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BetMakers Technology Group (ASX:BET) Net Margin % : -41.43% (As of Dec. 2024)


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What is BetMakers Technology Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BetMakers Technology Group's Net Income for the six months ended in Dec. 2024 was A$-17.15 Mil. BetMakers Technology Group's Revenue for the six months ended in Dec. 2024 was A$41.39 Mil. Therefore, BetMakers Technology Group's net margin for the quarter that ended in Dec. 2024 was -41.43%.

The historical rank and industry rank for BetMakers Technology Group's Net Margin % or its related term are showing as below:

ASX:BET' s Net Margin % Range Over the Past 10 Years
Min: -157.3   Med: -58.53   Max: -24.95
Current: -49.65


ASX:BET's Net Margin % is ranked worse than
91.85% of 822 companies
in the Travel & Leisure industry
Industry Median: 4.595 vs ASX:BET: -49.65

BetMakers Technology Group Net Margin % Historical Data

The historical data trend for BetMakers Technology Group's Net Margin % 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 Net Margin % Chart

BetMakers Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only -24.95 -89.73 -97.33 -40.81 -40.62

BetMakers Technology Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Margin % 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 Premium Member Only Premium Member Only -42.67 -39.01 -26.27 -57.42 -41.43

Competitive Comparison of BetMakers Technology Group's Net Margin %

For the Gambling subindustry, BetMakers Technology Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where BetMakers Technology Group's Net Margin % falls into.


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BetMakers Technology Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BetMakers Technology Group's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-38.667/95.203
=-40.62 %

BetMakers Technology Group's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-17.149/41.394
=-41.43 %

* 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  (ASX:BET) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BetMakers Technology Group Net Margin % Related Terms

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BetMakers Technology Group 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 two segments: Global betting services, and Global Tote. 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 which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and results.

BetMakers Technology Group Headlines

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