)
Betmakers Technology Group (BET) investor relations material
Betmakers Technology Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a turnaround with H1 FY26 adjusted EBITDA of $6.1M, reversing a prior $1.3M loss, driven by technology-led growth, operational efficiencies, and major new agreements with CrownBet and Stake.
Revenue grew to $46.1M (up 13.8% year-over-year), supported by both existing and new customers, new product launches, and scalable technology.
Gross margin expanded to 66.5% (adjusted), reflecting improved technology, product mix, and cost control.
Closed the acquisition of LVDC, establishing a major North American hub and unlocking new U.S. market opportunities.
Net loss after tax narrowed to $3.4M from $17.2M year-over-year, with improved EPS.
Financial highlights
Revenue increased from $40.5M to $46.1M year-over-year for H1, including $0.9M non-recurring catch-up.
Gross profit rose 19% to $29.4M, with gross margin at 66.5% (adjusted).
Operating expenses reduced to $23.4M from $26.0M, reflecting cost optimisation.
Operating cash flow turned positive at $4.2M, compared to an outflow of $3.2M in the prior period.
Net loss after tax (NLAT): $(3.5)M, a significant improvement from $(17.1)M in H1 FY25.
Outlook and guidance
Focus remains on double-digit top-line growth, gross margin expansion toward 70%+, and disciplined cost control for H2.
Key contract deployments (Stake, CrownBet) scheduled for 2H FY26.
Continued investment in technology and AI expected to further lower costs and improve product delivery.
Emphasis on converting Adjusted EBITDA into consistent free cash flow and maintaining a debt-free balance sheet.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage