BetMakers Technology Group has delivered a record quarter for the company, returning to growth in the quarter ending March 31.
Operating cash flow reached AU$3m, an increase of $4.3m quarter on quarter. Revenue growth also accelerated, growing 3.7 per cent.
Gross margin improved to 63.9 per cent, up from 61.6 per cent quarter on quarter.
“This quarter marks a very important step forward - an inflection point - for the company,” said executive chair of BetMakers, Matt Davey. “The results demonstrate the capacity for BetMakers to deliver strong financial results from a vastly improved operating model. This has been achieved through disciplined cost reduction and the deployment of its upgraded technology platforms to the global wagering market.
“We are very pleased to deliver our record operating cash-flow result as a listed company, and in addition we remain excited about the strong pipeline of opportunities, which is underpinned by the highest validation of our latest platforms and product launches into existing and new international markets. We are committed to delivering continued growth into FY26, where we expect to reap the benefits of the operating leverage now in the business.
“We believe BetMakers has now firmly entrenched itself as critical infrastructure in world racing - for racing bodies, sophisticated wagering operators and new entrants - at all levels of product innovation, regulatory compliance and a world class consumer experience.”
