Betmakers Technology Group Ltd (BET) - Net Assets
Based on the latest financial reports, Betmakers Technology Group Ltd (BET) has net assets worth AU$93.96 Million AUD (≈ $66.48 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$133.17 Million ≈ $94.23 Million USD) and total liabilities (AU$39.22 Million ≈ $27.75 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. Read BET total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$93.96 Million |
| % of Total Assets | 70.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | -51.27% |
| 10-Year Change | 1041.44% |
| Growth Volatility | 148.19 |
Betmakers Technology Group Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Betmakers Technology Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Betmakers Technology Group Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Betmakers Technology Group Ltd (2013–2025)
The table below shows the annual net assets of Betmakers Technology Group Ltd from 2013 to 2025. For live valuation and market cap data, see how much is Betmakers Technology Group Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$95.23 Million ≈ $67.38 Million |
-14.64% |
| 2024-06-30 | AU$111.55 Million ≈ $78.93 Million |
-25.92% |
| 2023-06-30 | AU$150.60 Million ≈ $106.56 Million |
-20.44% |
| 2022-06-30 | AU$189.29 Million ≈ $133.93 Million |
-3.13% |
| 2021-06-30 | AU$195.40 Million ≈ $138.26 Million |
+223.51% |
| 2020-06-30 | AU$60.40 Million ≈ $42.74 Million |
+215.30% |
| 2019-06-30 | AU$19.16 Million ≈ $13.55 Million |
+50.46% |
| 2018-06-30 | AU$12.73 Million ≈ $9.01 Million |
+40.85% |
| 2017-06-30 | AU$9.04 Million ≈ $6.40 Million |
+8.35% |
| 2016-06-30 | AU$8.34 Million ≈ $5.90 Million |
-28.67% |
| 2015-06-30 | AU$11.70 Million ≈ $8.28 Million |
+462.39% |
| 2014-06-30 | AU$2.08 Million ≈ $1.47 Million |
+400.81% |
| 2013-06-30 | AU$-691.35K ≈ $-489.17K |
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Equity Component Analysis
This analysis shows how different components contribute to Betmakers Technology Group 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 22981909900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$321.11 Million | 337.20% |
| Other Comprehensive Income | AU$5.36 Million | 5.63% |
| Total Equity | AU$95.23 Million | 100.00% |
Betmakers Technology Group Ltd Competitors by Market Cap
The table below lists competitors of Betmakers Technology Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pulse Seismic Inc
TO:PSD
|
$142.82 Million |
|
Lucid Diagnostics Inc
NASDAQ:LUCD
|
$142.90 Million |
|
Sarana Mitra Luas
JK:SMIL
|
$142.90 Million |
|
Den Networks Limited
NSE:DEN
|
$142.98 Million |
|
KOMPLETT ASA NK -40
F:GJ60
|
$142.67 Million |
|
Cashbil
JSE:CSB
|
$142.64 Million |
|
SKYX Platforms Corp
NASDAQ:SKYX
|
$142.61 Million |
|
Bank Dinar Indonesia Tbk PT
JK:DNAR
|
$142.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Betmakers Technology Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 111,554,000 to 95,227,000, a change of -16,327,000 (-14.6%).
- Net loss of 26,420,000 reduced equity.
- Share repurchases of 10,805,000 reduced equity.
- New share issuances of 10,805,000 increased equity.
- Other comprehensive income decreased equity by 4,546,000.
- Other factors increased equity by 14,639,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-26.42 Million | -27.74% |
| Share Repurchases | AU$10.80 Million | -11.35% |
| Share Issuances | AU$10.80 Million | +11.35% |
| Other Comprehensive Income | AU$-4.55 Million | -4.77% |
| Other Changes | AU$14.64 Million | +15.37% |
| Total Change | AU$- | -14.64% |
Book Value vs Market Value Analysis
This analysis compares Betmakers Technology Group 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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$-0.04 | AU$0.18 | x |
| 2014-06-30 | AU$0.12 | AU$0.18 | x |
| 2015-06-30 | AU$0.14 | AU$0.18 | x |
| 2016-06-30 | AU$0.10 | AU$0.18 | x |
| 2017-06-30 | AU$0.08 | AU$0.18 | x |
| 2018-06-30 | AU$0.08 | AU$0.18 | x |
| 2019-06-30 | AU$0.08 | AU$0.18 | x |
| 2020-06-30 | AU$0.13 | AU$0.18 | x |
| 2021-06-30 | AU$0.29 | AU$0.18 | x |
| 2022-06-30 | AU$0.22 | AU$0.18 | x |
| 2023-06-30 | AU$0.16 | AU$0.18 | x |
| 2024-06-30 | AU$0.12 | AU$0.18 | x |
| 2025-06-30 | AU$0.10 | AU$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Betmakers Technology Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.04%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.41x
- Recent ROE (-27.74%) is above the historical average (-29.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -140.97% | 1.06x | 0.00x | AU$-1.05 Million |
| 2014 | -85.94% | -169.78% | 0.20x | 2.50x | AU$-2.00 Million |
| 2015 | -10.97% | -113.74% | 0.09x | 1.10x | AU$-2.45 Million |
| 2016 | -54.39% | -157.28% | 0.27x | 1.28x | AU$-5.37 Million |
| 2017 | -60.84% | -398.23% | 0.09x | 1.67x | AU$-6.40 Million |
| 2018 | -2.47% | -2.47% | 0.80x | 1.25x | AU$-1.59 Million |
| 2019 | -18.82% | -58.53% | 0.20x | 1.60x | AU$-5.52 Million |
| 2020 | -3.54% | -24.94% | 0.14x | 1.04x | AU$-8.18 Million |
| 2021 | -8.93% | -89.72% | 0.08x | 1.18x | AU$-37.00 Million |
| 2022 | -47.14% | -97.33% | 0.41x | 1.18x | AU$-108.16 Million |
| 2023 | -25.75% | -40.81% | 0.48x | 1.33x | AU$-53.84 Million |
| 2024 | -34.66% | -40.62% | 0.63x | 1.35x | AU$-49.82 Million |
| 2025 | -27.74% | -31.04% | 0.63x | 1.41x | AU$-35.94 Million |
Industry Comparison
This section compares Betmakers Technology Group Ltd's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $650,944,125
- Average return on equity (ROE) among peers: 44.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betmakers Technology Group Ltd (BET) | AU$93.96 Million | 0.00% | 0.42x | $142.68 Million |
| Ainsworth Game Technology Ltd (AGI) | $25.14 Million | -58.95% | 0.64x | $262.13 Million |
| Aristocrat Leisure Ltd (ALL) | $1.73 Billion | 31.32% | 2.37x | $20.70 Billion |
| Betr Entertainment Ltd (BBT) | $45.37 Million | -13.38% | 0.28x | $132.71 Million |
| Jumbo Interactive Ltd (JIN) | $-819.00K | 0.00% | 0.00x | $333.38 Million |
| Light & Wonder Inc (LNW) | $1.16 Billion | 316.54% | 4.18x | $6.61 Billion |
| Pointsbet Holdings Ltd (PBH) | $736.36 Million | -36.35% | 0.31x | $250.86 Million |
| Tabcorp Holdings Ltd (TAH) | $1.24 Billion | 15.10% | 1.01x | $1.89 Billion |
| The Lottery Corporation Ltd (TLC) | $264.80 Million | 100.00% | 15.51x | $8.71 Billion |
About 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