(AsiaGameHub) –   Betr Entertainment recorded a modest yet steady performance during the third quarter of fiscal 2026, characterized by an uptick in sales and profitability aligning with targeted margin ranges.

The firm reported a quarterly turnover of A$383 million, marking a 2% rise compared to the previous year, alongside a gross win of A$38.2 million. As of March 31, 2023, Betr held cash reserves of A$28.7 million. An outflow of A$8.9 million occurred during the quarter, primarily attributed to one-off restructuring expenses.

These figures indicate enhanced operational stability, stemming from Betr’s exit from the US market and its intensified concentration on Australian business activities.

Active customer numbers grew by between 25% and 35%, driven by effective marketing initiatives and a refreshed brand identity. Concurrently, total marketing expenditures dropped by 10.7% as the company cut back on inefficient promotional spending.

According to CEO Andrew Menz, the company has seen improvements in both customer quality and operational efficiency, alongside continuing growth prospects within the Australian market.

Betr upheld its guidance for the second half of FY26, projecting normalised EBITDA to land between A$5 million and A$8 million. For FY27, normalised EBITDA is forecast to range from A$13 million to A$19 million, with revenue growth expected to be in the mid-to-high single digits, fueled by ongoing product development and enhanced customer engagement.

Although the operational updates were positive, investor reaction remained subdued. Shares were trading flat at A$0.18, sitting just 1 cent above their six-month low of A$0.17 and significantly below the six-month high of A$0.28 recorded in late January.

Andrew Menz emphasized that the company continues to prioritize disciplined expenditure over aggressive market share acquisition through increased incentives.