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BetMakers Technology Group: Improves losses in FY2020

August 26, 2020

BetMakers Technology Group (BET) has revealed improving losses in its 2020 full-year financial report
The company generated an annual loss after tax of $2.14M, an improvement of around $1.5M against last year
Meanwhile, the company increased its revenue by 39 per cent to $8.58 million as part of an overall growth strategy
Todd said the company has consolidated its position during the quarter and seen significant growth, despite a difficult industry environmen
The company finished the year with $31.6 million in cash and no debt
BetMakers Technology Group closed 5.21 per cent down for 45.5 cents per share