Betmakers Technology Group Ltd. · ASX:BET

Betmakers Technology — FY2025 Earnings Presentation

25 slides from Betmakers Technology's earnings presentation, Aug 28, 2025

Slide 1: FY25 Results Presentation
BetMakers Technology Group Ltd ABN 21 164 521 395 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | FY25 Results Presentation The Global Market Leader for Racing Technology Solutions August 2025 © 2025 BetMakers Technology Group Limited. Conﬁdential & proprietary. INVESTOR PRESENTATI
Slide 2: Disclaimer
DISCLAIMER ______ The material contained in this document is a presentation of general information about the activities of BetMakers Technology Group Limited (the Company or BET) as at 28 August 2025. All monetary ﬁgures quoted within this document are in Australian dollars ($AUD) unless otherwise s
Slide 3: BetMakers successfully executed a technology led transformation in FY25
BetMakers successfully executed a technology led transformation in FY25 1 A return to growth of 5.6% for 1H FY25 vs 2H FY25 Record half yearly result of $5.9m Adjusted EBITDA and 2 $6.4m operating cash-ﬂow1 in 2H FY25 Disciplined execution delivered a lower cost base, now 3 optimised to support futu
Slide 4: BetMakers has the leading platform for racing led wagering globally
BetMakers has the leading platform for racing led wagering globally 1 LEADING PLATFORM 2 CRITICAL CRITICALINFRASTRUCTURE INFRASTRUCTURE 3 EXPANDING NETWORK The leading global platform for software Products that simplify access to global An expanding presence in a large global and data related to rac
Slide 5: BetMakers is moving closer towards its long term goals
BetMakers is moving closer towards its long term goals1. FY19 FY23 FY25 LONG TERM 2H FY25 GOALS5 Revenue $6m $95m $85.1m1 10%+ growth 5.6 % HoH BUILD CONSOLIDATE ACCELERATE GM% 60% 58% 64% 70%+ 68% 25%+ Adjusted EBITDA3 -$6m -$28m $4.6m4 13.5% Margins 1. Long term goals are targets to be achieved ov
Slide 6: FY25 Financial Results
FY25 FINANCIAL RESULTS ______ © 2025 BetMakers Technology Group Limited. Conﬁdential & proprietary. INVESTOR PRESENTATION | 6
Slide 7: Our revenue mix demonstrates that our revenues are recurring, diversified
Our revenue mix1 demonstrates that our revenues are recurring, diversiﬁed and give us exposure to upside generated by our customer base. 42% 58% 97% 74% of FY25 revenue was derived from 97% of FY25 Revenue was derived from Top 10 Customers are only 26% of FY25 A mix of ﬁxed and variable fees allows
Slide 8: Our investment in technology and product drove a return to growth in 2H FY25
Our investment in technology and product drove a return to growth in 2H FY25. 5.6% HoH The second half beneﬁted from our upgraded technology, The Digital Platforms and Data & API variable revenue performance and transformation growth segments are key drivers of future growth. initiatives implemented
Slide 9: During FY25 gross margin continued to trend towards our long term goal of 70%+
During FY25 gross margin continued to trend towards our long term goal of 70%+ Technology upgrades delivered improving gross margin Cloud costs reduced by $5.0m to 32% of from existing revenues and better incremental margins. Total COGS for FY25 (from 39% in FY24). © 2025 BetMakers Technology Group
Slide 10: The operating cost base has been optimised to reflect the strategic priorities
The operating cost base has been optimised to reﬂect the strategic priorities of the business. ➞ Cash operating costs reduced from $71.6m in FY24 to $57.3m in FY25 (a reduction of 19.9%). $55.0 Figures in the graph are calculated as operating expenses plus capitalised staﬀ costs (FY25: $6.7m, FY24:$
Slide 11: BetMakers' transformation strategy continues to deliver improved financial performance
BetMakers’ transformation strategy continues to deliver improved ﬁnancial performance driven by improving growth and operating leverage. Proﬁtability improved throughout year, with 2H beneﬁting from upgraded FY25 was an inﬂection point for the Company with Adjusted EBITDA technology and other transf
Slide 12: Driving Future Growth
DRIVING FUTURE GBS FY25 Revenue Breakdown (%) GROWTH ______ 2H FY25 saw the Apollo products emerge as a key growth driver for BetMakers. 1H FY25 2H FY25 Key Growth Highlights: GBS Platform Revenue $5.5m $6.4m ● Platform revenue grew at 16.5% HoH despite the seasonally weaker period (no spring racing
Slide 13: Company Overview
COMPANY OVERVIEW ______ © 2025 BetMakers Technology Group Limited. Conﬁdential & proprietary. INVESTOR PRESENTATION | 13
Slide 14: Our network extends all over the world, powering market leaders in both Tote and Fixed Odds
Our network extends all over the world, powering market leaders in both Tote and Fixed Odds. 65+ online wagering operators 45+ regulatory licenses BetMakers continues to broaden its customer reach and new market 30+ penetration active countries 230+ racing partners Our clients are the global leaders
Slide 15: Our goal is to become the central, interconnected platform for horse racing betting
Our goal is to become the central, interconnected platform for horse racing betting. MARKET-LEADING COST PER BET BetMakers aims to achieve superior cost eﬃciency by streamlining operations and eliminating intermediaries, creating a more proﬁtable, scalable and sustainable model for our wagering oper
Slide 16: BetMakers has built the Market Leading Platform for betting on racing
BetMakers has built the Market Leading Platform for betting on racing. INTEGRATIONS AND RELATIONSHIPS PROPRIETARY & INNOVATIVE TECHNOLOGY A deep network of established client relationships and Highly resilient tech stack. Years of innovation & racing integrations tailored for racing speciﬁc know-how
Slide 17: BetMakers' unique mix of products supports both Tote and Fixed Odds wagering
BetMakers’ unique mix of products supports both Tote and Fixed Odds wagering on racing globally. FORM AND DATA FOR FIXED ODDS TOTE ENGINE, HOSTING, POOLING AND WAGERING INTERFACING PRODUCTS FOR FIXED ODDS AND __________________ TOTE __________________ Fixed Odds Pricing & Managed Quantum™ Tote Engin
Slide 18: The breadth of our product portfolio provides a clear competitive advantage
The breadth of our product portfolio provides a clear competitive advantage. BetMakers Peer 1 Peer 2 FIXED ODDS: Fixed Odds Pricing ⬤ ⬤ ⬤ Turnkey Wagering Platform ⬤ ⬤ ⬤ Embedded Racebook ⬤ In development ⬤ In-house Managed Trading Services ⬤ In development ⬤ TOTE AND Fully Managed Tote Hosting Solu
Slide 19: BetMakers is now leveraging its enhanced platform to accelerate innovation through AI
BetMakers is now leveraging its enhanced platform to accelerate innovation through the use of artiﬁcial intelligence and machine learning tools. AI & MACHINE LEARNING TOOLS EVOLVE AI driven workﬂows in use Continuous Learning 4 Harness Expertise ● Probability and pricing predictions ● Predictive ris
Slide 20: There is significant opportunity to upgrade our global racing and sportsbook clients
There is signiﬁcant opportunity to upgrade our global racing and sportsbook clients along the BetMakers value chain. MARKETING STREAMING SERVICES POINT & BETTING OF SALE ENGAGEMENT ACCESS TO BETTING GLOBAL TOTE SOFTWARE MANAGED PLATFORM POOLS TRADING SOLUTIONS Emerging products for BetMakers SERVICE
Slide 21: FY26 Outlook
FY26 OUTLOOK ______ We continue to deliver on our transformation strategy with a focus on achieving sustainable, proﬁtable growth. In FY26 we expect: 1 The growth trajectory to continue, with 2 Continued improvement in gross consistent growth vs prior corresponding margin with an optimised cost base
Slide 22: Appendix
Appendix ______ © 2025 BetMakers Technology Group Limited. Conﬁdential & proprietary. INVESTOR PRESENTATION | 22
Slide 23: Profit & Loss
Variance (Favourable/Unfavourable) FOR THE 12 MONTHS ENDED 30 JUNE 2025 ($M) FY25 FY24 $/% % Revenue 85.1 95.2 -10.1 -10.6% COGS -30.6 -37.8 7.2 19.1% GROSS PROFIT 54.5 57.4 -2.9 -5.0% GROSS MARGIN % 64% 60% Operating expenses 1 -50.6 -65.3 14.7 22.5% Other revenue 0.2 0.0 0.2 nm PROFIT & LOSS Net f
Slide 24: BetMakers has signed binding terms to acquire LVDC
BetMakers has signed binding terms1 to acquire LVDC. Who is LVDC? Strategic Platform The only approved pari-mutuel service provider for Nevada's gaming Footprint Synergies industry, servicing sportsbooks, racebooks, bars, taverns, and online platforms. LVDC LVDC provides pooling (through its hub) in
Slide 25: BetMakers intends to leverage its technology and network to monetise LVDC's customer relationships
BetMakers intends to leverage its technology and network to monetise LVDC's customer relationships and Las Vegas footprint. Dominant Market Position Content Expansion Product and Platform Return Proﬁle Establishes a foothold in the Enables a broader racing Synergies Expected to be cashﬂow heart of g

Betmakers Technology Group — FY2025 Earnings Presentation on 6ix

Betmakers Technology — FY2025 Earnings Presentation

Slide 1: FY25 Results Presentation

Slide 2: Disclaimer

Slide 3: BetMakers successfully executed a technology led transformation in FY25

Slide 4: BetMakers has the leading platform for racing led wagering globally

Slide 5: BetMakers is moving closer towards its long term goals

Slide 6: FY25 Financial Results

Slide 7: Our revenue mix demonstrates that our revenues are recurring, diversified

Slide 8: Our investment in technology and product drove a return to growth in 2H FY25

Slide 9: During FY25 gross margin continued to trend towards our long term goal of 70%+

Slide 10: The operating cost base has been optimised to reflect the strategic priorities

Slide 11: BetMakers' transformation strategy continues to deliver improved financial performance

Slide 12: Driving Future Growth

Slide 13: Company Overview

Slide 14: Our network extends all over the world, powering market leaders in both Tote and Fixed Odds

Slide 15: Our goal is to become the central, interconnected platform for horse racing betting

Slide 16: BetMakers has built the Market Leading Platform for betting on racing

Slide 17: BetMakers' unique mix of products supports both Tote and Fixed Odds wagering

Slide 18: The breadth of our product portfolio provides a clear competitive advantage

Slide 19: BetMakers is now leveraging its enhanced platform to accelerate innovation through AI

Slide 20: There is significant opportunity to upgrade our global racing and sportsbook clients

Slide 21: FY26 Outlook

Slide 22: Appendix

Slide 23: Profit & Loss

Slide 24: BetMakers has signed binding terms to acquire LVDC

Slide 25: BetMakers intends to leverage its technology and network to monetise LVDC's customer relationships