Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
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 data; and wagering tools. In addition, it offers tote software and integrations to facilitate tote liquidity and resulting. Betmakers Technology Group Ltd was incorporated in 2013 and is headquartered in The Junction, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA, overp
Target Price
The average target price of BET.AX is 0.24 and suggests 33% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell