BETMAKERS TECHNOLOGY GROUP LIMITED (BET)
Share Price Analysis and Chart

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BET - BETMAKERS TECHNOLOGY GROUP LIMITED

FNArena Sector : Gaming
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: -0.54
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.10

29 Nov
2024

-0.005

OPEN

$0.11

-4.76%

HIGH

$0.11

3,587,517

LOW

$0.10

TARGET
$0.16 60.0% upside
OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . JIN . LNW . PBH . PLY . SGR . SKC . TAH . TLC . TLC .
FNARENA'S MARKET CONSENSUS FORECASTS
BET: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 4.0 - 1.0 xxx
DPS (cps) xxx 0.0 N/A xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 24/09 - (franking Ex-Di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-4.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx95.2 M
Book Value Per Share xxxxxxxxxxxxxxx11.6
Net Operating Cash Flow xxxxxxxxxxxxxxx3.2 M
Net Profit Margin xxxxxxxxxxxxxxx-40.62 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-29.50 %
Return on Invested Capital xxxxxxxxxxxxxxx-28.96 %
Return on Assets xxxxxxxxxxxxxxx-22.08 %
Return on Equity xxxxxxxxxxxxxxx-29.50 %
Return on Total Capital xxxxxxxxxxxxxxx-13.33 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx33 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx29 M
Price To Book Value xxxxxxxxxxxxxxx0.74

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx8.2 M
Capex % of Sales xxxxxxxxxxxxxxx8.65 %
Cost of Goods Sold xxxxxxxxxxxxxxx94 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx20 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

28/11/2024

1

Initiation of coverage with a Speculative Buy

$0.16

60.00%

Ord Minnett initiates coverage on Betmakers Technology with a Speculative Buy rating, describing wagering technology providers as a "picks and shovels" play on trends in the Racing and Wagering sector. A target price of 16c is set.

The broker highlights trends such as increasing use of technology in sport, the drive by rights holders to monetise assets more efficiently, and a stronger focus on integrity across the sports and racing industries.

Rising global wagering turnover and the ongoing legalisation of sports betting in the US, with racing as a potential beneficiary, are also noted.

Ord Minnett likes Betmakers Technology's attractive risk/reward proposition, though its uncertain funding position may require resolution.

The broker notes products and services offered by the company are integral to the day-to-day operations of bookmakers and its SaaS-based revenue model helps avoid much of the volatility associated with direct-to-customer (D2C) operators.

FORECAST
Ord Minnett forecasts a full year FY25 EPS of minus -1.00 cents.
Ord Minnett forecasts a full year FY26 EPS of minus -0.30 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

BET STOCK CHART

FNArena News on BET

1
The Short Report – 10 Aug 2023

Aug 10 2023 - Weekly Reports
2
Roll Of The Dice; Recession Proof Gambling

Jul 05 2023 - Australia
3
The Short Report – 06 Apr 2023

Apr 06 2023 - Weekly Reports
4
The Short Report – 30 Mar 2023

Mar 30 2023 - Weekly Reports
5
The Short Report – 23 Mar 2023

Mar 23 2023 - Weekly Reports

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