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