Betr Entertainment (ASX:BBT) EBIT: A$-45.1 Mil (TTM As of Dec. 2025)


ASX:BBT Betr Entertainment Ltd ASX:BBT
31 GF Score
Price A$0.17
GF Value A$0.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Betr Entertainment EBIT?

Betr Entertainment ASX:BBT -2.94% 31 EBIT is A$-45.1 Mil as of Dec. 2025. GuruFocus rates ASX:BBT with a GF Score™ of 31/100 and a GF Value™ of A$0.13 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Betr Entertainment's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-30.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-45.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Betr Entertainment's annualized ROC % for the quarter that ended in Dec. 2025 was -24.02%. Betr Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -965.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Betr Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -25.54%.

Betr Entertainment  (ASX:BBT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Betr Entertainment's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-55.594 * ( 1 - 0.36% )/( (226.514 + 234.646)/ 2 )
=-55.3938616/230.58
=-24.02 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=282.781 - 20.382 - ( 105.072 - max(0, 72.657 - 108.542+105.072))
=226.514

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=227.387 - 27.13 - ( 40.815 - max(0, 79.484 - 45.095+40.815))
=234.646

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Betr Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-60.184/( ( (6.307 + max(-35.506, 0)) + (6.158 + max(-40.253, 0)) )/ 2 )
=-60.184/( ( 6.307 + 6.158 )/ 2 )
=-60.184/6.2325
=-965.65 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.705 + 0 + 2.122) - (20.382 + 0 + 17.951)
=-35.506

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.497 + 0 + 2.783) - (27.13 + 0 + 17.403)
=-40.253

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Betr Entertainment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-45.078/176.482
=-25.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Betr Entertainment EBIT Related Terms

Betr Entertainment EBIT Historical Data

* Premium members only.

The historical data trend for Betr Entertainment's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Betr Entertainment EBIT Chart

Betr Entertainment Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EBIT
-6.30 -21.10 -48.28 -17.13

Betr Entertainment Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.65 -36.63 -2.15 -14.99 -30.09

ASX:BBT vs FLUT, DKNG, LNWO: EBIT Comparison

For the Gambling subindustry, Betr Entertainment's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Betr Entertainment EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betr Entertainment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Betr Entertainment's EV-to-EBIT falls into.


ASX:BBT
31GF Score
Betr Entertainment Ltd ASX:BBT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Betr Entertainment EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-45.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-45.1 Mil mean?
Betr Entertainment (ASX:BBT) has a EBIT of A$-45.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Betr Entertainment.
Is Betr Entertainment's EBIT too high?
Betr Entertainment's current EBIT is A$-45.1 Mil. Overall, Betr Entertainment has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Betr Entertainment's EBIT compare to FLUT and DKNG?
Betr Entertainment's EBIT of A$-45.1 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Betr Entertainment. Betr Entertainment's current EBIT is A$-45.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Betr Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Betr Entertainment (ASX:BBT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.17 — trading 26.9% above its estimated fair value. The current EBIT is A$-45.1 Mil. Betr Entertainment's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Betr Entertainment (ASX:BBT), the current EBIT is A$-45.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Betr Entertainment (ASX:BBT) Overvalued in 2026?

Based on GuruFocus' analysis, Betr Entertainment stock appears to be overvalued. The current stock price of A$0.17 is trading 26.9% above its estimated GF Value™ of A$0.13. GuruFocus considers Betr Entertainment to be Modestly Overvalued.

Key valuation signals for ASX:BBT:

  • EBIT: A$-45.1 Mil
  • GF Value™: A$0.13 vs. price of A$0.17 (26.9% above fair value)
  • GF Score™: 31/100 with 7 warning signs

No single metric tells the full story. See the ASX:BBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Betr Entertainment Business Description

Other Exchanges 9RT:Germany
Address 8 Spring Street, Level 9, Sydney, NSW, AUS, 2000
Betr Entertainment Ltd is engaged in offering sports and racing betting products and services to online and telephone clients, via its online wagering platform and mobile applications. Its main product line includes sports, horse racing, greyhound racing, harness racing, and on-track bets. The company generates its income from wagering revenue. The group's operating segments are: Australia, which generates the maximum revenue, and Corporate.
31GF Score

Get the complete analysis for ASX:BBT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.17
Price
A$0.13
GF Value