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BetMakers Technology Group (ASX:BET) Gross-Profit-to-Asset % : 34.54% (As of Dec. 2023)


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What is BetMakers Technology Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. BetMakers Technology Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$66.14 Mil. BetMakers Technology Group's average Total Assets over the quarter that ended in Dec. 2023 was A$191.49 Mil. Therefore, BetMakers Technology Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 34.54%.


BetMakers Technology Group Gross-Profit-to-Asset % Historical Data

The historical data trend for BetMakers Technology Group's Gross-Profit-to-Asset % 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.

* Premium members only.

BetMakers Technology Group Gross-Profit-to-Asset % Chart

BetMakers Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 16.84 13.59 6.97 29.25 28.01

BetMakers Technology Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.82 30.24 26.85 27.20 34.54

Competitive Comparison of BetMakers Technology Group's Gross-Profit-to-Asset %

For the Gambling subindustry, BetMakers Technology Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where BetMakers Technology Group's Gross-Profit-to-Asset % falls into.



BetMakers Technology Group Gross-Profit-to-Asset % Calculation

BetMakers Technology Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=59.176/( (223.06+199.545)/ 2 )
=59.176/211.3025
=28.01 %

BetMakers Technology Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=66.136/( (199.545+183.436)/ 2 )
=66.136/191.4905
=34.54 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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BetMakers Technology Group (ASX:BET) Business Description

Traded in Other Exchanges
Address
189 Flinders Lane, Level 4, Melbourne, VIC, AUS, 3000
BetMakers Technology Group Ltd engages in the development and provision of data and analytic products. The firm operates in three segments: Global racing network, Global betting services, and Global Tote. The Global racing network segment assists racing bodies and rights holders in producing and distributing race content including services such as barrier technology, official price calculation, vision, and pricing distribution. The Global betting services segment which derives the majority of revenue provides a variety of racing data and analytical tools consisting of basic race data such as pricing, runners, and form, analytical tools. The Global Tote segment includes the provision of tote software and integrations to facilitate tote liquidity and results.

BetMakers Technology Group (ASX:BET) Headlines

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