Betmakers Technology Group Ltd. · ASX:BET
Betmakers Technology — Investor Presentation (June 2025)
41 slides from Betmakers Technology's investor presentation, Jun 5, 2025
Slide 1: Equity Raising: Accelerating our transformation and supporting future growth
BetMakers Technology Group Ltd ABN 21 164 521 395 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | EQUITY RAISING Accelerating our transformation and supporting future growth June 2025 © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 1
Slide 2: Disclaimer
DISCLAIMER ______ Summary Information This presentation (“Investor Presentation”) has been prepared by BetMakers and is dated 5 June 2025. This Investor Presentation contains information about the Company and has been prepared in relation to: ● an institutional placement of new fully paid ordinary s
Slide 3: Disclaimer
DISCLAIMER ______ Not an Offer This Investor Presentation is not a prospectus, disclosure document or offering document under Australian law (and will not be lodged with ASIC) or any other law. It is for information purposes only and is not an invitation or offer of securities for subscription, purchas
Slide 4: 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 5: Equity raising to accelerate BetMakers' transformation and support growth
Equity raising to accelerate BetMakers’ transformation and support growth. Transformation BetMakers’ disciplined execution of its strategy has transformed the Company’s cost base and positioned the Company for improved operating Strategy leverage. BetMakers is implementing a streamlined growth strat
Slide 6: BetMakers has established a scalable, global platform that powers betting on racing
BetMakers has established a scalable, global platform that powers betting on racing. 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 related to racing le
Slide 7: 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. 60+ online wagering operators 45+ regulatory licenses Recent contract wins in all major global markets with opportunities for 30+ future growth active countries 230+ racing partners Our clients are the globa
Slide 8: BetMakers has signed binding terms to acquire LVDC
BetMakers has signed binding terms1 to acquire LVDC. Strategic Footprint Who is LVDC? The only approved pari-mutuel service provider for Nevada's gaming industry, servicing sportsbooks, racebooks, bars, taverns, and online platforms. LVDC provides pooling (through its hub) into hosted racing pools f
Slide 9: BetMakers will leverage its technology and network to monetise LVDC's customer relationships
BetMakers will 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 global
Slide 10: Company Overview
COMPANY OVERVIEW ______ Operational Discipline © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 10
Slide 11: BetMakers is uniquely positioned to service the racing sector
BetMakers is uniquely positioned to service the racing sector. 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 REGULAT
Slide 12: BetMakers' products power critical wagering infrastructure for the world's leading wagering operators
BetMakers’ products power critical wagering infrastructure for the world’s leading wagering operators. BETMAKERS’ PRODUCT SUITE CRITICAL WAGERING INFRASTRUCTURE API / SERVICE LAYER MOBILE WEBSITE TERMINALS GLOBAL WAGERING OTBs CASINOS ADWs SPORTS RACE B2B PLATFORM BOOK TRACKS OPERATORS PROVIDERS © 2
Slide 13: 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 14: Our strategic partnerships with Sportsbook and iGaming platform providers
Our strategic partnerships with Sportsbook and iGaming platform providers are expected to further accelerate the distribution of our turnkey products internationally. BETMAKERS’ TURNKEY RACING PRODUCTS Leading B2B Providers Globally Expanding Potential GLOBAL OPERATORS IN SPORTS BETTING AND iGAMING
Slide 15: Significant opportunity to upgrade our global racing and sportsbook clients along the value chain
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 16: Financial Update
FINANCIAL UPDATE ______ Focus on growth © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 16
Slide 17: BetMakers has demonstrated that it can execute on key financial promises
BetMakers has demonstrated that it can execute on key financial promises1. 1 Delivering on growth initiatives - Q3 FY25 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 cost
Slide 18: Growth Momentum
GROWTH 3.7% QoQ MOMENTUM _____ Recent revenue trajectory shows that growth is accelerating. ➞ The business grew revenue by 3.7% QoQ ➞ Revenue pipeline remains strong ➞ Growth expected in FY26 © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 18
Slide 19: 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 ➞ Additional incremental gross margin expec
Slide 20: 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 for Q3 FY25 was below $55m target (excluding one-off severance costs) No
Slide 21: Transformation strategy continues to deliver improved profitability
BetMakers’ transformation strategy continues to deliver improved profitability. The month of April 2025 delivered Adjusted EBITDA of $0.9m1, ahead of Strong operating cash-flow in Q3 FY25 due to a combination the annualised monthly run-rate during Q3 FY25. of improving financial performance as well as
Slide 22: BetMakers is moving closer towards its long term goals
BetMakers is 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 operating cash-flow, $1.2
Slide 23: Equity Raising: Balance Sheet Strength
EQUITY RAISING ______ Balance Sheet Strength © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 23
Slide 24: Equity Raising Summary
Equity Raising Summary Deal Structure Placement to raise approximately A$12.5 million via the issue of 125 million new fully paid ordinary shares (“New Shares”) at A$0.10 per New Share (“Placement Price”).1 Placement Price Placement Price will be A$0.10 per New Share, representing a 4.8% discount to
Slide 25: The Offer will enhance the Company's ability to capitalise on future growth initiatives
The Offer will further enhance the Company’s ability to capitalise on future growth initiatives, strengthen the balance sheet and fund a potential strategic acquisition. Offer Proceeds $ million (AUD) Uses of the Offer Proceeds $ million (AUD) Placement 11.5 Repayment of debt (prior to 30 June 2025)
Slide 26: Equity Raising Timetable
Equity Raising Timetable Trading Halt Wednesday, 4 June 2025 Institutional Placement Bookbuild closes Wednesday, 4 June 2025 Record Date for SPP Wednesday, 4 June 2025 Trading Halt Lifted Thursday, 5 June 2025 Settlement of New Shares under Institutional Placement Wednesday, 11 June 2025 Allotment o
Slide 27: Additional Information
ADDITIONAL INFORMATION ______ © 2025 BetMakers Technology Group Limited. Confidential & proprietary. INVESTOR PRESENTATION | 27
Slide 28: Agreement Summary
AGREEMENT SUMMARY Parties BetMakers Technology Group, Ltd. (or subsidiary) and Las Vegas Dissemination Company (LVDC) Acquisition Price USD $800,000 (cash) Exclusivity Period LVDC cannot negotiate with other parties during the agreement period. Initially 45 days and then extended by 60 days on payme
Slide 29: Key Risks
KEY RISKS ______ Presented below are the key existing and emerging risks that could materially impact the operating performance, financial results and financial positions of the BetMakers Group. Additional risks and uncertainties that the BetMakers Group is currently unaware of, or that it currently c
Slide 30: Key Risks
KEY RISKS ______ Regulation of the global wagering and gaming sector The wagering and gaming industry is subject to a complex array of regulations that vary significantly across jurisdictions. This creates challenges for companies operating internationally. Changes in regulations can occur rapidly, i
Slide 31: Key Risks
KEY RISKS ______ BetMakers is exposed to potential breaches of data and cyber security BetMakers provides its services through cloud based and other online platforms. Hacking or exploitation of any vulnerability on those platforms could lead to loss, theft or corruption of data. This could render Be
Slide 32: Key Risks
KEY RISKS ______ BetMakers may fail to retain existing clients and the level of services used by existing clients BetMakers is dependent on its ability to retain existing clients in order to generate future revenue. There is a risk that it will not be able to retain existing clients when contract te
Slide 33: Key Risks
KEY RISKS ______ Data Feeds and Supply Chain A significant component of BetMakers' service offering relies on the ability to deliver continuous and accurate provision of real-time data. The failure or suspension of these critical data feeds, even for a short period, could have substantial adverse effec
Slide 34: Key Risks
KEY RISKS ______ BetMakers operates in a competitive industry BetMakers competes with a number of specialist software and data vendors to participants in the wagering industry. BetMakers' ability to compete against competitors and its operating performance generally is influenced by a number of facto
Slide 35: Key Risks
KEY RISKS ______ Economic conditions General economic conditions may negatively affect BetMakers' performance and the performance of BetMakers shares. Economic conditions and impact are not a unique risk to BetMakers alone and will have an impact on other corporates in Australia and in the global are
Slide 36: Key Risks
KEY RISKS ______ BetMakers' key management personnel BetMakers may not be able to attract and retain key personnel. BetMakers' success, including its ability to execute its product and growth strategy, depends, to a large extent, upon the continued service of key management, technical and personnel.
Slide 37: Key Risks
KEY RISKS ______ Impairments Under AAS, goodwill and other intangible assets that have an indefinite useful life are not subject to amortisation and are tested annually for impairment or more frequently if events or changes in circumstances indicate that the carrying amount of an individual assets ma
Slide 38: Key Risks
KEY RISKS ______ Intellectual property BetMakers relies on its ability to protect its intellectual property. BetMakers relies on a combination of copyright and trademark laws, non-disclosure agreements with clients and technology providers, and technical measures to protect its intellectual property
Slide 39: Key Risks
KEY RISKS ______ Investment in equity capital markets – potential risk There are general risks associated with investments in equity capital. The trading price of shares in BetMakers may fluctuate with movements in equity capital markets in Australia and internationally. This may result in the market
Slide 40: Foreign Selling Restrictions
FOREIGN SELLING RESTRICTIONS ______ New Zealand This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (the “FMC Act”). The New Shares are not being offered or sold in New Zealand (or allotted with a view to be
Slide 41: Foreign Selling Restrictions
FOREIGN SELLING RESTRICTIONS ______ United Kingdom Neither this document nor any other document relating to the offer has been delivered for approval to the Financial Conduct Authority in the United Kingdom and no prospectus (within the meaning of section 85 of the Financial Services and Markets Act
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