BetMakers Technology Group (ASX:BET) EBIT: A$-9.39 Mil (TTM As of Dec. 2025)

What is BetMakers Technology Group EBIT?

BetMakers Technology Group ASX:BET 57 EBIT is A$-9.39 Mil as of Dec. 2025. GuruFocus rates ASX:BET with a GF Score™ of 57/100 and a GF Value™ of A$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review.

BetMakers Technology Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-2.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BetMakers Technology Group's annualized ROC % for the quarter that ended in Dec. 2025 was -4.88%. BetMakers Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -33.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BetMakers Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.43%.

BetMakers Technology Group (ASX:BET) EBIT Explanation

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

BetMakers Technology Group'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 )
=	-4.426 * ( 1 - 0% )	/	( (91.571	+	89.893)	/ 2 )
=	-4.426	/	90.732
=	-4.88 %

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	))
=	134.158	-	31.493	-	( 30.313	-	max(0, 38.344	-	49.438	+	30.313	))
=	91.571

	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	))
=	133.174	-	30.875	-	( 30.158	-	max(0, 36.665	-	49.071	+	30.158	))
=	89.893

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:

BetMakers Technology Group'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 )
=	-5.944	/	( ( (17.176 + max(-20.229, 0))	+	(17.947 + max(-15.525, 0)) )	/	2 )
=	-5.944	/	( ( 17.176	+	17.947 )	/	2 )
=	-5.944	/	17.5615
=	-33.85 %

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)
=	(11.082	+	2.849	+	2.953)	-	(31.493	+	1.803	+	3.817)
=	-20.229

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(16.05	+	1.633	+	2.773)	-	(30.875	+	0.477	+	4.629)
=	-15.525

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:

BetMakers Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	-9.393	/	146.087
	=	-6.43 %

* 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.

BetMakers Technology Group EBIT Related Terms

BetMakers Technology Group EBIT Historical Data

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The historical data trend for BetMakers Technology Group's EBIT can be seen below:

BetMakers Technology Group EBIT Chart

BetMakers Technology Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

EBIT

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-20.90

-95.97

-53.15

-17.64

-14.71

BetMakers Technology Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															-12.86	-4.78	-8.29	-6.42	-2.97

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

For the Gambling subindustry, BetMakers Technology Group'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.

BetMakers Technology Group EV-to-EBIT vs Travel & Leisure Industry

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

* The bar in red indicates where BetMakers Technology Group's EV-to-EBIT falls into.

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57GF Score

BetMakers Technology Group Ltd ASX:BET

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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BetMakers Technology Group 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$-9.39 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of A$-9.39 Mil mean?

BetMakers Technology Group (ASX:BET) has a EBIT of A$-9.39 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BetMakers Technology Group.

Is BetMakers Technology Group's EBIT too high?

BetMakers Technology Group's current EBIT is A$-9.39 Mil. Overall, BetMakers Technology Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does BetMakers Technology Group's EBIT compare to FLUT and DKNG?

BetMakers Technology Group's EBIT of A$-9.39 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 BetMakers Technology Group. BetMakers Technology Group's current EBIT is A$-9.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is BetMakers Technology Group stock overvalued right now?

Based on GuruFocus' analysis, BetMakers Technology Group (ASX:BET) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.16 — trading 55% above its estimated fair value. The current EBIT is A$-9.39 Mil. BetMakers Technology Group's overall GF Score™ is 57/100 with 5 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 BetMakers Technology Group (ASX:BET), the current EBIT is A$-9.39 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 BetMakers Technology Group (ASX:BET) Overvalued in 2026?

Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued. The current stock price of A$0.16 is trading 55% above its estimated GF Value™ of A$0.10. GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.

Key valuation signals for ASX:BET:

EBIT: A$-9.39 Mil
GF Value™: A$0.10 vs. price of A$0.16 (55% above fair value)
GF Score™: 57/100 with 5 warning signs

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

BetMakers Technology Group Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies ASX:BBT ASX:PBH ASX:AGI ASX:JIN ASX:ALL FLUT OSTO:EVO DKNG ATH:ALWN ASX:TLC MIL:LTMC LNWO SGHC CHDN XPAR:FDJU LSE:ENT RSI ATH:BYLOT BRSL TSE:6417

Other Exchanges TPBTF:USA

Address 189 Flinders Lane, Level 4, Melbourne, VIC, AUS, 3000

Website http://www.thebetmakers.com

BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.

57GF Score

Get the complete analysis for ASX:BET

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

A$0.16

Price

A$0.10

GF Value

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