Australia's BetMakers eyes best day in 7 months on upbeat revenue growth

City Chic Collective

30/01/2024 01:18

** Shares of BetMakers Technology Group  BET.AX  rise as
much as 18.75% to A$0.095, their highest level since Nov. 13
    ** Shares of co on track for its best day since June 28 
    ** The betting technology firm posts quarterly revenue
growth of A$25.1 mln ($16.62 mln), up 10% from previous year 
    ** Adds, quarterly underlying EBITDA loss narrowed to A$1.2
mln from A$9.1 mln in the previous year 
    ** 5.3 mln shares change hands as at 0105 GMT, 4.3 times the
30-day average volume
    ** Stock has fallen 3.6% this year as of last close


($1 = 1.5099 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))