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Betmakers Technology Group ASX:BET Stock Report

Last Price

AU$0.11

Market Cap

AU$106.7m

7D

-18.5%

1Y

25.0%

Updated

03 Dec, 2024

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

Betmakers Technology Group Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Betmakers Technology Group
Historical stock prices
Current Share PriceAU$0.11
52 Week HighAU$0.15
52 Week LowAU$0.076
Beta2.35
11 Month Change10.00%
3 Month Change23.60%
1 Year Change25.00%
33 Year Change-87.06%
5 Year Change-18.52%
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
7D-18.5%2.5%0.5%
1Y25.0%23.8%17.4%

Return vs Industry: BET exceeded the Australian Hospitality industry which returned 23.8% over the past year.

Return vs Market: BET exceeded the Australian Market which returned 17.4% over the past year.

Price Volatility

Is BET's price volatile compared to industry and market?
BET volatility
BET Average Weekly Movement12.8%
Hospitality Industry Average Movement6.6%
Market Average Movement8.3%
10% most volatile stocks in AU Market17.0%
10% least volatile stocks in AU Market3.2%

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