Betr Entertainment posts full-year turnover of A$1,594.7 million
betr Entertainment, a pure-play digital wagering operator focused solely on the Australian wagering market, has announced its annual results for the financial year ending 30 June 2026 (FY26).
The company, listed on the Australian Securities Exchange, confirmed on 27 August 2026 that it successfully delivered on its H2 FY26 normalised EBITDA guidance and affirmed its positive outlook for FY27, expecting to be operating cash flow positive for the full year.
The annual results highlight a decisive turnaround in the second half of FY26, with normalised EBITDA reaching $6.1 million. This performance represents a significant $19.3 million EBITDA turnaround between the first and second halves of the financial year.
Looking ahead, betr Entertainment Limited has affirmed its normalised EBITDA guidance for FY27 at between $13 million and $19 million. The company also reported strong engagement and improvements in customer economics, leading to Net Win growth that outpaced the market by approximately two times.
Chief Executive Officer, Andrew Menz, commented on the results, stating that “FY26 was a year of deliberate investment followed by disciplined execution.” Menz highlighted the conversion of this investment into delivery during the second half. He added that the “exit rate from FY26 and our fast start to FY27 give us real momentum as a stronger, leaner business, with a clear focus on profitable growth to drive long-term shareholder value.”