Betmakers (ASX:BET) Slumps on FY22 Results
Betmakers Technology Group [ASX:BET] saw FY22 revenue rise 371% to $91.7 million but net loss widen 411% to $89.2 million.

Betmakers Technology Group [ASX:BET] saw FY22 revenue rise 371% to $91.7 million but net loss widen 411% to $89.2 million.

In just over 12 years, the most populous US state will only sell new cars if they don’t run on petrol. This means the transition towards this goal is likely already underway.

Flight Centre Travel Group [ASX:FLT] released its FY22 results on Thursday, with FLT shares falling 5%.

Lithium producer Allkem [ASX:AKE] saw its FY22 revenue increase more than 800% to US$770 million as former Galaxy Resources assets were incorporated following the merge with Orocobre, which gave rise to Allkem.

BNPL stock Zip Co [ASX:Z1P] saw FY22 net loss balloon to more than $1 billion as the fintech talks up cash burn reduction and profitability pathway.

Logistics software business WiseTech Global [ASX:WTC] released its FY22 results, revealing profits rose 80%, with CargoWise revenue up 37% and total revenue up 26%.
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