BetMakers: Records strongest quarter to date
- BetMakers (BET) records its strongest quarter to date following $8.9 million in cash receipts for the fourth quarter of FY21
- This marks a just over 71 per cent increase on the previous quarter and a 272 per cent increase on this time last year
- The revenue growth is from a significant increase in activity in the Australian market and from BetMaker implementing its international expansion plans
- The company finished the period with more than $120 million in cash and no debt
- CEO Todd Buckingham said the past quarter was a very “pleasing result for the company.”
- The company was down 1.08 per cent to trade at 91.5 cents per share
