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Betmakers Technology Group LtdASX:BET Stock Report

Market Cap AU$201.7m
Share Price
AU$0.18
AU$0.24
25.0% undervalued intrinsic discount
1Y56.5%
7D-5.3%
1D
Portfolio Value
View

Betmakers Technology Group Ltd

ASX:BET Stock Report

Market Cap: AU$201.7m

Betmakers Technology Group (BET) Stock Overview

Engages in the development and provision of 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
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BET Community Fair Values

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See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

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$0.18
52 Week HighAU$0.25
52 Week LowAU$0.095
Beta1.31
1 Month Change-5.26%
3 Month Change5.88%
1 Year Change56.52%
3 Year Change38.46%
5 Year Change-86.57%
Change since IPO-5.26%

Recent News & Updates

Analysis Article Feb 06

Getting In Cheap On Betmakers Technology Group Ltd (ASX:BET) Might Be Difficult

Betmakers Technology Group Ltd's ( ASX:BET ) price-to-sales (or "P/S") ratio of 2.8x may not look like an appealing...

Recent updates

Analysis Article Feb 06

Getting In Cheap On Betmakers Technology Group Ltd (ASX:BET) Might Be Difficult

Betmakers Technology Group Ltd's ( ASX:BET ) price-to-sales (or "P/S") ratio of 2.8x may not look like an appealing...
Analysis Article Nov 06

Betmakers Technology Group Ltd (ASX:BET) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Betmakers Technology Group Ltd ( ASX:BET ) shares have had a horrible month, losing 26% after a relatively good period...
Analysis Article Oct 08

Betmakers Technology Group Ltd (ASX:BET) Shares Could Be 32% Below Their Intrinsic Value Estimate

Key Insights Betmakers Technology Group's estimated fair value is AU$0.32 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Sep 16

After Leaping 27% Betmakers Technology Group Ltd (ASX:BET) Shares Are Not Flying Under The Radar

Betmakers Technology Group Ltd ( ASX:BET ) shares have continued their recent momentum with a 27% gain in the last...
Analysis Article Jul 22

Even With A 26% Surge, Cautious Investors Are Not Rewarding Betmakers Technology Group Ltd's (ASX:BET) Performance Completely

Betmakers Technology Group Ltd ( ASX:BET ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article May 21

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

It's not a stretch to say that Betmakers Technology Group Ltd's ( ASX:BET ) price-to-sales (or "P/S") ratio of 1.3x...
Analysis Article Nov 24

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

Betmakers Technology Group Ltd ( ASX:BET ) shareholders have had their patience rewarded with a 35% share price jump in...
Analysis Article Sep 27

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

When you see that almost half of the companies in the Hospitality industry in Australia have price-to-sales ratios (or...
Analysis Article Jun 11

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

Betmakers Technology Group Ltd ( ASX:BET ) shares have retraced a considerable 28% in the last month, reversing a fair...
Analysis Article May 30

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Apr 25

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

Despite an already strong run, Betmakers Technology Group Ltd ( ASX:BET ) shares have been powering on, with a gain of...
Analysis Article Jan 30

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

Betmakers Technology Group Ltd's ( ASX:BET ) price-to-sales (or "P/S") ratio of 0.9x may look like a pretty appealing...
Analysis Article Jul 03

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

The Betmakers Technology Group Ltd ( ASX:BET ) share price has fared very poorly over the last month, falling by a...
Analysis Article Jan 18

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

Does the January share price for Betmakers Technology Group Ltd ( ASX:BET ) reflect what it's really worth? Today, we...
Analysis Article Sep 28

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

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Betmakers Technology...
Analysis Article Jun 01

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

Just because a business does not make any money, does not mean that the stock will go down. By way of example...
Analysis Article Apr 19

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

Shareholders will be pleased by the robust performance of Betmakers Technology Group Ltd ( ASX:BET ) recently and this...
Analysis Article Mar 16

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

We wouldn't blame Betmakers Technology Group Ltd ( ASX:BET ) shareholders if they were a little worried about the fact...
Analysis Article Mar 09

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

We feel now is a pretty good time to analyse Betmakers Technology Group Ltd's ( ASX:BET ) business as it appears the...
Analysis Article Feb 11

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 21

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

We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can...
Analysis Article Jan 04

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

The big shareholder groups in Betmakers Technology Group Ltd ( ASX:BET ) have power over the company. Institutions will...
Analysis Article Dec 17

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

Todd Buckingham is the CEO of Betmakers Technology Group Ltd ( ASX:BET ), and in this article, we analyze the...
Analysis Article Nov 30

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

Betmakers Technology Group Ltd (ASX:BET) is possibly approaching a major achievement in its business, so we would like...

Shareholder Returns

BETAU HospitalityAU Market
7D-5.3%-1.4%0.08%
1Y56.5%-16.0%3.1%

Return vs Industry: BET exceeded the Australian Hospitality industry which returned -16% over the past year.

Return vs Market: BET exceeded the Australian Market which returned 3.1% over the past year.

Price Volatility

Is BET's price volatile compared to industry and market?
BET volatility
BET Average Weekly Movement10.1%
Hospitality Industry Average Movement7.2%
Market Average Movement10.5%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: BET has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: BET's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013376Jake Hensonbetmakers.com

Betmakers Technology Group Ltd, together with its subsidiaries, engages in the development and provision of software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, Europe, and internationally. It operates through Global Betting Services and Global Tote segments. The company 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$201.65m
Earnings (TTM)-AU$12.70m
Revenue (TTM)AU$89.82m
2.2x
P/S Ratio
-15.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BET income statement (TTM)
RevenueAU$89.82m
Cost of RevenueAU$31.69m
Gross ProfitAU$58.13m
Other ExpensesAU$70.83m
Earnings-AU$12.70m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin64.72%
Net Profit Margin-14.14%
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 Analysis2026/05/23 23:47
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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 Github.

Analyst Sources

Betmakers Technology Group Ltd is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Allan FranklinCanaccord Genuity
John CampbellJefferies LLC
Milo FerrisOrd Minnett Limited