BET: revenue up 16.3% as adjusted EBITDA margin widens to 23.8%
BET revenue rose 16.3% year on year in Q1 FY27, with adjusted EBITDA reaching $5.9m. Source: TradingView.
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what happened
According to TradingView, BET's revenue for the first quarter of fiscal 2027 grew 16.3% year on year. Adjusted EBITDA climbed to $5.9m, lifting the margin to 23.8%.
Operating cash flow stayed positive at $2.8m. The Tabcorp scheme is still conditional and is targeted for implementation in Q3 FY27.
why it matters
For investors this signals improving profitability at a small company: revenue and cash flow are both rising, but the Tabcorp scheme has not yet been completed, so its effect on the business remains unclear.
tags
instruments
sources
- BET: Revenue rose 16.3% as adjusted EBITDA margin expanded to 23.8% — TradingView, 28 October 2026 at 22:25 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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