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Betr Surges 25% in Turnover, Targets Profitability with New Buyback Plan
9:48am on Thursday 29th of January, 2026 AEDT
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Gambling & Betting
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Betr Surges 25% in Turnover, Targets Profitability with New Buyback Plan
9:48am on Thursday 29th of January, 2026 AEDT
Key Points
25% headline turnover growth outpacing market by 4x
H1 FY26 EBITDA loss of $13.2 million driven by favourable racing results and strategic investments
Targeting H2 FY26 EBITDA of $5m–$8m and FY27 EBITDA of $13m–$19m
On-market share buyback announced for up to 10% of issued capital
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BETR ENTERTAINMENT (ASX:BBT)
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