middle.news

BetMakers Posts Record Q4 EBITDA, Eyes US Growth with LVDC Deal

8:32am on Tuesday 22nd of July, 2025 AEST Technology
Read Story

BetMakers Posts Record Q4 EBITDA, Eyes US Growth with LVDC Deal

8:32am on Tuesday 22nd of July, 2025 AEST
Key Points
  • Q4 FY25 revenue rose 8.9% quarter-on-quarter to $22.6 million
  • Adjusted EBITDA surged 164% QoQ to a record $3.2 million
  • Gross margin improved significantly to 71.5%, driven by technology upgrades
  • Binding terms signed to acquire Nevada-based pari-mutuel provider LVDC
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about BET
OPEN ARTICLE