BetMakers continues to align with its long-term financial goals after reporting a strong Q4 period (1 April-30 June), driven by continuous roll-out of new digital customers and commercial agreements.

The ASX-listed B2B betting tech provider reported quarterly revenue of AUD $24.2m (£12.6m), which came in at 9.4% above the previous corresponding period of $22.1m.

Adjusted EBITDA was up 89.3% YoY, coming in at $4.5m compared to $2.4m in Q4 2025. Adjusted EBITDA margin improved to 18.5%, while gross margin stood at 68.5%.

The company stated: “BetMakers has delivered another quarter of revenue uplift, with a strong increase in Adjusted EBITDA, driven by consistently strong growth in digital revenues and a focused technology led model.

“Management continues to operate the business in line with achieving the Company’s long-term goals of 10% annual revenue growth, 70%+ gross margin and a 25%+ Adjusted EBITDA margin over a three-to-five-year period.”

Quarterly cash flow stood at $15.6m in unrestricted cash, improving from the firm’s previous position of $14.8m in Q3. Operating expenses were brought down from $12.7m in Q4 2025 to $12.1m in this year’s corresponding period.

The momentum during the quarter was kept through a number of high value commercial deals. Stake entered into an agreement with BetMakers to incorporate the latter’s full fixed-odds pricing, tote and trading capability.

Swedish national horse racing betting firm ATG onboarded its Swedish and Danish horse racing offer onto BetMakers’s fixed-odds betting product, while the partnership with William Hill-owner Evoke was extended to continue the delivery of the RaceOdds product across the UK and Ireland.

Jake Henson, BetMakers CEO, said: “Throughout FY26 we focused on supporting leading operators, expanding our product suite while maintaining tight control of our cost base, and Q4 reflects that approach. 

“We deepened our partnerships globally and brought key customers Stake, CrownBet and Dafabet.com.au to market. We are equally pleased to have swiftly returned GT Vegas to profitability through a leaner operating model.

“Looking ahead, our market leading technology, expanding verticals and our focus on high margin technology led growth, positions us very well as we head into FY27.”

BetMakers’ Board will provide more commentary for its FY27 expectations once the firm releases its FY26 full-year results.