Betmakers Technology Group Ltd. · ASX:BET
Betmakers Technology — H1 FY2026 Earnings Presentation
21 slides from Betmakers Technology's earnings presentation, Feb 27, 2026
Slide 1: 1H FY26 Update
BetMakers Technology Group Ltd ABN 21 164 521 395 For personal use only | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1H FY26 UPDATE The Global Market Leader for Racing Technology Solutions FEBRUARY 2026 www.betmakers.com © 2026 BetMakers Technology Group Limited. 1H FY26 | 1
Slide 2: Disclaimer
DISCLAIMER For personal use only ______ 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 27 February 2026. All monetary figures quoted within this document are in Australian dollars
Slide 3: Highlights: 1H FY26 Technology Moat Delivering Financial Results
HIGHLIGHTS 1H FY26 TECHNOLOGY MOAT DELIVERING FINANCIAL RESULTS For personal use only Positive Adjusted EBITDA of $6.0M, a $7.3M turnaround from the 1 $1.3M loss in 1H FY252. 1H FY26 Revenue of $46.1M1, reflecting 13.8% growth vs 1H FY25 Revenue of 2 $40.5M (after excluding legacy customer revenue 3
Slide 4: Mission
MISSION OUR GOAL IS TO BECOME THE CENTRAL, For personal use only 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 sustai
Slide 5: Market leading platform protected by structural and technology moats
betmakers’ market leading platform is a mission critical operating system that is protected by various structural and technology moats. For personal use only HYBRID / VARIABLE A CORE SYSTEM OF RECORD REVENUE MODEL WITH VERTICAL FOCUS Success based revenue model not reliant on A highly resilient tech
Slide 6: Global Footprint
GLOBAL FOOTPRINT OUR NETWORK EXTENDS ALL OVER THE WORLD, POWERING For personal use only MARKET LEADERS IN BOTH TOTE AND FIXED ODDS. WAGERING OPERATORS RACETRACKS TECHNOLOGY & MEDIA PARTNERS RIGHTS HOLDERS & REGULATORS BetMakers continues to broaden its customer reach and new market penetration. OUR
Slide 7: 1H FY26 Financial Update
For personal use only 1H FY26 FINANCIAL UPDATE ______ © 2026 BetMakers Technology Group Limited. 1H FY26 | 7
Slide 8: Strong Revenue Growth of 13.8% vs PCP
FINANCIAL UPDATE STRONG REVENUE GROWTH OF 13.8% vs PCP, For personal use only DRIVEN BY TECHNOLOGY-LED GROWTH IN KEY PRODUCTS 13.8% ➞ Revenue1 growth reflects both increased monetisation of our ➞ Strong growth in digital and data segment off the back of the existing customer base driven by an improv
Slide 9: Digital and Data Driving Accelerated Growth in GBS Division
FINANCIAL UPDATE DIGITAL AND DATA DRIVING ACCELERATED GROWTH IN GBS DIVISION For personal use only 4.8% 20.3% ➞ Steady performance from core tote hosting and managed ➞ Strong revenue growth driven by new customer contracts in services. A near term pipeline of new customers, however Digital and Data,
Slide 10: Gross Margin Continued to Trend Towards Long Term Goal of 70%+
FINANCIAL UPDATE 1H FY26 GROSS MARGIN CONTINUED TO TREND For personal use only TOWARDS OUR LONG TERM GOAL OF 70%+ ➞ Technology upgrades delivered improving gross margin from ➞ Decrease in cloud infrastructure costs driven by stronger existing revenues and better incremental margins from new technolo
Slide 11: Operating Cost Base Optimised
FINANCIAL UPDATE THE OPERATING COST BASE HAS BEEN OPTIMISED TO For personal use only REFLECT THE STRATEGIC PRIORITIES OF THE BUSINESS. ➞ The restructuring program initiated in FY24 has seen material improvements to the cash operating cost base. ➞ Key focus was to leverage technology and centralised
Slide 12: Adjusted EBITDA Expanding from Growth and Operating Leverage
FINANCIAL UPDATE ADJUSTED EBITDA EXPANDING FROM THE COMBINATION OF For personal use only GROWTH AND OPERATING LEVERAGE ➞ The transformation strategy and key growth initiatives is ➞ Adjusted EBITDA1 improved by $7.3m vs PCP delivering consistent improvements in financial performance. ➞ Strong start t
Slide 13: Profit & Loss
FINANCIAL UPDATE PROFIT & LOSS For personal use only 1H FY26 vs 1H FY25 ($m) 1H26 1H25 Var ($) Var (%) ➞ Revenue for 1H FY25 included revenue from a legacy Revenue 46.1 41.4 4.7 11.4% customer of $0.9m. Adjusted revenue (after customer loss) for 1H FY25 was $40.5m. Gross Profit 29.4 24.7 4.7 19.0% ➞
Slide 14: 1H FY26 Growth Opportunities
For personal use only 1H FY26 GROWTH OPPORTUNITIES ______ © 2026 BetMakers Technology Group Limited. 1H FY26 | 14
Slide 15: CrownBet Agreement
PARTNERSHIPS CROWNBET AGREEMENT For personal use only Entered into an exclusive 5-year agreement with CrownBet as the sole technology provider for the launch of wagering brand, CrownBet.com.au ➞ Commercial terms include a hybrid of fixed fees and revenue share, designed to expand recurring revenue a
Slide 16: Stake Agreement
PARTNERSHIPS STAKE AGREEMENT For personal use only Multi-year agreement with Stake to deliver its RaceOdds+ solution to drive the operator’s global horse racing expansion. Stake will gain access to BetMakers’ full pricing and trading 3-year agreement with Stake.com, including a 2-year capability, gl
Slide 17: Unlocking the Las Vegas Digital Wagering Opportunity
PARTNERSHIPS UNLOCKING THE LAS VEGAS DIGITAL WAGERING OPPORTUNITY For personal use only THE OPPORTUNITY BETMAKERS’ STRATEGY The Digital Void Launch GTX Digital Platform Status: Nevada’s racing market is <5% digital. US average is Deploy white-label apps & embedded wallet solutions. Ready for state r
Slide 18: Key Adjacent Verticals
PARTNERSHIPS KEY ADJACENT VERTICALS For personal use only There are significant opportunities for BetMakers to leverage its existing platform and network to generate new revenues from key adjacent industry verticals. SPORTS WAGERING IGAMING OPPORTUNITIES LOTTERY AND KENO STYLE GAMES VIRTUALS ➞ Sport
Slide 19: Outlook
OUTLOOK OUTLOOK For personal use only We are focused on driving sustainable and profitable growth via: 01 Major new agreements - specifically the recent launch of CrownBet as a core technology partner and the implementation of Stake.com’s global racing solution via RaceOdds+. 02 Continued gross marg
Slide 20: 1H FY26 Appendix
For personal use only 1H FY26 APPENDIX ______ © 2026 BetMakers Technology Group Limited. 1H FY26 | 20
Slide 21: Statutory to Adjusted EBITDA Reconciliation
1H FY26 STATUTORY TO ADJUSTED EBITDA RECONCILIATION For personal use only Item Amount ($M) Description Additional Note: Statutory EBITDA for 1H FY26 is after Statutory EBITDA $4.5 Audited result including all recognised items. capitalised costs of $3.3m, compared to the $2.8m disclosed in the Compan
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