BETMAKERS TECHNOLOGY GROUP LTD — Interim / Quarterly Report 2015

Jan 28, 2016

29!January!2016!

Quarterly!Activities!Report!for!the!period!ending!31!December!2015!

Online!Wagering!and!Fantasy!Sports!Company!TopBetta!Holdings!Limited!(ASX:TBH)!(“TopBetta”!or!the! “Company”)!has!released!its!Appendix!4C!for!the!3!month!period!ended!31!December!2015.!

HIGHLIGHTS!FOR!THE!QUARTER!

• Successful!ASX!listing!on!11!December!2015!following!$6m!IPO!managed!by!Foster!Stockbroking!!

• Highly!successful!launch!of!the!unique!“TopBetta!Tournaments”!platform!in!midSOctober,!to! complement!the!Company’s!online!wagering!and!digital!content!offerings!

• Record!cash!receipts!of!$710k!for!the!quarter,!up!more!than!100%!on!the!previous!quarter!ended! 30!September!2015!

• Registered!active!users!increased!to!2,800!by!31!December!2015!!

• Net!operating!cash!outflows!of!$629K!for!the!quarter,!with!$5.26m!of!cash!reserves!to!fund!the! Company’s!growth!initiatives!in!2016!and!beyond!

• Strong!start!to!2016!with!two!partnership!deals!announced!to!monetise!the!fantasy!wagering! platform!!

• Unaudited!revenues!for!the!month!of!January!2016!are!on!track!to!deliver!the!highest!turnover! and!revenue!month!to!date!

SUCCESSFUL!LISTING!!

The!Company!commenced!trading!on!the!Australian!Securities!Exchange!on!11!December!2015!after! successfully!raising!$6!million!in!an!Initial!Public!Offering!(“IPO”).!!

Under!the!IPO,!30!million!new!shares!were!offered!at!$0.20!per!share,!giving!the!Company!an!initial!market! capitalisation!of!$19!million.!!!

TOPBETTA!TOURNAMENTS!!

In!October!2015,!TopBetta!launched!its!proprietary!‘Fantasy!Wagering’!platform!–!‘TopBetta!Tournaments’.! TopBetta!Tournaments!are!unique!products!in!the!Australian!market!and!offer!an!exciting!alternative!to! pure!odds!betting.!!

Since!October,!TopBetta!has!run!the!largest!tournament!to!date!of!$106,000!with!88!participants!and!the! $50,000!Magic!Millions!tournament,!which!attracted!more!then!360!participants.!

STRONG!START!TO!2016!

The!Company!is!pleased!with!the!start!to!the!2016!calendar!year,!with!new!partnership!deals!signed!with! G1X.COM!and!EON!Sports!Radio.!!

On!31[st] !December!2015,!TopBetta!announced!the!exclusive!partnership!deal!with!digital!horse!racing!media! business!G1X.com.au!(“G1X”)!to!provide!G1X!with!its!own!fantasy!wagering!products!and!promotions.!!

In!addition!to!the!G1X!deal,!the!Company!secured!an!exclusive!partnership!with!new!digital!radio!platform! EON!Sports!Radio.!!Under!the!partnership,!TopBetta!are!now!named!as!the!sole!race!wagering!and!fantasy! tournament!operator!promoted!on!EON!Sports!Radio!and!its!associated!website!and!mobile!app.!!

The!deal!utilises!the!talent!from!‘The!Punters!Show’,!providing!unique!content!to!EON!Sport!Radio!through! a!Saturday!Racing!Show.!!

These!partnership!deals!have!paved!the!way!for!TopBetta!to!monetise!these!partners’!customer!bases!with! its!first!to!market!wagering!products!and!the!Company!looks!forward!to!updating!the!market!with!further! partnerships!in!the!future.!!

AFTER!BALANCE!DATE!REVENUES!!

Unaudited!revenues!for!the!month!of!January!2016!are!on!track!to!deliver!the!highest!turnover!and! revenue!month!to!date.!!

Through!its!integrated!online!wagering,!fantasy!sports!and!digital!content!offerings,!TopBetta!is!uniquely! positioned!to!aggressively!grow!its!share!of!the!Australian!market.!!

The!Company!is!focused!on!achieving!continued!strong!customer!and!revenue!growth!in!2016.!

For!further!information!please!contact:!!

Charly!Duffy! Jane!Morgan!! Company!Secretary! Investor!&!Media!Relations!! companysecretary@topbetta.com investors@topbetta.com +!61!(0)!409!083!780!!!! +!61!(0)!405!555!618!!

2

Appendix(4C(( Quarterly(report(for(entities(( admitted(on(the(basis(of(commitments(

Rule 4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10

		Name of entity		Quarter ended (“current quarter”) 31 December 2015	Quarter ended (“current quarter”) 31 December 2015
		TopBettaHoldingsLimited
		ABN 21 164 521 395 Consolidated statement of cash flows
				31 December 2015
	Cashflowsrelatedtooperatingactivities 1.1 Receiptsfromcustomers1 1.2 Paymentsfor (a)staffcosts (b)advertisingandmarketing (c)researchanddevelopment (d)leasedassets (e)otherworkingcapital 1.3 Dividendsreceived 1.4 Interest and other items of a similar nature received 1.5 Interestandothercostsoffinancepaid 1.6 Incometaxespaid 1.7 Other(providedetailsifmaterial) 1.7(a) OtherR&DTaxRebateReceived 1.7(b) OneXoff costs in preparation for conversion to publiccompanyandlisting Netoperatingcashflows		Currentquarter $A’000		Yeartodate(6months) $A’000
			710 (253) (196) (312) (23) (703) - - 10 - - 416 (259)		1,009 (515) (229) (529) (38) (1,061) - - (32) - - 416 (302)
			(629)		(1,277)

1 Calculated as total wagers placed less total payout, tournament entry fees and buy-in amounts less payouts, the net change in balance in customer accounts, plus payment received from customers for content services.

+!See!chapter!19!for!defined!terms.!

Appendix!4C!Page!1!

17/12/2010! !

Appendix(4C(( Quarterly(report(for(entities(( admitted(on(the(basis(of(commitments(

		Currentquarter $A’000	Yeartodate (.......months) $A’000
1.8	Netoperatingcashflows(carriedforward)	(629)	(1,277)
	Cashflowsrelatedtoinvestingactivities
1.9	Paymentforacquisitionof: (a)businesses(item5) (b)equityinvestments (c)intellectualproperty (d)physicalnonXcurrentassets (e)othernonXcurrentassets	- - - (2) -	- - - (7) -
1.10	Proceedsfromdisposalof: (a)businesses(item5) (b)equityinvestments (c)intellectualproperty (d)physicalnonXcurrentassets (e)othernonXcurrentassets	- - - - -	- - - - -
1.11	Loanstootherentities	-	-
1.12	Loansrepaidbyotherentities	-	-
1.13	Other(providedetailsifmaterial)	-	-
	Netinvestingcashflows	(2)	(7)
1.14	Totaloperatingandinvestingcashflows	(631)	(1,284)
	Cashflowsrelatedtofinancingactivities
1.15	Proceedsfromissuesofshares,options,etc.	6,108	7,309
1.16	Proceedsfromsaleofforfeitedshares	-	-
1.17	Proceedsfromborrowings	-	-
1.18	Repaymentofborrowings	(203)	(436)
1.19	Dividendspaid	-	-
1.20	Other(providedetailsifmaterial)	-	-
	Other(Capital raisingcosts)	(665)	(760)
	Netfinancingcashflows	5,240	6,113
	Netincrease(decrease)incashheld	4,609	4,829
1.21	Cashatbeginningofquarter/yeartodate	653	432
1.22	Exchangerateadjustmentstoitem1.20
1.23	Cashatendofquarter	5,262	5,262

+!See!chapter!19!for!defined!terms.!

Appendix!4C!Page!2!

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Appendix(4C(( Quarterly(report(for(entities(( admitted(on(the(basis(of(commitments(

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

• 1.24! Aggregate!amount!of!payments!to!the!parties!included!in!item!1.2! 1.25! Aggregate!amount!of!loans!to!the!parties!included!in!item!1.11!

Current!quarter! $A'000 22 N/A!

• 1.26! Explanation!necessary!for!an!understanding!of!the!transactions!

• Payments relate to invoices for services from Ferghana Capital, an entity controlled by Matthew Cain, issued for periods prior to Mr Cain becoming a director.

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

• The Company has received $415,816 in cash in association with the FY2015 R&D Tax Rebate. In FY2016, the Company has provided for, but not received, a further tax rebate of $210,209.

• 2.2 Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest

Financing(facilities(available(

Add#notes#as#necessary#for#an#understanding#of#the#position.#

3.1 Loanfacilities 3.2 Creditstandbyarrangements	Amountavailable $A’000	Amountused $A’000
	N/A	N/A
	N/A	N/A

+!See!chapter!19!for!defined!terms.!

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Appendix(4C(( Quarterly(report(for(entities(( admitted(on(the(basis(of(commitments(

Reconciliation(of(cash(

admittedonthebasisofcommitments Reconciliationofcash
Reconciliationofcashattheendofthequarter(as shownintheconsolidatedstatementofcashflows) totherelateditemsintheaccountsisasfollows.	Currentquarter $A’000	Previousquarter $A’000
4.1 Cashonhandandatbank 4.2 Depositsatcall 4.3 Bankoverdraft 4.4 Other(providedetails)	1,762	653
	3,500	Nil
	Nil	Nil
	N/A	Nil
Total:cashatendofquarter(item1.23)	5,262	653

Acquisitions(and(disposals(of(business(entities(

5.1 Nameofentity 5.2 Place of incorporation or registration 5.3 Considerationfor acquisition or disposal 5.4 Totalnetassets 5.5 Natureofbusiness	Acquisitions (Item1.9(a))	Disposals (Item1.10(a))
	N/A	N/A
	N/A	N/A
	N/A	N/A
	N/A	N/A
	N/A	N/A

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.

• 2 This statement does give a true and fair view of the matters disclosed.

Sign here: ............................................................ Date: 29/01/16 (Company Secretary)

Print name: Charly Duffy

Notes

1. The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position.

+!See!chapter!19!for!defined!terms.!

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Appendix(4C(( Quarterly(report(for(entities(( admitted(on(the(basis(of(commitments(

An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

1. The definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report except for any additional disclosure requirements requested by AASB 107 that are not already itemised in this report.

2. Accounting Standards. ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

+!See!chapter!19!for!defined!terms.!

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