Betr Entertainment Ltd (BBT) - Net Assets

Latest as of December 2025: AU$137.35 Million AUD ≈ $97.18 Million USD

Based on the latest financial reports, Betr Entertainment Ltd (BBT) has net assets worth AU$137.35 Million AUD (≈ $97.18 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$227.39 Million ≈ $160.89 Million USD) and total liabilities (AU$90.04 Million ≈ $63.71 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Betr Entertainment Ltd (BBT) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$137.35 Million
% of Total Assets	60.4%
Annual Growth Rate	N/A
5-Year Change	307.7%
10-Year Change	N/A
Growth Volatility	2479.2

Betr Entertainment Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Betr Entertainment Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Betr Entertainment Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Betr Entertainment Ltd (2017–2024)

The table below shows the annual net assets of Betr Entertainment Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Betr Entertainment Ltd worth.

Year	Net Assets	Change
2024-12-31	AU$198.18 Million ≈ $140.23 Million	+5681.33%
2023-12-31	AU$3.43 Million ≈ $2.43 Million	-88.12%
2022-12-31	AU$28.85 Million ≈ $20.41 Million	-36.40%
2021-12-31	AU$45.37 Million ≈ $32.10 Million	-6.67%
2020-12-31	AU$48.61 Million ≈ $34.39 Million	+33624.14%
2019-12-31	AU$-145.00K ≈ $-102.60K	+96.11%
2018-12-31	AU$-3.73 Million ≈ $-2.64 Million	-11.15%
2017-12-31	AU$-3.35 Million ≈ $-2.37 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Betr Entertainment Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 7546064800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$261.40 Million	131.90%
Other Comprehensive Income	AU$15.60 Million	7.87%
Other Components	AU$1.00	0.00%
Total Equity	AU$198.18 Million	100.00%

Betr Entertainment Ltd Competitors by Market Cap

The table below lists competitors of Betr Entertainment Ltd ranked by their market capitalization.

Company	Market Cap
Count Ltd AU:CUP	$125.24 Million
LOT VACUUM Co. Ltd KQ:083310	$125.24 Million
Patriot National Bancorp Inc NASDAQ:PNBK	$125.28 Million
TH Plantations Bhd KLSE:5112	$125.38 Million
MNtech Co. Ltd KQ:095500	$125.13 Million
Synalloy Corporation NASDAQ:ACNT	$125.09 Million
Streamex Corp NASDAQ:STEX	$125.08 Million
ATEME SA PA:ATEME	$125.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Betr Entertainment Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,428,000 to 198,184,000, a change of 194,756,000 (5681.3%).
Net loss of 6,801,000 reduced equity.
Share repurchases of 6,997,000 reduced equity.
New share issuances of 129,436,000 increased equity.
Other comprehensive income increased equity by 7,762,000.
Other factors increased equity by 71,356,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-6.80 Million	-3.43%
Share Repurchases	AU$7.00 Million	-3.53%
Share Issuances	AU$129.44 Million	+65.31%
Other Comprehensive Income	AU$7.76 Million	+3.92%
Other Changes	AU$71.36 Million	+36.0%
Total Change	AU$-	5681.33%

Book Value vs Market Value Analysis

This analysis compares Betr Entertainment Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.55x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	AU$-0.02	AU$0.17	x
2018-12-31	AU$-0.02	AU$0.17	x
2019-12-31	AU$0.00	AU$0.17	x
2020-12-31	AU$0.24	AU$0.17	x
2021-12-31	AU$0.23	AU$0.17	x
2022-12-31	AU$0.14	AU$0.17	x
2023-12-31	AU$0.02	AU$0.17	x
2024-12-31	AU$0.31	AU$0.17	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Betr Entertainment Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -3.43%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.15%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.43x
Recent ROE (-3.43%) is above the historical average (-180.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	0.00%	-26.23%	8.95x	0.00x	AU$-1.69 Million
2018	0.00%	-14.35%	10.02x	0.00x	AU$-1.00 Million
2019	0.00%	26.68%	3.21x	0.00x	AU$4.50 Million
2020	6.13%	9.21%	0.54x	1.22x	AU$-1.88 Million
2021	-13.38%	-12.22%	0.85x	1.28x	AU$-10.61 Million
2022	-65.27%	-38.42%	0.89x	1.91x	AU$-21.72 Million
2023	-1368.67%	-81.47%	1.54x	10.94x	AU$-47.26 Million
2024	-3.43%	-5.15%	0.47x	1.43x	AU$-26.62 Million

Industry Comparison

This section compares Betr Entertainment Ltd's net assets metrics with peer companies in the Gambling industry.

Industry Context

Industry: Gambling
Average net assets among peers: $358,456,090
Average return on equity (ROE) among peers: 9.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Betr Entertainment Ltd (BBT)	AU$137.35 Million	0.00%	0.66x	$125.22 Million
Ainsworth Game Technology Ltd (AGI)	$25.14 Million	-58.95%	0.64x	$357.45 Million
Aristocrat Leisure Ltd (ALL)	$129.17 Million	40.06%	1.12x	$21.83 Billion
Betmakers Technology Group Ltd (BET)	$11.70 Million	-10.97%	0.10x	$138.72 Million
Jumbo Interactive Ltd (JIN)	$-819.00K	0.00%	0.00x	$326.66 Million
Light & Wonder Inc (LNW)	$636.00 Million	52.83%	7.52x	$6.71 Billion
Pointsbet Holdings Ltd (PBH)	$501.45 Million	-73.71%	0.21x	$258.24 Million
Tabcorp Holdings Ltd (TAH)	$1.24 Billion	15.10%	1.01x	$1.10 Billion
The Lottery Corporation Ltd (TLC)	$321.80 Million	113.58%	12.69x	$8.14 Billion

About Betr Entertainment Ltd

AU:BBT Australia Gambling

Market Cap

$125.22 Million

AU$176.97 Million AUD

Market Cap Rank

#18443 Global

#575 in Australia

Share Price

AU$0.17

Change (1 day)

+0.00%

52-Week Range

AU$0.17 - AU$0.39

All Time High

AU$2.86