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BetMakers Slashes EBITDA Loss by 69%, Eyes Growth on Apollo Platform Success
9:01am on Friday 31st of January, 2025 AEDT
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Technology
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BetMakers Slashes EBITDA Loss by 69%, Eyes Growth on Apollo Platform Success
9:01am on Friday 31st of January, 2025 AEDT
Key Points
Adjusted EBITDA loss reduced by 69% quarter-on-quarter
Operating cash flow improved 43% quarter-on-quarter to a $1.3 million outflow
Apollo platform migration substantially complete, delivering enhanced customer experience and cloud cost savings
Annualised staff costs cut by $5.1 million following restructuring
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