Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
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.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is of fair value on EV/EBITDA, un
Target Price
The average target price of BET.AX is 0.24 and suggests 14.3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat