BET

BETMAKTECH FPO [BET]
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 analytical tools, including basic race data consisting of pricing, runners, and form; analytical tools to consume and leverage the data; and wagering tools, such as platforms and managed trading services. It assists racing bodies and rights holders in producing and distributing race content, including barrier technology, official price calculation, vision, and pricing distribution. In addition, the company offers tote software and integrations to facilitate tote liquidity and resulting. Betmakers Technology Group Ltd was incorporated in 2013 and is headquartered in Melbourne, Australia.
Consumer Cyclical · ASX Small Cap
$0.1700 -5.6%

Updated 21 Jul 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • Beating the Small Ords index — relative strength of 1.14, so it's outpacing the pack
  • Cash positive / operating cashflow positive
  • 4C filed 2026-04-28
  • Low P/S ratio (2.1x)
  • Moderate revenue growth (+11%)
  • EPS estimates revised upward (+10pts)
  • New substantial holder(s) (1)
  • CANSLIM I: Institutional ownership (12%)
  • Sentiment is mixed — no strong consensus either way
  • RBA hiking (-5pts)

Risk Signals

  • Stochastic turning bearish from a high level — caution
  • Below the 200-day average — the long-term trend is still working against it
  • Negative profit margins (-14%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.33%/day)
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Recent Catalysts

NONE Notification of cessation of securities - BET
NONE Variation to CEO's Employment Agreement
HIGH Becoming a substantial holder
Announcement tone +3pts

Recent ASX Announcements

2026-07-09 Notification of cessation of securities - BET
2026-06-29 Becoming a substantial holder
2026-06-18 Variation to CEO's Employment Agreement

Key Metrics

$190.4M
Market Cap
1.2M
Avg Volume
0.6x
Vol Ratio
$0.10 — $0.25
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-13.5%
ROE
-14.1%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 73%
LLeader vs LaggardlaggardRS: -2
IInstitutional SponsorshippassInst: 12%
MMarket DirectionneutralNeutral

Sector: Consumer Cyclical

65 tickers in this sector

View all Consumer Cyclical signals →Browse all ASX tickers A–Z →
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CEH +15.2%SGR +9.1%VMT -8.3%SIO +6.7%MTO +6.2%
Compare:BET vs CEHBET vs SGRBET vs VMT
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