• Revenue grew 12.6% to $23.4 million
• Adjusted EBITDA rose 186% to $3.4 million
• Adjusted EBITDA margin improved to 14.7%

BetMakers Technology Group Ltd (ASX:BET) provided its Quarterly Activities Report and Appendix 4C for the quarter ended 31 March 2026 ('Q3 FY26'). The company delivered a 12.6% increase in quarterly revenue to $23.4 million and a 186% rise in Adjusted EBITDA to $3.4 million, representing a significant improvement in profitability compared to the prior corresponding period. The Adjusted EBITDA margin expanded to 14.7%, driven by a higher-margin revenue mix and the reset of key international content agreements. The company remained well-capitalised with $14.8 million in unrestricted cash as of the quarter-end. Key highlights included the successful deployment of the Crown partnership, sustained demand for the company's Apollo wagering technology, and the integration of the Las Vegas Dissemination Company (LVDC) acquisition, which provides the company with an established regulatory presence in Nevada. The company's focus for the June quarter is the delivery of its tech roadmap, new client deployments, and the further optimisation of the LVDC assets in the US market.

The company reported $3.4 million in Adjusted EBITDA for the quarter, providing a strong foundation as it enters a catalyst-rich Q4 FY26. The primary focus for the June quarter is the delivery of the company's tech roadmap, new client deployments, and the further optimisation of the LVDC assets in Nevada.

The company enters Q4 FY26 with multiple near-term catalysts, continued Apollo expansion, and the optimisation of LVDC as a strategic US entry point. There is a defined set of growth opportunities and a strong financial base for FY27.