Australia · Delayed Price · Currency is AUD Betmakers Technology Group Earnings Call Transcripts
Fiscal Year 2026
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H1 FY26 saw a turnaround to AUD 6M EBITDA and double-digit revenue growth, driven by new tech, major deals with CrownBet and Stake, and the LVDC acquisition. Gross margin rose to 66.5%, with a clear path to 70% by FY27 and continued cost discipline.
Fiscal Year 2025
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Operational turnaround delivered positive EBITDA, strong cash flow, and margin expansion. Revenue growth driven by technology upgrades, international diversification, and new product launches, with a robust outlook for further margin and EBITDA improvements.
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Cost base restructuring and tech upgrades drove a sharp reduction in losses and improved margins. Revenue growth is expected to accelerate in FY26, supported by new products, major partnerships, and global expansion, with profitability targeted for 2H FY25.
Fiscal Year 2024
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Revenue was flat at AUD 95.2 million, with a 74% improvement in adjusted EBITDA loss and a 26% reduction in operating expenses. The business is now focused on high-margin, recurring revenue, international growth, and expects further cost reductions and margin improvements in FY 2025.