betr Entertainment Reports Q2 Trading Update and Announces Share Buy-Back
betr Entertainment Limited (ASX: BBT) released a price-sensitive trading update for the three months ended 31 December 2025, reporting strong growth in turnover and active customers. Turnover increased by 24.5% compared with the previous corresponding period, supported by an expanded active customer base of more than 163,000. Net Win Margin was below the company’s target range during the quarter, largely due to industry-wide customer-friendly outcomes during the Spring Racing Carnival.
Management indicated that trading conditions have since normalised, supported by an improved Net Win Margin in December and stronger margins continuing into January. The company also provided an update on its strategy to pursue scale in the Australian market through organic growth and disciplined mergers and acquisitions, with discussions ongoing.
In addition, betr announced plans to initiate an on-market share repurchase program of up to 10% of its outstanding equity. The board stated that this decision reflects its assessment that the company’s current share price does not fully reflect the underlying business value. The announcement is considered price-sensitive given its potential impact on earnings per share, capital deployment strategy, and overall shareholder returns.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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betr Entertainment Reports Q2 Trading Update and Announces Share Buy-Back
betr Entertainment Limited (ASX: BBT) released a price-sensitive trading update for the three months ended 31 December 2025, reporting strong growth in turnover and active customers. Turnover increased by 24.5% compared with the previous corresponding period, supported by an expanded active customer base of more than 163,000. Net Win Margin was below the company’s target range during the quarter, largely due to industry-wide customer-friendly outcomes during the Spring Racing Carnival.
Management indicated that trading conditions have since normalised, supported by an improved Net Win Margin in December and stronger margins continuing into January. The company also provided an update on its strategy to pursue scale in the Australian market through organic growth and disciplined mergers and acquisitions, with discussions ongoing.
In addition, betr announced plans to initiate an on-market share repurchase program of up to 10% of its outstanding equity. The board stated that this decision reflects its assessment that the company’s current share price does not fully reflect the underlying business value. The announcement is considered price-sensitive given its potential impact on earnings per share, capital deployment strategy, and overall shareholder returns.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au