Betmakers Technology Group Ltd
Betmakers Technology Group Ltd, together with its subsidiaries, engages in the development and provision of software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, Europe, and internationally. It operates through Global Betting Services and Global Tote segments. The company also provides racing software, data, and analyt… Read more
Betmakers Technology Group Ltd (TPBTF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.048x
Based on the latest financial reports, Betmakers Technology Group Ltd (TPBTF) has a cash flow conversion efficiency ratio of -0.048x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-7.28 Million) by net assets ($150.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Betmakers Technology Group Ltd - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Betmakers Technology Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Betmakers Technology Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Betmakers Technology Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BioNote Inc.
KO:377740
|
-0.009x |
|
Greenland Resources Inc
PINK:GRLRF
|
-0.139x |
|
LONGBOAT ENERGY LS-10
F:8YG
|
N/A |
|
Taiwan Kong King Co Ltd
TWO:3093
|
0.115x |
|
Korea Parts & Fasteners Co.Ltd
KQ:024880
|
0.085x |
|
Alpha Technology Group Limited Ordinary Shares
NASDAQ:ATGL
|
-0.326x |
|
Zenix Robotics Co.,Ltd
KQ:381620
|
-0.075x |
|
UnicoCell Biomed Co., Ltd.
TW:6794
|
-0.066x |
Annual Cash Flow Conversion Efficiency for Betmakers Technology Group Ltd (2014–2023)
The table below shows the annual cash flow conversion efficiency of Betmakers Technology Group Ltd from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $150.60 Million | $-24.26 Million | -0.161x | -61.79% |
| 2022-06-30 | $189.29 Million | $-18.85 Million | -0.100x | -861.89% |
| 2021-06-30 | $195.40 Million | $-2.02 Million | -0.010x | -24.78% |
| 2020-06-30 | $60.40 Million | $-501.15K | -0.008x | +94.85% |
| 2019-06-30 | $19.16 Million | $-3.08 Million | -0.161x | +82.04% |
| 2018-06-30 | $12.73 Million | $-11.41 Million | -0.896x | -32.12% |
| 2017-06-30 | $9.04 Million | $-6.13 Million | -0.678x | -70.28% |
| 2016-06-30 | $8.34 Million | $-3.32 Million | -0.398x | -51.40% |
| 2015-06-30 | $4.99 Million | $-1.31 Million | -0.263x | +66.79% |
| 2014-06-30 | $2.08 Million | $-1.65 Million | -0.792x | -- |