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Betr Entertainment Limited (BBT) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$166M

BE Betr Entertainment Limited BBT · AU
PriceA$0.1700
Fair ValueA$0.1100
Upside-35.3%
Quality92/100
Evidence: Low Range A$0.1000 – A$0.1300

Fair value as of: Jun 26, 2026

From 5 valuation models · updated 3 days ago

Share price −2.9% over the past month.

Price vs Fair Value (12 months)

A$0.3297 A$0.1648 Fair Value A$0.1100 Jun 2025 Jun 2026

12‑month range A$0.1648 – A$0.3297 · fair‑value band A$0.1000 – A$0.1300 · the A$0.1700 price screens above the A$0.1100 fair value. As of Jun 26, 2026.

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Analysis

Betr Entertainment Limited (BBT) currently trades at A$0.1700, while our model-based Fair Value estimate is A$0.1100 — implying the stock looks roughly 35.3% overvalued today. We read business quality at 92/100 (high quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Betr Entertainment Limited generated revenue of A$140M at a net margin of -27.6%. Revenue grew 12.4% year over year. It earns a return on equity of -40.3%. The balance sheet holds a net cash position of A$65.9M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$140M
Revenue growth (YoY) +12.4%
Net margin -27.6%
Return on equity -40.3%
Free cash flow −A$19.7M FY2024
Operating margin -40.4%
More key figures
EPS (TTM) A$-0.0500
Net cash A$65.9M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Betr Entertainment Limited provides sports and racing betting products and services to online and telephone clients, via its innovative online wagering platform, and mobile applications in Australia and North America. It operates its plateform under the betr, BlueBet, and TopSport brand names. BETR Entertainment Limited was formerly known as BlueBet Holdings Ltd and changed its name to Betr Entertainment Limited in April 2025. The company was founded in 2015 and is headquartered in Sydney, Australia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Betr Entertainment Limited reported revenue of A$132M in FY2024 versus A$32.4M in FY2020, a compound +42.1%/yr. Reported net income was −A$6.8M in FY2024.

Revenue +42.1%/yr
FY20 A$32.4M
FY21 A$49.7M
FY22 A$49.0M
FY23 A$57.6M
FY24 A$132M
Net income
FY20 A$3.0M
FY21 −A$6.1M
FY22 −A$18.8M
FY23 −A$46.9M
FY24 −A$6.8M

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6 more Gambling stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Allwyn AG GRKZF $15.25 $13.75 -10%
Flutter Entertainment plc FLUT $101.99 $113.19 +11%
Evolution AB EVGGF $70.95 $213.00 +200%
DraftKings Inc DKNG $25.37 $0.8500 -97%
The Lottery Corporation LTRCF $3.80 $2.03 -47%

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Frequently asked questions

Is Betr Entertainment Limited (BBT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.1100 versus a price of A$0.1700 — about −35% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BBT?
Our 21-model fair value for Betr Entertainment Limited is A$0.1100 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.1700.
What is the quality score of BBT?
Betr Entertainment Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Betr Entertainment Limited (BBT)?
Betr Entertainment Limited reported trailing-twelve-month revenue of about A$140M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BBT?
The net profit margin of Betr Entertainment Limited is about -27.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.