Ann: FY22 Half Year Results Presentation, page-3

So BET made a $2.3m profit - excluding an share based payments (see announcement below).

And there would have been a lot of acquisition costs in this report - with this business (obviously) having a huge amount of growth areas going forward.

It should be a ripping year / years ahead for this business, and hopefully they can turn the huge revenue growth into highly profitable growth.

BET

Revenues from ordinary activities up 472.8% to 43,499

Loss from ordinary activities after tax attributable to the owners of BetMakers Technology Group Ltd up 527.2% to (27,817)

Loss for the half-year attributable to the owners of BetMakers Technology Group Ltd up 527.2% to (27,817)

Dividends There were no dividends paid, recommended or declared during the current financial period.

Comments:

The loss for the group after providing for income tax amounted to $27,817,000 (31 December 2020: $4,435,000).

Excluding depreciation and amortisation, income tax benefit and financing costs, the group's result was a loss of $22,912,000 (31 December 2020: $4,761,000).

This includes $25,224,000 (31 December 2020: $3,083,000) of share-based payments – excluding share based payments expense is a gain of $2,312,000 (31 December 2020: loss of $1,678,000).