Market Alert: US Sets Tariff Floor at 15% – Potentially Rising to 50% from 01 August 2025
Betr Entertainment Limited (ASX: BBT) posted a FY25 EBITDA profit of $7 million, driven by strong net win margins and successful integrations following its BlueBet and TopSport acquisitions. The company raised its all-scrip takeover offer for PointsBet to $1.35 per share, representing 4.219 betr shares per PointsBet share—surpassing MIXI’s competing $1.20 offer. With over $44.9 million in expected synergies and over 90% of TopSport’s value migrated to betr, the company is achieving significant scale. Q4 turnover surged to $399.5 million (+160% YoY), and net win reached $40.2 million (+132% YoY), supported by a 10.1% net win margin. Betr also raised $130 million to fund the PointsBet acquisition and ended Q4 with $105.1 million in cash. Their focus now includes personalization, product innovation, and continued customer acquisition momentum.
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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.