Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Earnings call transcript: BetMakers posts FY26 profit gains despite revenue miss

Earnings call transcript: BetMakers posts FY26 profit gains despite revenue miss

BetMakers Technology Limited reported stronger full-year profit in FY26, with adjusted EBITDA reaching AUD 14.1 million and revenue up 8.8% to AUD 92.6 million. The company's revenue miss was 49.03% from the forecast of $47.4 million. Despite the revenue shortfall, BetMakers highlighted strong margin gains, improved cash flow, and record adjusted EBITDA, positioning the company as a turnaround success.

The stock remained flat at $0.21, near the upper range of its 52-week trading band. BetMakers plans to continue growth in digital wagering, AI tools, and international markets.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at investing.com →

More in Finance & Markets

Seoul stocks open lower amid resumed military attacks in Mideast

Korean stocks opened lower Tuesday, dragged down by losses on Wall Street due to a resumption of military clashes between the United States and Iran. After opening 0.52 percent down, the benchmark Korea Composite Stock Price Index (KOSPI) extended losses, trading 84.81 points, or 1.24 percent, lower at 6,735.21 as of 9:15 a.m.

More from Tuesday 1 September →