Betr Executive Chairman Matthew Tripp and CEO Andrew Menz used the company’s 2025 AGM to highlight a transformative year. The company’s strategic priorities, operational milestones, and financial performance exceeded expectations, positioning Betr for strong growth in FY26.
Tripp detailed key developments including the merger with BlueBet, integration of the TopSport customer database, and an attempted, albeit unsuccessful, takeover of PointsBet. Despite this, Betr secured a strategic shareholding in PointsBet and strengthened its investor base. Extended financing support through National Australia Bank, lasting until July 2026, further solidifies the company’s position. Operational synergies outperformed forecasts by 20%, and normalised EBITDA reached A$7.2 million, surpassing market expectations by over 15%.
CEO Andrew Menz highlighted that Betr achieved double-digit turnover growth and successfully scaled customer acquisition while retaining clients at higher rates. The company’s CRM and AI capabilities delivered structural margin advantages across its Australian operations. Product innovation and app improvements enhanced brand positioning, while safer gambling and regulatory compliance remained central to the business model.
Looking forward, Betr plans to continue consolidating the Australian market through disciplined M&A activity, invest in high-return growth initiatives, and expand leadership in data-driven wagering systems. Both executives credited the workforce for managing a complex year marked by mergers, migrations, and operational scaling, describing the team’s performance as exemplary under pressure.
With these achievements, Betr is firmly on track to achieve Tier-1 operator status in Australia, combining financial strength, technological innovation, and strategic market positioning to shape the next phase of its growth trajectory.
