Betr Entertainment Limited
BBT.ASXConsumer Discretionary
Online wagering
Market Data
$0.165
-0.1%$187.4M
-100000.0x
$-0.051
0.00%
-0.4%
Latest Earnings
Appendix 4D & Half Year Financial Report
26 February 2026
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
Ceasing to be a substantial holder
betr Entertainment Limited (BBT) ceased to be a substantial holder.
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
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