Betmakers Technology Group Ltd (TPBTF) Q2 2026 Earnings Call Transcript

SA Transcripts158.73K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Betmakers Technology Group Ltd (TPBTF) Q2 2026 Earnings Call March 1, 2026 4:30 PM EST Company Participants Matthew Davey - President & Executive ChairmanJake Henson - Chief Executive Officer Presentation Matthew DaveyPresident & Executive Chairman Well, good morning, everyone. It gives me a great pleasure to bring you the first half FY '26 update on BetMakers Technology Group. Presenting today is myself, Executive Chair and President of the company; and accompanied by Jake Henson, Chief Executive Officer. So the real pleasure here is to be able to deliver results from a technology-driven turnaround that has allowed us really to start compounding on the great work that the team have done over the last 2 years. You can see this directly in the numbers today, but we'll also talk through the products and the customer impact and our competitive positioning in the marketplace. From the numbers, you can see we delivered the first 6 handle on our half year EBITDA result with $6 million. It's quite the turnaround from the $1.3 million loss in the first half of FY '25. This is driven in part by a double-digit top line revenue growth of $46.1 million and expanding gross margins by another 10% to 66.5%, again, reflecting the great work that the team has done to make this business more efficient and deliver a better return on our invested capital. A lot of this is driven by existing customers, but also by new product and new technology. There's no better example of the benefits and the market reception of that than demand by customers. And so the last 6 months, we've signed up phenomenal customers such as Stake as well as CrownBet and continuing to deliver a significantly strong pipeline of customers going forward. In addition to that, we've also closed on our acquisition of LVDC, and we