Betr Entertainment Posts Q3 Turnover of AU$376 Million

MT Newswires Live
Yesterday

Betr Entertainment (ASX:BBT) posted third quarter turnover of AU$376 million, a 170% increase on the prior year, while active customers grew 6% to 152,989 for the quarter ended March 31, according to a Tuesday Australian bourse filing.

The Australian online wagering provider and bookmaker saw a 148% net win increase to AU$37.8 million and a net win margin of 10.1% for the period, the filing added.

At March 31, Betr Entertainment's cash balance was AU$31.2 million, and net cash generated from operating activities for the business was AU$3.3 million

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10