My understanding of the Sportech acquisition was that Sportechs revenue was around $47m AUD at time of purchase.
And there has also been a couple of other tiny revenue acquisitions (eg Form Cruncher) in the past couple of years - which may have added another $1m or so in revenue.
So I would think that organic growth from the original Betmakers business (which was around $9m in late 2020) and also from the Sportech business (post acquistion) have been really strong.
And the organic growth revenue prospects for BET going forward look really strong - through Global Tote & fixed odds & other.
Now, with Matt Davey heavily involved, they need to increase their gross margins & reduce their fixed overheads.
So with $100m + AUD revenues (which should continue to grow strongly), they become the consistently profitable beast we imagined when we invested in BET.
- Forums
- ASX - By Stock
- BET
- RaaS Interview with Matt Davey
RaaS Interview with Matt Davey, page-15
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BET (ASX) to my watchlist
|
|||||
Last
8.3¢ |
Change
-0.001(1.19%) |
Mkt cap ! $80.10M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 8.0¢ | $38.76K | 476.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 54245 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.081 |
10 | 535083 | 0.080 |
6 | 479291 | 0.079 |
3 | 41450 | 0.078 |
5 | 163676 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 54245 | 4 |
0.084 | 130908 | 9 |
0.085 | 159186 | 4 |
0.086 | 1500 | 1 |
0.087 | 87417 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
BET (ASX) Chart |