• Best quarterly operating cash-flow result as a listed company
• Revenue growth accelerated, gross margin improved
• Cost base reduced, Adjusted EBITDA annualising at $5m run-rate

BetMakers Technology Group Ltd (ASX:BET) has delivered its best operating cash-flow result as a listed company, with operating cash-flow of $3.0m for the quarter, up by $4.3m quarter-on-quarter. The company saw strong performance across key metrics, including improved revenue growth (3.7% QoQ) and gross margin improvement (up to 63.9%), as well as a further reduction in the operating cost base in line with previous guidance. Adjusted EBITDA was $1.2m for the quarter, providing a strong platform for the rest of FY25 and for the company to enter FY26. The customer pipeline remains strong, and BetMakers continues to expect an improved growth outlook in FY26 as a result of the transformation strategy and improved operating leverage. The company's international network expansion and technology roadmap, including the upcoming launch of the new GTX platform, are expected to drive further performance improvements. BetMakers has also secured marquee partnerships with Sportradar and the renewal of its contract with UK Tote, demonstrating strong customer engagement.

BetMakers expects strong incremental margins from its key growth initiatives in FY26, driven by the transformation strategy and improved operating leverage.

BetMakers is committed to delivering continued growth into FY26, where it expects to reap the benefits of the operating leverage now in the business. The company believes it has firmly entrenched itself as critical infrastructure in world racing, for racing bodies, sophisticated wagering operators and new entrants, at all levels of product innovation, regulatory compliance and a world class consumer experience.