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betr Entertainmen (BBT) investor relations material
betr Entertainmen AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened with a quorum, introduction of directors and officers, and outline of meeting structure and voting procedures.
Chairman welcomed attendees and outlined the agenda, including addresses, voting instructions, and resolutions to be considered.
Voting on all resolutions conducted via poll, with proxy votes disclosed and results to be announced to the ASX.
Shareholders provided with clear instructions for submitting questions and participating in the meeting.
Board and executive committee updates
Alexi Baker and Andrew Menz joined the board, bringing commercial and industry expertise; Tim Hughes resigned.
CEO and Chairman delivered their respective addresses to shareholders.
Michael Sullivan thanked for his leadership as former Executive Chairman.
Financial performance review
Two oversubscribed capital raises completed, enabling acquisition and migration of Top Sport customer database.
Exited U.S. market on favorable terms, focusing exclusively on Australian market.
Achieved normalized EBITDA of AUD 7.2 million for FY 2025, exceeding consensus by over 15%.
Record turnover and sustained growth post-BlueBet merger, with improved net win margins.
Annual Financial Report for the year ended 30 June 2025 was presented, with the auditor available for questions.
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