Want to see AU:BBT full AI Analyst Report?
Top Page
BlueBet Holdings Ltd.
(Sydney:BBT)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.19
▼(-4.50% Downside)
Action:Reiterated
Date:08/28/26
The score is primarily weighed down by weak financial performance: deteriorating profitability and sustained negative operating/free cash flow raise execution and funding-risk concerns despite strong revenue growth. Technical indicators are moderately supportive in the near term but mixed versus the longer-term trend. Valuation is also unattractive/unclear given losses (negative P/E) and no dividend support.
Positive Factors
Revenue Growth
Sustained top-line expansion indicates continued customer activity and market reach. If management can convert this growth into better unit economics, the larger revenue base could support operating leverage over the next several months.
Negative Factors
Persistent Negative Cash Flow
Recurring cash losses show that the business is not self-funding despite revenue growth. Continued burn may require external capital or balance-sheet capacity, limiting strategic flexibility and increasing execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line expansion indicates continued customer activity and market reach. If management can convert this growth into better unit economics, the larger revenue base could support operating leverage over the next several months.
Read all positive factors
BlueBet Holdings Ltd. (BBT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$206.65M
Dividend YieldN/A
Average Volume (3M)233.68K
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue Growth8.87%
EPS Growth-260.38%
CountryAU
Employees1,200
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,046,306,300
10 Day Avg. Volume104,512
30 Day Avg. Volume233,677
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)1.30
Price to Sales (P/S)1.20
P/FCF Ratio-6.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.37Price Target Upside82.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BlueBet Holdings Ltd. Business Overview & Revenue Model
Company Description
BlueBet Holdings Ltd delivers sports and racing wagering solutions to its customer base, which can access these services via an online platform, mobile applications, and telephone. The firm, headquartered in Sydney, Australia, commenced its operat...
How the Company Makes Money
BlueBet primarily makes money by earning a margin on customer wagering activity placed through its online and mobile betting platforms. Its core revenue is generated from betting turnover: for each market (e.g., sports or racing), the company sets...
BlueBet Holdings Ltd. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 143.76M | 132.04M | 57.59M | 49.02M | 49.67M |
| Gross Profit | 5.65M | 54.73M | 6.65M | 1.47M | 10.97M |
| EBITDA | -15.93M | -4.20M | -42.41M | -18.28M | -5.48M |
| Net Income | -40.17M | -6.80M | -46.92M | -18.83M | -6.07M |
Balance Sheet | |||||
| Total Assets | 213.75M | 282.78M | 37.51M | 55.09M | 58.21M |
| Cash, Cash Equivalents and Short-Term Investments | 27.58M | 104.88M | 24.49M | 22.70M | 47.27M |
| Total Debt | 38.72M | 38.95M | 580.00K | 1.01M | 1.28M |
| Total Liabilities | 80.50M | 84.60M | 34.08M | 26.24M | 12.85M |
| Stockholders Equity | 133.25M | 198.18M | 3.43M | 28.85M | 45.37M |
Cash Flow | |||||
| Free Cash Flow | -25.99M | -19.71M | -16.68M | -23.89M | -7.60M |
| Operating Cash Flow | -25.69M | -19.31M | -13.35M | -14.22M | -967.00K |
| Investing Cash Flow | -8.96M | -69.85M | -3.33M | -10.50M | -6.63M |
| Financing Cash Flow | -42.66M | 169.66M | 18.26M | -272.00K | -1.24M |
BlueBet Holdings Ltd. Technical Analysis
Positive
0.20
Price Trends
0.18
Positive
0.18
Positive
0.20
Negative
Market Momentum
<0.01
Positive
57.36
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BBT, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.36 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BBT.
BlueBet Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | AU$466.90M | 13.40 | 30.58% | 4.84% | 33.23% | -14.58% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | AU$11.26B | 39.56 | 94.29% | 2.99% | -4.64% | -22.15% | |
57 Neutral | AU$2.11B | 45.54 | 3.66% | 2.82% | 0.13% | 26.25% | |
46 Neutral | AU$206.65M | -5.17 | -29.69% | ― | 8.87% | -260.38% | |
46 Neutral | AU$235.26M | -16.80 | -13.44% | ― | 5.38% | 71.46% | |
34 Underperform | AU$312.83M | -9.00 | 231.91% | ― | 5.56% | 8.45% |
* Consumer Cyclical Sector Average
AU:BBT
BlueBet Holdings Ltd.
0.20
-0.09
-32.07%
AU:PBH
PointsBet Holdings
0.90
-0.36
-28.57%
AU:TAH
Tabcorp Holdings Limited
0.92
-0.04
-3.77%
AU:BET
Betmakers Technology Group
0.21
0.04
23.53%
AU:JIN
Jumbo Interactive Limited
7.37
-4.11
-35.78%
AU:TLC
Lottery Corporation Limited
5.06
-0.66
-11.49%
BlueBet Holdings Ltd. Corporate Events
Betr Entertainment Files Corporate Governance Statement with ASX
Aug 27, 2026
Betr Entertainment Limited has submitted its Appendix 4G and confirmed that its corporate governance statement for the year ended 30 June 2026 is available on its website, in accordance with ASX Listing Rule 4.10.3. The statement, approved by the ...
betr Entertainment Posts FY26 Turnaround and Affirms Strong FY27 Outlook
Aug 27, 2026
betr Entertainment Limited reported a decisive turnaround in its FY26 performance, with normalised EBITDA of $6.1 million in the second half delivering on guidance. The company said FY26 followed a period of deliberate investment and disciplined e...
betr Entertainment Sets Date for FY2026 Results and Investor Call
Aug 18, 2026
betr Entertainment Limited has announced it will release its FY2026 annual results on Thursday 27 August 2026. The disclosure will be accompanied by an investor conference call scheduled for the same day at 10:30 a.m. AEST, with access provided vi...
betr Entertainment issues Q4 FY26 activities report with investor disclaimers
Jul 30, 2026
betr Entertainment Limited has released its quarterly activities report for the period ended 30 June 2026, providing investors with historical financial information and operational data for the fourth quarter of FY26. The update, presented alongsi...
betr Entertainment to release Q4 FY2026 update and host investor call
Jul 24, 2026
betr Entertainment Limited will publish its Q4 FY2026 quarterly update on 30 July 2026, outlining its latest financial and operational performance for investors. The company will also host an investor conference call and webcast that day, requirin...
BETR Entertainment Cancels Shares Following On-Market Buy-Back
Jul 22, 2026
BETR Entertainment Limited, trading on the ASX under code BBT, is an entertainment and betting company whose ordinary fully paid shares represent its main listed security. The firm actively manages its capital base, using tools such as on-market b...
betr Entertainment Shifts Wagering Licence to Tasmania for Long-Term Growth
Jul 6, 2026
Digital wagering operator betr Entertainment Limited has secured a Tasmanian Gaming Licence from the state’s Liquor and Gaming Commission, effective 7 July 2026 for an initial five-year term. The licence shift follows a multi-year review of ...
Betr Entertainment Extends On‑Market Share Buy‑Back Program
Jun 28, 2026
Betr Entertainment Limited has continued its on‑market share buy‑back program for its ordinary fully paid shares, updating the market with the latest daily activity under ASX code BBT. The company reported that a cumulative 3,372,732 s...
Betr Entertainment Cuts Share Count with On‑Market Buy‑Back
Jun 26, 2026
Betr Entertainment Limited has cancelled 764,885 ordinary fully paid shares as part of an on-market buy-back, effective 25 June 2026. The move reduces the company’s issued capital and signals an effort to refine its capital management strate...
Betr Entertainment Continues On-Market Share Buy-Back Program
Jun 25, 2026
Betr Entertainment Limited has provided an update on its on-market share buy-back program for ordinary fully paid shares traded under the ASX code BBT. The latest daily notification shows that a cumulative 3,359,205 shares had been repurchased pri...
Betr Entertainment Expands On‑Market Buy‑Back With Latest Daily Share Repurchase
Jun 24, 2026
Betr Entertainment Limited has provided an updated notification of its on‑market share buy‑back, confirming that it repurchased 52,183 ordinary fully paid shares in the most recent trading day. This lifts the total number of shares bou...
Betr Entertainment Continues Daily On‑Market Share Buy‑Back
Jun 23, 2026
Betr Entertainment Ltd., listed on the ASX as BBT, operates in the entertainment and betting market and has its ordinary fully paid shares actively traded. The company engages in share buy-backs as part of its broader capital management strategy.T...
Betr Entertainment Continues Daily On-Market Share Buy-Back Program
Jun 22, 2026
Betr Entertainment Limited, the ASX-listed wagering and entertainment company trading under ticker BBT, continues to use on-market buy-backs of its ordinary fully paid shares as part of its capital management strategy. The company reported that to...
betr Entertainment Issues Shares to Service Provider Under Cash-Conserving Deal
Jun 19, 2026
betr Entertainment Limited has issued 6,944,444 fully paid ordinary shares to a service provider as payment in lieu of fees, modestly increasing its share base while conserving cash. The company confirmed it issued the shares without a prospectus ...
Betr Entertainment Issues New Performance Rights Under Staff Incentive Scheme
Jun 19, 2026
Betr Entertainment Limited has notified the market of the issue of 268,150 unquoted performance share rights under its employee incentive scheme, with an issue date of 19 June 2026. The grant of these unquoted rights underscores the company’...
Betr Entertainment Updates Market on Ongoing Share Buy-Back Activity
Jun 19, 2026
Betr Entertainment Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares under the code BBT. The latest daily update shows that the company had repurchased a tota...
Betr Entertainment provides daily update on ongoing share buy‑back
Jun 16, 2026
Betr Entertainment Limited has updated the market on its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The announcement confirms that the company is continuing to actively repurchase stock on the ASX as p...
Betr Entertainment Updates Market on Daily Progress of Share Buy-Back
Jun 16, 2026
Betr Entertainment Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily filing, dated 16 June 2026, reports that the company repurchased...
Betr Entertainment Continues Daily On‑Market Share Buy‑Back Updates
Jun 8, 2026
Betr Entertainment Limited has updated the market on its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The company reported that, as of the latest notification, it had repurchased a cumulative total of 2,...
Betr Entertainment Continues On-Market Share Buy-Back With Daily ASX Update
Jun 3, 2026
Betr Entertainment Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily report shows the company has repurchased a cumulative 2,706,908 ...
Betr Entertainment Continues On‑Market Share Buy‑Back Program
Jun 2, 2026
Betr Entertainment Limited, traded on the ASX under ticker BBT, is an entertainment and betting company with ordinary fully paid shares on issue. It participates in the public capital markets to manage its share base and investor exposure.The comp...
Betr Entertainment Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Jun 1, 2026
Betr Entertainment Limited has provided an updated notification to the ASX regarding its on‑market share buy‑back of ordinary fully paid shares. The company reported that a total of 2,625,586 shares had been repurchased prior to the la...
Betr Entertainment Cuts Share Count After On-Market Buy-Back
May 29, 2026
Betr Entertainment Ltd. has cancelled 880,317 ordinary fully paid shares following completion of an on-market buy-back. The move reduces the company’s issued capital and may signal an effort to optimise its capital structure and potentially ...
Betr Entertainment Corrects Details in Ongoing On-Market Share Buy-Back Notice
May 29, 2026
Betr Entertainment Limited has issued an updated notification regarding its ongoing on-market share buy-back of ordinary fully paid shares under ASX code BBT. The update corrects administrative details in a prior filing, clarifying that the curren...
Betr Entertainment Continues On‑Market Share Buy‑Back Program
May 28, 2026
Betr Entertainment Limited has updated the market on its ongoing on‑market share buy‑back program for its ordinary fully paid shares, reporting that a total of 2,551,529 shares had been repurchased prior to the latest trading day and a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.