Australia · Delayed Price · Currency is AUD Betmakers Technology Group Earnings Call Transcripts
Fiscal Year 2026
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Adjusted EBITDA surged over 200% to AUD 14.1 million, with revenue up 8.8% year-over-year and gross margin reaching 66.9%. Continued investment in technology and successful integration of acquisitions position the company for further growth and margin expansion in FY 2027.
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The acquisition accelerates technology modernization, targets AUD 30 million in annual cost synergies by year two, and is expected to deliver double-digit EPS accretion from year three. The deal is supported by both boards, with integration led by experienced teams and completion targeted for Q3 FY27.
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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.