Betr Entertainment Limited · ASX:BBT
Betr Entertainment — Q1 FY27 Earnings Presentation
22 slides from Betr Entertainment's earnings presentation, Oct 28, 2026
Slide 1: Q1 FY27 Quarterly Activities Report & Appendix 4C
For personal use only Q1 FY27 Quarterly Activities Report & Appendix 4C 28 OCTOBER 2026
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER For personal use only Acceptance not a prospectus, product disclosure statement, pathfinder financial performance and condition of its business, investors Statements, neither betr nor any other person (including This presentation has been prepared by betr Entertainment
Slide 3: Strong Momentum Building into Spring
STRONG MOMENTUM BUILDING INTO SPRING For personal use only FAST START PRODUCT-LED MARGIN RECORD SPRING GUIDANCE TO FY27 ENGAGEMENT VARIABILITY MOMENTUM REAFFIRMED Material turnover Revolutionary in-play Customer-friendly results Sustained double-digit FY27 guidance share gains1 with 19.1% SGM and ra
Slide 4: Business Update
For personal use only BUSINESS 3 UPDATE
Slide 5: Fast Start to FY27
FAST START TO FY27 For personal use only MOMENTUM +19% • Strong turnover growth carried in from Overall Turnover Q4, and first-time depositors up 32% Q1 FY27 vs PCP vs PCP +7% QUALITY • Customers betting more often and on higher-contribution bet types Same Game Multi Penetration Q1 FY27 vs PCP OPPOR
Slide 6: Customer-Favourable Q1 Results
CUSTOMER-FAVOURABLE Q1 RESULTS For personal use only CUSTOMER-FRIENDLY MARGIN RECOVERED, RESULTS IN Q1 MOMENTUM MAINTAINED Results impact1 on Gross Win Gross Win Margin -0.5pts Margin vs PCP +2.7pts Sport: Racing: Q1 FY27 World Cup led, SGM on Favs winning ~4% AFL/NRL Finals higher vs expectation Q2
Slide 7: Wildcards Strengthens Our Product Advantage
WILDCARDS STRENGTHENS For personal use only OUR PRODUCT ADVANTAGE EARLY PERFORMANCE INDICATIONS1 Case Study: AFL bets since Wildcard launch 75% of all SGM actives take up Wildcards 37% reduction in promotional costs +$6.5 average increase in SGM odds taken +2 increase in average SGM legs 1. AFL SGM
Slide 8: Reform Ready: Commercial, Competitive, Compliant
REFORM READY For personal use only COMPETITIVE COMMERCIAL COMPLIANT Strong existing Minimal reliance on Reforms not control environment advertising channels expected to facing new restrictions materially impact betr's trading Targeted, experience- Well prepared for led model designed FY27 guidance c
Slide 9: Key Trading Metrics – Q1 FY27
KEY TRADING METRICS – Q1 FY27 For personal use only Q1 FY27 Q1 FY26 Change FY27 TD2 PCP Change Turnover $432.3m $363.0m 19.1% $568.5m $490.3m 15.9% Gross Win Margin % 12.4% 14.3% -1.9pp 13.1% 13.9% -0.8pp Gross Win $53.5m $51.8m 3.2% $74.4m $68.0m 9.4% Net Win Margin % 8.9% 10.5% -1.6pp 9.5% 9.6% -0
Slide 10: Confidence in Full-Year Cash Flow
CONFIDENCE IN FULL-YEAR For personal use only CASH FLOW Q1 FY27 Cash Movement ($m) Subsequent TRADING WAS THE WHOLE trading VARIANCE IN Q1 (2.4) • Customer-friendly results drove the Q1 cash shortfall vs internal (2.6) forecast. Marketing, capex and cost base landed net on plan. (4.2) • More than ha
Slide 11: Summary of Quarterly Cash Flows
SUMMARY OF QUARTERLY $000's Q1 FY27 For personal use only CASH FLOWS Cash flows from operating activities Receipts from customers (Client deposits) 160,564.0 Payments to customers (Client withdrawals) -122,558.6 COMMENTARY Payments to suppliers and employees (inclusive of GST) Interest received -43,
Slide 12: Outlook
For personal use only 11 OUTLOOK
Slide 13: October Trading Supports FY27 Outlook
OCTOBER TRADING For personal use only SUPPORTS FY27 OUTLOOK Q2 FY27 TD1 PCP Change Turnover $136.2m $127.3m 6.9% Gross Win Margin % 15.4% 12.7% +2.7pp Gross Win $21.0m $16.2m 29.4% Net Win Margin % 11.5% 7.1% +4.4pp Net Win $15.7m $9.1m 73.3% +7% >11% -30% SUSTAINED Turnover MARGIN Net Win Margin DI
Slide 14: FY27 Priorities
FY27 PRIORITIES For personal use only BOLD, TURN INNOVATIVE BETTER MIX, TURN DATA INTO ENERGISE OPTIONALITY PRODUCT BETTER MARGIN VALUE THE BASE INTO UPSIDE First-to-Market SGM Product and Experience Leverage data/AI Aggression through Finals Deploy capital and Racing products will to continue to dr
Slide 15: Appendix
For personal use only 14 APPENDIX
Slide 16: Related Party Transactions
RELATED PARTY TRANSACTIONS For personal use only Payments of $0.35m for Salaries and Wages (inclusive of superannuation and applicable taxes withheld) of Executive and Non-Executive Director Fees on normal commercial terms 15
Slide 17: For personal use only
For personal use only 16
Slide 18: Appendix 4C Quarterly Cash Flow Report
Rule 4.7B Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B For personal use only Name of entity Betr Entertainment Limited ABN Quarter ended (“current quarter”) 19 647 124 641 30 September 2026 Consolidated statement of cash flows Current quarter Year to date (3 $A’00
Slide 19: Appendix 4C: Investing and Financing Cash Flows
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (3 $A’000 months) $A’000 2. Cash flows from investing activities For personal use only 2.1 Payments to acquire or for: (a) entities (b) businesses (286.8
Slide 20: Appendix 4C: Net Cash Movement and Reconciliation
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Consolidated statement of cash flows Current quarter Year to date (3 $A’000 months) $A’000 3.9 Other (provide details if material) For personal use only 3.10 Net cash from / (used in) financing - - activities 4. Net inc
Slide 21: Appendix 4C: Financing Facilities
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B 7. Financing facilities Total facility Amount drawn at Note: the term “facility’ includes all forms of financing amount at quarter quarter end arrangements available to the entity. end $A’000 For personal use only Add n
Slide 22: Appendix 4C: Compliance Statement
Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. For personal use only 2 This statement gives a true and fair view of th