Betr Entertainment Ltd
Betr Entertainment Limited provides sports and racing betting products and services to online and telephone clients, via its innovative online wagering platform, and mobile applications in Australia and North America. It operates its plateform under the betr, BlueBet, and TopSport brand names. BETR Entertainment Limited was formerly known as BlueBet Holdings Ltd and changed its name to Betr Enter… Read more
Betr Entertainment Ltd (BBT) - Total Assets
Latest total assets as of December 2025: AU$227.39 Million AUD
Based on the latest financial reports, Betr Entertainment Ltd (BBT) holds total assets worth AU$227.39 Million AUD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Betr Entertainment Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Betr Entertainment Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Betr Entertainment Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Betr Entertainment Ltd's total assets of AU$227.39 Million consist of 38.4% current assets and 61.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 37.1% |
| Accounts Receivable | AU$705.00K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$6.31 Million | 2.2% |
| Intangible Assets | AU$49.40 Million | 17.5% |
| Goodwill | AU$40.22 Million | 14.2% |
Asset Composition Trend (2017–2024)
This chart illustrates how Betr Entertainment Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Betr Entertainment Ltd's current assets represent 38.4% of total assets in 2024, a decrease from 43.0% in 2017.
- Cash Position: Cash and equivalents constituted 37.1% of total assets in 2024, up from 35.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 6.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 17.5% of total assets.
Betr Entertainment Ltd Competitors by Total Assets
Key competitors of Betr Entertainment Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RGB International Bhd
KLSE:0037
|
Malaysia | RM624.78 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
Germany | €359.28 Billion |
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM547.13 Million |
|
Magnum Bhd
KLSE:3859
|
Malaysia | RM3.56 Billion |
|
bet-at-home.com AG
F:ACX
|
Germany | €52.41 Million |
|
Tiga Gaming Inc.
TWO:6536
|
Taiwan | NT$153.65 Million |
|
Apple iSports Group Inc
OTCQB:AAPI
|
USA | $360.30K |
|
Accel Entertainment Inc
NYSE:ACEL
|
USA | $1.13 Billion |
Betr Entertainment Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Betr Entertainment Ltd generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Betr Entertainment Ltd is currently not profitable relative to its asset base.
Betr Entertainment Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.57 | 0.59 | 7.94 |
| Quick Ratio | 0.57 | 0.59 | 7.94 |
| Cash Ratio | 0.00 | 0.47 | 1.25 |
| Working Capital | AU$-34.39 Million | AU$ -14.09 Million | AU$ 47.00 Million |
Betr Entertainment Ltd - Advanced Valuation Insights
This section examines the relationship between Betr Entertainment Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.82 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 653.9% |
| Total Assets | AU$282.78 Million |
| Market Capitalization | $68.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Betr Entertainment Ltd's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Betr Entertainment Ltd's assets grew by 653.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Betr Entertainment Ltd (2017–2024)
The table below shows the annual total assets of Betr Entertainment Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$282.78 Million | +653.90% |
| 2023-12-31 | AU$37.51 Million | -31.92% |
| 2022-12-31 | AU$55.09 Million | -5.36% |
| 2021-12-31 | AU$58.21 Million | -2.14% |
| 2020-12-31 | AU$59.49 Million | +1037.44% |
| 2019-12-31 | AU$5.23 Million | +447.23% |
| 2018-12-31 | AU$955.72K | +10.99% |
| 2017-12-31 | AU$861.10K | -- |