Betmakers Technology Group (BET.AX) Stock Price
Betmakers Technology Group Price
Over the last 13 years Betmakers Technology Group grew revenue by 44.1% annually, reaching 92.60 M AUD. For Betmakers Technology Group, the net margin of -5.6% is up versus -97.3% a few years ago. The consensus 12-month price target for Betmakers Technology Group is 0.22 AUD, about 2.0% above where the stock trades today. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus.
Betmakers Technology Group stock price
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Betmakers Technology Group business model & stock analysis
Frequently asked questions about Betmakers Technology Group
The business model of Betmakers Technology Group Ltd revolves around the provision of innovative technology solutions for the global racing and wagering industry. The company specializes in offering state-of-the-art platforms, data analytics, and risk management tools to enable efficient wagering operations. Betmakers Technology Group Ltd aims to enhance the betting experience for users by delivering real-time information, advanced algorithms, and personalized services. By leveraging its expertise in data-driven solutions, the company strives to maximize revenue generation and optimize operational efficiency across the industry. With its cutting-edge technology, Betmakers Technology Group Ltd is committed to revolutionizing the way racing and wagering are conducted worldwide.
Betmakers Technology Group Ltd is primarily active in the sports technology industry.
The main competitors of Betmakers Technology Group Ltd in the market include Tabcorp Holdings Limited, Sportsbet, and Pointsbet.
Betmakers Technology Group Ltd is a renowned technology provider in the global racing industry. Established in 2015, Betmakers offers innovative and cutting-edge solutions for wagering, broadcasting, and data management to the racing industry. The company was previously known as RMA Global Limited before undergoing a rebranding and refocusing its operations in 2019. With a strong focus on delivering state-of-the-art technology products and services, Betmakers has steadily expanded its global presence and formed strategic partnerships with prominent racing bodies and operators worldwide. Betmakers Technology Group Ltd is committed to revolutionizing the racing industry through its advanced technology solutions and driving growth in the global racing ecosystem.
Betmakers Technology Group Ltd has achieved several significant milestones. The company successfully acquired DynamicOdds, a leading provider of odds comparison platforms in the racing industry. Betmakers also secured agreements with prominent industry players, including Tabcorp Holdings and Sportsbet, strengthening their market presence. Additionally, the company launched BetMakers DNA, an innovative data and analytics platform, offering personalized solutions for clients. Moreover, Betmakers Technology Group Ltd expanded internationally by entering the US and European markets, establishing several partnerships and collaborations. These milestones demonstrate the company's continuous growth, strategic acquisitions, and its commitment to providing cutting-edge technology solutions in the global betting industry.
Betmakers Technology Group Ltd primarily operates in Australia, North America, and Europe. With its headquarters in Australia, the company has expanded its presence globally. Betmakers Technology Group Ltd leverages its advanced technology solutions to provide innovative betting and wagering products and services in these regions. As a leading technology provider in the gambling industry, Betmakers Technology Group Ltd facilitates online and retail betting operations, catering to a diverse customer base. The company's focus on international markets demonstrates its commitment to growth and capitalizing on opportunities in the global gambling industry.
Betmakers Technology Group Ltd represents a strong commitment to innovation, integrity, and excellence in the field of technology solutions for the global racing and wagering industry. The company's corporate philosophy centers around providing cutting-edge technology solutions that empower its clients and partners to optimize their operations, enhance customer experiences, and drive business growth. Betmakers Technology Group Ltd leverages its expertise to deliver state-of-the-art platforms, data analytics, and risk management solutions tailored to meet the unique needs of the racing and wagering industry. With a customer-centric approach, the company continuously strives to exceed industry standards and delivers value-added services to its clients worldwide.
Analysts currently set an average price target of 0.23 AUD for the Betmakers Technology Group stock (median: 0.22 AUD), implying +6.6 % versus the latest price. The consensus is based on 7 analyst ratings.
7 analysts currently rate the Betmakers Technology Group stock: 6 recommend buying, 1 holding and 0 selling.
Converted at the current exchange rate, the Betmakers Technology Group share trades at 0.14 EUR (0.22 AUD).
The Betmakers Technology Group share (BET.AX) is listed on 1 stock exchanges, including: ASX (BET.AX).
The Betmakers Technology Group Ltd is an Australian company that operates in the horse betting technology sector. The company's business model is simple: it offers its customers innovative technology products for horse racing betting. The Betmakers Technology Group Ltd divides its business activities into three main areas: data and information services, betting platforms, and content distribution. The data and information services provide the foundation for all emerging betting platforms. In this area, the company collects a variety of data on horse racing, such as starting lineups, results, statistics, and odds. This information is collected, processed, and stored to be made available for various applications and customers. The betting platforms are the centerpiece of the Betmakers Technology Group Ltd's business model. The company generates its revenue by providing betting services to its customers. For example, registered users can place bets on horse racing through the company's website or use the telephone betting service to place bets directly with a company representative. The platforms operated by the company offer a fast, efficient, and user-friendly way to place bets on horse racing in almost any country worldwide. Newer areas of business that the company is considering include the introduction of technologies such as virtual reality and artificial intelligence to further enhance interaction with its user base. These technologies aim to make it even easier for users to place and win bets. Another important aspect of the business model is content distribution. The company has a range of in-house developed content that it licenses to other betting service operators. This enables these other companies to benefit from the company's data without having to invest their own resources. Products offered by the Betmakers Technology Group Ltd include horse racing bets that can be placed through the company's platforms. The company also offers its own betting marketplace where customers can find and compare other betting service providers. Another product of the company is API services, which allow other companies to access the company's data and information services. These API services can be purchased directly from the company or through a third party. In conclusion, the business model of the Betmakers Technology Group Ltd is very clear and focused. The company has experienced significant growth in recent years and has expanded its reach to more and more international markets. With the introduction of new technologies, the company will continue to be an important player in the global horse betting market.
The revenue of Betmakers Technology Group is 92.60 M AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Betmakers Technology Group is -5.20 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Betmakers Technology Group is currently -49.47. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Betmakers Technology Group stock.
The price-to-sales ratio (P/S) of Betmakers Technology Group is currently 2.78. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Betmakers Technology Group stock.
The Eulerpool Quality Score for Betmakers Technology Group is 5/10.
The ISIN of Betmakers Technology Group is AU0000050585. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Betmakers Technology Group is BET.AX. The ticker symbol is used to trade Betmakers Technology Group shares on the stock exchange.
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All fundamentals and in-depth analysis of Betmakers Technology Group
Our stock analysis for Betmakers Technology Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Betmakers Technology Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.