Betmakers Technology Group Ltd

Betmakers Technology Group Ltdverified

BET.AX

Price:

$0.105

Market Cap:

$101.86M

Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, and internationally. It operates through Global Racing Network, Global Betting Services, and Global Tote segments. The company assists racing bodies and rights holders in producing and distributing race content, including barrier technology, official price calculation, vision, and pricing distribution. It 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 da...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2015-12-10

Stock Exchange

ASX

Ticker

BET.AX

The Current Ratio as of January 2025 (TTM) for Betmakers Technology Group Ltd (BET.AX) is 1.31

According to Betmakers Technology Group Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.31. This represents a change of -19.21% compared to the average of 1.63 of the last 4 quarters.

Betmakers Technology Group Ltd (BET.AX) Historical Current Ratio (quarterly & annually)

How has BET.AX Current Ratio performed in the past?

The mean historical Current Ratio of Betmakers Technology Group Ltd over the last ten years is 4.58. The current 1.31 Current Ratio has changed 2.77% with respect to the historical average. Over the past ten years (40 quarters), BET.AX's Current Ratio was at its highest in in the December 2020 quarter at 31.29. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

4.58

Median

1.96

Minimum

0.24

Maximum

20.06

Betmakers Technology Group Ltd (BET.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Betmakers Technology Group Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.22%

Maximum Annual Current Ratio = 20.06

Minimum Annual Increase = -89.27%

Minimum Annual Current Ratio = 0.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.31-20.98%
20231.66-67.58%
20225.13-15.80%
20216.09-69.64%
202020.068.22%
20190.24-89.27%
20182.25155.69%
20170.88-45.62%
20161.62-75.43%
20156.583.49%

Betmakers Technology Group Ltd (BET.AX) Average Current Ratio

How has BET.AX Current Ratio performed in the past?

The current Current Ratio of Betmakers Technology Group Ltd (BET.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.70

5-year avg

6.85

10-year avg

4.58

Betmakers Technology Group Ltd (BET.AX) Current Ratio vs. Peers

How is BET.AX’s Current Ratio compared to its peers?

Betmakers Technology Group Ltd’s Current Ratio is greater than PointsBet Holdings Limited (0.81), greater than Bigtincan Holdings Limited (0.70), greater than Dubber Corporation Limited (0.62), greater than Whispir Limited (0.94), less than RPMGlobal Holdings Limited (1.35),

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