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) - Net Assets
Latest net assets as of June 2025: $95.23 Million USD
Based on the latest financial reports, Betmakers Technology Group Ltd (TPBTF) has net assets worth $95.23 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($134.16 Million) and total liabilities ($38.93 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $95.23 Million |
| % of Total Assets | 70.98% |
| Annual Growth Rate | 41.57% |
| 5-Year Change | -51.27% |
| 10-Year Change | 1041.44% |
| Growth Volatility | 87.28 |
Betmakers Technology Group Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Betmakers Technology Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Betmakers Technology Group Ltd (2014–2025)
The table below shows the annual net assets of Betmakers Technology Group Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $95.23 Million | -14.64% |
| 2024-06-30 | $111.55 Million | -25.92% |
| 2023-06-30 | $150.60 Million | -20.44% |
| 2022-06-30 | $189.29 Million | -3.13% |
| 2021-06-30 | $195.40 Million | +223.51% |
| 2020-06-30 | $60.40 Million | +215.30% |
| 2019-06-30 | $19.16 Million | +50.46% |
| 2018-06-30 | $12.73 Million | +40.85% |
| 2017-06-30 | $9.04 Million | +8.35% |
| 2016-06-30 | $8.34 Million | +67.19% |
| 2015-06-30 | $4.99 Million | +139.94% |
| 2014-06-30 | $2.08 Million | -- |
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 22945170900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $326.47 Million | 342.83% |
| Total Equity | $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 |
|---|---|
|
BioNote Inc.
KO:377740
|
$52.17 Million |
|
Greenland Resources Inc
PINK:GRLRF
|
$52.18 Million |
|
LONGBOAT ENERGY LS-10
F:8YG
|
$52.18 Million |
|
Taiwan Kong King Co Ltd
TWO:3093
|
$52.18 Million |
|
Korea Parts & Fasteners Co.Ltd
KQ:024880
|
$52.16 Million |
|
Alpha Technology Group Limited Ordinary Shares
NASDAQ:ATGL
|
$52.14 Million |
|
Zenix Robotics Co.,Ltd
KQ:381620
|
$52.13 Million |
|
UnicoCell Biomed Co., Ltd.
TW:6794
|
$52.11 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.
- New share issuances of 10,805,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-26.42 Million | -27.74% |
| Share Issuances | $10.80 Million | +11.35% |
| Other Changes | $-712.00K | -0.75% |
| Total Change | $- | -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: 0.72x
- 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.
- The price-to-book ratio has decreased from 0.93x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $0.07 | $0.06 | x |
| 2019-06-30 | $0.05 | $0.06 | x |
| 2020-06-30 | $0.11 | $0.06 | x |
| 2021-06-30 | $0.24 | $0.06 | x |
| 2022-06-30 | $0.21 | $0.06 | x |
| 2023-06-30 | $0.16 | $0.06 | x |
| 2024-06-30 | $0.12 | $0.06 | x |
| 2025-06-30 | $0.09 | $0.06 | 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 (-38.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -85.94% | -169.78% | 0.20x | 2.50x | $-2.00 Million |
| 2015 | -25.70% | -113.74% | 0.17x | 1.31x | $-1.78 Million |
| 2016 | -54.39% | -157.28% | 0.27x | 1.28x | $-5.37 Million |
| 2017 | -84.28% | -135.52% | 0.37x | 1.67x | $-8.52 Million |
| 2018 | -46.94% | -46.92% | 0.80x | 1.25x | $-7.25 Million |
| 2019 | -18.82% | -58.53% | 0.20x | 1.60x | $-5.52 Million |
| 2020 | -3.54% | -24.94% | 0.14x | 1.04x | $-8.18 Million |
| 2021 | -8.93% | -89.72% | 0.08x | 1.18x | $-37.00 Million |
| 2022 | -47.14% | -97.33% | 0.41x | 1.18x | $-108.16 Million |
| 2023 | -25.75% | -40.81% | 0.48x | 1.33x | $-53.84 Million |
| 2024 | -34.66% | -40.62% | 0.63x | 1.35x | $-49.82 Million |
| 2025 | -27.74% | -31.04% | 0.63x | 1.41x | $-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: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betmakers Technology Group Ltd (TPBTF) | $95.23 Million | -85.94% | 0.41x | $52.16 Million |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |