Earnings release
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betr Entertainment Limited | 9/8 Spring Street, Sydney NSW 2000 | www.betr.com.au ASX Announcement (ASX:BBT) 28 October 2026 betr Q1 FY27 Results and Trading Update Strong turnover growth; margin rebound in October; FY27 guidance reaffirmed betr Entertainment Limited (betr or the Company) is pleased to announce its quarterly results for the three months to 30 September 2026 (Q1 FY27) and an update on trading for the financial year to date (FYTD). Highlights • Turnover up 19.1% to $432.3 million in Q1; Net Win up 14.9% FYTD • Margin rebounding in October to date after customer-friendly results in Q1 • FY27 guidance1 reaffirmed: normalised EBITDA of $13-19 million and positive operating cash flow, with upcoming regulatory reforms not expected to materially impact betr's trading Results overview Chief Executive Officer, Andrew Menz, commented: “We’re very pleased with the growth we experienced in Q1 with our investment in product and brand converting to desirable customer activity heading into spring. “Products like Wildcards are bringing in new, high-quality customers and winning a larger share of wallet in our most-important season. “While Q1 had some customer-friendly results, margin has rebounded strongly in October. We are ready for the upcoming regulatory changes and reaffirm our FY27 guidance. ” AUTHORISATION This announcement has been authorised for lodgement to the ASX by the betr Board of Directors 1. Normalised EBITDA excludes one-off costs and share based payments. Assumes historical Net Win margins (above 10%) and no material regulatory, taxation or cost of sales changes. Operating cash flow is expected to broadly mirror normalised EBITDA, weighted to H2. 2. Unaudited trading results for the period to and including Monday 26 October 2026. Changes vs PCP are calculated using unrounded figures.
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betr Entertainment Limited | 9/8 Spring Street, Sydney NSW 2000 | www.betr.com.au —END— For further information, please contact: Investor enquiries Media enquiries Daniel Bevan Jackson Eldridge Head of External Affairs Sodali & Co investor@betr.com.au jackson.eldridge@sodali.com About betr Entertainment Limited (ASX:BBT) betr is a pure-play digital wagering operator listed on the Australian Securities Exchange (ASX) focusing solely on the Australian wagering market. betr has a world-class board led by prominent Australian wagering industry figures Matthew Tripp and Michael Sullivan, and a highly experienced management team