Betmakers Financial Statements From 2010 to 2024
| TPBTF Stock | USD 0.05 0.00 0.00% |
Check Betmakers Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Betmakers Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Betmakers financial statements analysis is a perfect complement when working with Betmakers Technology Valuation or Volatility modules.
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Betmakers Technology Group Company Return On Equity Analysis
Betmakers Technology's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Betmakers Technology Return On Equity | -0.46 |
Most of Betmakers Technology's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Betmakers Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Betmakers Technology Group has a Return On Equity of -0.4639. This is 112.89% lower than that of the sector and 98.89% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 49.65% higher than that of the company.
Betmakers Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Betmakers Technology's current stock value. Our valuation model uses many indicators to compare Betmakers Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Betmakers Technology competition to find correlations between indicators driving Betmakers Technology's intrinsic value. More Info.Betmakers Technology Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Betmakers Technology's earnings, one of the primary drivers of an investment's value.About Betmakers Technology Financial Statements
Betmakers Technology stakeholders use historical fundamental indicators, such as Betmakers Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Betmakers Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Betmakers Technology's assets and liabilities are reflected in the revenues and expenses on Betmakers Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Betmakers Technology Group. Please read more on our technical analysis and fundamental analysis pages.
Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, and internationally. Betmakers Technology Group Ltd was incorporated in 2013 and is headquartered in The Junction, Australia. Betmakers Technology operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 500 people.
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Other Information on Investing in Betmakers Pink Sheet
Betmakers Technology financial ratios help investors to determine whether Betmakers Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Betmakers with respect to the benefits of owning Betmakers Technology security.