BET Ann: Investor Update - 31st Jul 2023, 9:21am

[annb0t]

BET Ann: Investor Update
Price Sensitive: Y
Date: 31st Jul 2023, 9:21am

>>> Read announcement: Google: BET Market Announcements

 

[Ibetfixed]

Any thoughts from the team on here in Regards to these quarterly results?? my only comment is that it seems like climbing Everest to get the quarterly cash receipts up to $30mill

 

[maggies22]

My thoughts - Cost reduction about on par with expectations. But same thoughts, revenue is disappointing. Not that there was expectations, but I believe it’s a reduction on Q4 in prior year (note they have changed comparisons (sneaky).

Overall though about as expected.

 

[Uraniborg]

My initial thoughts…

Stagnant revenue growth and still an annualised operating cash outflow of $12M. No clear strategy. Doesn't look terribly inspiring at all.

(not held)