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BlueBet Reports Revenue Growth Amidst Rising Losses
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BlueBet Reports Revenue Growth Amidst Rising Losses

BlueBet Holdings Ltd. (AU:BBT) has released an update.

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BlueBet Holdings Ltd reported a 19.8% increase in revenues to $59,505,000 for the year ended June 30, 2024, while also experiencing a significant loss after tax, which soared by 149.1% to $(46,918,000), compared to the previous year. The company did not pay or declare any dividends during this period. Key financial metrics like EBITDA also reflected a loss, though the underlying Australian earnings, excluding non-recurring items, offer a focused view of the firm’s domestic performance.

For further insights into AU:BBT stock, check out TipRanks’ Stock Analysis page.

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