betr Entertainment reports FY26 turnaround and affirms FY27 outlook

betr Entertainment Limited (ASX:BBT), an Australian digital wagering operator, has announced its annual results for the financial year ending 30 June 2026. The company reported a significant turnaround in the second half of FY26, with normalised EBITDA reaching $6.1 million, marking a $19.3 million improvement compared to the first half of the year.

Looking toward FY27, the company has affirmed its normalised EBITDA guidance to be between $13 million and $19 million and expects to be operating cash flow positive for the full year. CEO Andrew Menz attributed the performance to a period of deliberate investment followed by disciplined execution, noting that Net Win growth outpaced the market by approximately two times.