Betr Entertainment Limited

BBT.ASX

Consumer Discretionary

Online wagering

Market Data

Price

$0.165

-0.1%
Market Cap

$187.4M

P/E Ratio

-100000.0x

EPS

$-0.051

Div. Yield

0.00%

52-Week Change

-0.4%

Latest Earnings

Appendix 4D & Half Year Financial Report

26 February 2026

Revenue
$68.90
+12.4% YoY
NPAT
-$32.20
EPS
$-0.03

betr Entertainment reported revenue growth of 12.4% to $68.9M for the half-year ended 31 December 2025, but significantly widened its loss after tax to $32.2M compared to just $496k in the prior period. The deterioration was driven by heavy marketing spend ($23.4M vs $9.9M) and acquisition costs as the company invested in customer acquisition and brand building, resulting in negative EBITDA of $24.7M versus positive $2.0M previously. Key points: Wagering revenue increased 12.4% to $68.9M demonstrating strong business growth; Successfully extended NAB bank loan facility maturity to July 2027 (from July 2026); Holds strategic 27.6% stake in PointsBet Holdings valued at $87.7M

Recent Announcements

22 Apr 2026 Sph Neutral

Ceasing to be a substantial holder

betr Entertainment Limited (BBT) ceased to be a substantial holder.

26 Feb 2026 Actual Results Negative

Appendix 4D & Half Year Financial Report

betr Entertainment reported revenue growth of 12.4% to $68.9M for the half-year ended 31 December 2025, but significantly widened its loss after tax to $32.2M compared to just $496k in the prior period. The deterioration was driven by heavy marketing spend ($23.4M vs $9.9M) and acquisition costs as the company invested in customer acquisition and brand building, resulting in negative EBITDA of $24.7M versus positive $2.0M previously. Key points: Wagering revenue increased 12.4% to $68.9M demonstrating strong business growth; Successfully extended NAB bank loan facility maturity to July 2027 (from July 2026); Holds strategic 27.6% stake in PointsBet Holdings valued at $87.7M

Get real-time alerts for BBT

Receive AI-powered earnings summaries and instant notifications when Betr Entertainment Limited releases results.

Register Free