Betmakers Technology Group Ltd. (AU:BET) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Betmakers Technology Group Ltd. has reported a significant financial turnaround in FY24, with a 74% reduction in adjusted EBITDA loss and a 26% decrease in operating expenses. The company’s strategic restructuring, coupled with technological advancements in their Next Gen platform, is poised to enhance operational efficiency and user experience in FY25. Betmakers is focusing on high-margin, scalable products and international markets to ensure sustainable long-term growth.
For further insights into AU:BET stock, check out TipRanks’ Stock Analysis page.