Betmakers Technology Group Ltd. · ASX:BET
Betmakers Technology — Corporate Update (April 2025)
18 slides from Betmakers Technology's corporate update, Apr 14, 2025
Slide 1: Quarterly Update
BetMakers Technology Group Ltd ABN 21 164 521 395 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | QUARTERLY UPDATE The Global Market Leader for Racing Technology Solutions APRIL 2025 www.betmakers.com © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTO
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 the date of this update. All monetary figures quoted within this document are in Australian dollars ($AUD) unless ot
Slide 3: BetMakers is entering its growth phase, powered by upgraded technology and an expanding global presence
BetMakers is entering its growth phase, powered by upgraded technology and an expanding global presence. 1 LEADING PLATFORM 2 CRITICAL INFRASTRUCTURE 3 EXPANDING NETWORK The leading global platform for software and Products that simplify access to global An expanding presence in a large global data
Slide 4: BetMakers is now generating profit and moving closer towards its long term goals
BetMakers is now generating profit and moving closer towards its long term goals1. 3Q FY25 LONG TERM FY19 FY23 (Annualised) Q3 FY25 GOALS Revenue $6m $95m $83m2 10%+ 3.7% QoQ BUILD CONSOLIDATE ACCELERATE GM% 60% 58% 64% 70%+ 64% 25%+ Adjusted EBITDA3 -$6m -$28m $5m4 Margins 6% Q3 FY25 delivered $3.0m
Slide 5: Company Update: Expanding our network reach
QUARTERLY UPDATE COMPANY UPDATE ______ Expanding our network reach © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR BRIEFING | 5
Slide 6: BetMakers is the global market leader for B2B technology solutions for racing
BetMakers is the global market leader for B2B technology solutions for racing. 60+ online wagering operators 45+ regulatory licenses Recent contract wins in all major global markets with many opportunities 30+ for future growth active countries 230+ racing partners Our clients are the global leaders
Slide 7: BetMakers' products simplify access to racing content while powering critical wagering infrastructure
BetMakers’ products simplify access to racing content while powering critical wagering infrastructure for the world’s leading wagering operators. GLOBAL RACING BODIES, RACE TRACKS AND RIGHTS HOLDERS LIVE RACING CONTENT BETMAKERS’ PRODUCT SUITE CRITICAL WAGERING INFRASTRUCTURE API / SERVICE LAYER MOB
Slide 8: 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 9: Our technology roadmap continues to support our growth and operating transformation
Our technology roadmap continues to support our growth and operating transformation. GTX will be a material upgrade of our digital tote platform. TECHNOLOGY APPROACH ➞ Continual enhancement of our market leading product suite FEATURES FEATURES ____________________________________________ ➞ Multi-ten
Slide 10: We are delivering on our key growth strategies
We are delivering on our key growth strategies, that are designed to expand our network reach and increase turnover for our products. GROWTH INITIATIVE PRODUCTS DELIVERED FY25 ➞ Expand our international partnership Sportradar, Sportingtech, GiG, Intelligent channel Gaming, Delasport agreements _____
Slide 11: Our strategic partnerships with Sportsbook and iGaming platform providers
Our strategic partnerships with Sportsbook and iGaming platform providers are expected to accelerate the distribution of our turnkey products internationally. BETMAKERS’ TURNKEY RACING PRODUCTS The agreement with Sportradar is an important partnership for BetMakers that brings our turnkey racing pro
Slide 12: 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 13: Financial Update
QUARTERLY UPDATE FINANCIAL UPDATE ______ Delivering Note: All figures are unaudited unless otherwise specified. © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR BRIEFING | 13
Slide 14: BetMakers has demonstrated that it can execute on key financial promises
BetMakers has demonstrated that it can execute on key financial promises. 1 Delivering on growth initiatives - revenue was up 3.7% QoQ 2 Improved gross margin from 57.8% in Q1 FY25 to 63.9% in Q3 FY25 Reduced annualised cost base from $65.3m for FY24 to $53.9m 3 (excluding restructuring costs) for Q3
Slide 15: Growth Accelerating
GROWTH 3.7% QoQ ACCELERATING _____ Recent revenue trajectory shows that growth is accelerating. ➞ The business grew revenue by 3.7% QoQ ➞ Revenue outlook remains strong with further growth expected in FY26 ➞ Various additional customers expected to go live through the remainder of CY25 © 2025 BetMak
Slide 16: Gross Margin Momentum
GROSS MARGIN MOMENTUM _____ BetMakers continues to deliver uplifts in gross margin, moving towards its long term goal of at least 70%. ➞ Gross Margin continues to improve, supported by lower cloud costs serving existing GBS customers with Apollo technology, as well as improved variable revenue from
Slide 17: Cost Base Reduction
COST BASE REDUCTION $55m Target _____ Cost base reduction in line with previous guidance. ➞ Material reduction of the operating cost base has continued ➞ Q3 FY25 was impacted by restructuring costs ($0.65m) ➞ Operating cost base now below the $55m target (excluding one-off severance costs) Note: Oper
Slide 18: Transformation strategy continues to deliver improved profitability
BetMakers’ transformation strategy continues to deliver improved profitability. Adjusted EBITDA continues to improve as a result of Strong operating cash-flow in Q3 FY25 due to a combination recent revenue growth, improvements in gross of improving financial performance as well as focus on margin and l
Betmakers Technology Group — Corporate Update (April 2025) on 6ix