BET 1.10% 9.0¢ betmakers technology group ltd

Yep - flat revenue (which was expected). Expenses have dropped...

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  1. 1,630 Posts.
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    Yep - flat revenue (which was expected).

    Expenses have dropped significantly - so the loss before income tax benefit has dropped from $53.4m last year to $17.8m this year

    Clearly they need to roll out all the deals they have done & then sign some new ones - to reach cash flow positive this year (& then reach profitability after that)

    All the work done on the "new platform" will assist this

    IMO, BET is definitely heading in the right direction - but there is still quite a bit of work to be done
 
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