Quarterly Presentation

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Stock Betmakers Technology Group Ltd (BET.ASX)
Release Time 22 Jul 2025, 8:22 a.m.
Price Sensitive Yes
 BetMakers Q4 FY25 Results Highlight Accelerating Growth
Key Points
  • Revenue grew 8.9% QoQ to $22.6m, with strong performance from variable revenue streams
  • Gross margin improved to 71.5%, driven by recent technology upgrades
  • Adjusted EBITDA of $3.2m was a record quarterly result, up 164% QoQ
Full Summary

BetMakers Technology Group Ltd (ASX: BET) reported its Q4 FY25 results, showcasing accelerating growth and improved profitability. Revenue for the quarter was $22.6m, up 8.9% quarter-on-quarter, supported by strong performance from variable revenue streams. Gross margin improved to 71.5%, up from 63.9% in the previous quarter, driven by recent technology upgrades that have lowered delivery costs. Adjusted EBITDA reached a record $3.2m, up 164% quarter-on-quarter. The company also delivered $3.4m in operating cash flow, marking the second consecutive quarter of positive free cash flow. BetMakers' transformation strategy continues to deliver, with consistent quarter-on-quarter improvements in profitability. In the past 24 months, the company has seen a circa $40m improvement in the Adjusted EBITDA annualized run-rate. The company's enhanced technology platform has positioned it well to capitalize on market opportunities in FY26.

Guidance

Based on current market trends and internal projections, BetMakers continues to expect an improved growth outlook in FY26.