BetMakers Technology Group Limited reported a 3.7% quarter-over-quarter revenue increase for Q3 FY25, reaching $83 million on an annualised basis. The company achieved a gross margin of 63.9%, up from 58% in FY23, and delivered a positive $3.0 million operating cash-flow along with $5 million Adjusted EBITDA.

The company has expanded its global presence, servicing over 60 online wagering operators across more than 30 countries. Recent strategic partnerships with Sportradar and others are expected to accelerate international distribution. BetMakers also launched new products under the Quantum™ brand, enhancing its turnkey racing solutions.

BetMakers reduced its annualised cost base from $65.3 million to $53.9 million, excluding restructuring costs. The operating cost base is now below the $55 million target, supporting improved profitability.

With a strong revenue trajectory and improved gross margins, BetMakers is at a financial inflection point, anticipating continued growth and profitability in FY26.