Canaccord Genuity has a $1.10 price target still.
Betmakers reported a record half for revenue and EBITDA, slightly ahead of ourexpectations. The quarterly trajectory demonstrated the progress the companycontinues to make in signing new platform development/managed trading deals withdomestic bookmakers, as well as bedding down the Sportech acquisition with newand renewed deals. Betmakers is currently investing in the modernisation of its USterminal infrastructure to position for a broader services offering if/when fixed oddsrace wagering opens up across the US more broadly.A number of recently signed deals should see further revenue momentum in thesecond half; however, the bigger focus is on the commencement of fixed odds racewagering in New Jersey, which looks likely to coincide with the start of racing seasonin early May. BUY retained.
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- Ann: FY22 Half Year Results Presentation
Ann: FY22 Half Year Results Presentation, page-28
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Last
8.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.03M |
Open | High | Low | Value | Volume |
8.5¢ | 8.7¢ | 8.5¢ | $54.49K | 637.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 845 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 48487 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 845 | 0.085 |
1 | 59760 | 0.083 |
1 | 260000 | 0.082 |
1 | 210000 | 0.081 |
3 | 34000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 48487 | 3 |
0.087 | 191117 | 3 |
0.088 | 442847 | 4 |
0.090 | 176585 | 5 |
0.091 | 193080 | 3 |
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