Friday, April 25, 2025
12.3 C
London
HomeFinTechBetMakers Technology Group: Improves losses in FY2020

BetMakers Technology Group: Improves losses in FY2020

Date:

CME Group Launches XRP Futures: A New Era in Crypto Derivatives

Exploring the impact of XRP futures on institutional and...

Revolut’s Karma System: Linking Risky Behavior to Staff Bonuses

How Revolut's innovative approach to compliance is reshaping corporate...

Revolut Ties Employee Bonuses to Risky Behaviors: Implications for Risk Management

Understanding the Impact of Performance Incentives on Corporate Risk...
  • 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

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories