltd (ASX:BET) Before Long

Mar 09
Analysts Expect Breakeven For Betmakers Technology Group Ltd (ASX:BET) Before Long

We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth

Feb 11
We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth

Betmakers Technology Group (ASX:BET) Has Rewarded Shareholders With An Exceptional 427% Total Return On Their Investment

Jan 21
Betmakers Technology Group (ASX:BET) Has Rewarded Shareholders With An Exceptional 427% Total Return On Their Investment

Is Betmakers Technology Group Ltd's (ASX:BET) Shareholder Ownership Skewed Towards Insiders?

Jan 04
Is Betmakers Technology Group Ltd's (ASX:BET) Shareholder Ownership Skewed Towards Insiders?

Does Betmakers Technology Group's (ASX:BET) CEO Salary Compare Well With The Performance Of The Company?

Dec 17
Does Betmakers Technology Group's (ASX:BET) CEO Salary Compare Well With The Performance Of The Company?

Betmakers Technology Group Ltd (ASX:BET) Could Be Less Than A Year Away From Profitability

Nov 30
Betmakers Technology Group Ltd (ASX:BET) Could Be Less Than A Year Away From Profitability

Breakeven On The Horizon For Betmakers Technology Group Ltd (ASX:BET)

Aug 17
Breakeven On The Horizon For Betmakers Technology Group Ltd (ASX:BET)

Shareholder Returns

BETAU HospitalityAU Market
7D0%-0.4%-0.06%
1Y32.5%21.2%9.0%

Return vs Industry: BET exceeded the Australian Hospitality industry which returned 21.2% over the past year.

Return vs Market: BET exceeded the Australian Market which returned 9% over the past year.

Price Volatility

Is BET's price volatile compared to industry and market?
BET volatility
BET Average Weekly Movement12.7%
Hospitality Industry Average Movement6.5%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.6%
10% least volatile stocks in AU Market3.0%

Stable Share Price: BET's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: BET's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2013376Jake Hensonwww.thebetmakers.com

Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, Europe, and internationally. The company operates through Global Betting Services and Global Tote segments. It also provides racing software, data, and analytical tools, including basic race data consisting of pricing, runners, and form; analytical tools to consume and leverage the data; and wagering tools, such as platforms and managed trading services.

Betmakers Technology Group Ltd Fundamentals Summary

How do Betmakers Technology Group's earnings and revenue compare to its market cap?
BET fundamental statistics
Market capAU$106.71m
Earnings (TTM)-AU$38.67m
Revenue (TTM)AU$95.20m

1.1x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BET income statement (TTM)
RevenueAU$95.20m
Cost of RevenueAU$37.80m
Gross ProfitAU$57.40m
Other ExpensesAU$96.07m
Earnings-AU$38.67m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin60.29%
Net Profit Margin-40.62%
Debt/Equity Ratio0%

How did BET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 20:10
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Betmakers Technology Group Ltd is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Benn SkenderCanaccord Genuity
John CampbellJefferies LLC