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BETR Entertainment Limited (ASX:BBT)

ALERT: Price-sensitive ASX Announcement for BBT
Current share price for BBT : $0.185 -0.04 (-17.78%)+
Announcement
Release
14 Jan 2026 10:02AM
Price at Release
$0.225
Full Release
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Summary
BETR Entertainment Limited, listed on the Australian Securities Exchange (ASX:BBT), announced a trading update for the three months ending 31 December 2025. The company reported a significant growth in turnover, increasing by 24.5% compared to the previous year with a customer base of 163,504 active users. Despite a lower net win margin during the Spring Racing Carnival affecting quarterly results, margins have improved in December and January. BETR also plans an on-market buy-back of up to 10% of its shares, viewing this as an efficient method to enhance shareholder value without affecting its M&A strategy. The buy-back will adhere to the Corporations Act and ASX Listing Rules.
Key Points
  • Turnover growth of 24.5% for Q2 FY26.
  • 163,504 active customers as of 31 December 2025.
  • Net win margin was adversely impacted but returned to trend by December.
  • Proposed buy-back of up to 10% of shares to enhance shareholder value.
  • Buy-back will not affect the company's M&A strategy.
  • Buy-back will be conducted following the Corporations Act and ASX Listing Rules.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.