Jumbo Interactive Ltd
ASX:JIN
Jumbo Interactive Ltd
Jumbo Interactive Ltd. engages in online lottery business and retailing activity in Australia. The company is headquartered in Toowong, Queensland. The firm provides purchasing experience for its customers through various digital platforms. The firm's segment includes Lottery Retailing, Software-as-a-Service (SaaS) and Managed Services. Lottery Retailing segment includes the sale of lottery tickets through Internet and mobile devices. Jumbo's SaaS segment licenses the JumboLotto lottery software platform to customers nationally, including to ozlotteries.com, and develops and maintains the JumboLotto platform. Managed Services segment offers lottery management services, such as prize procurement, game design, campaign marketing, customer relationship and draw management to the operators.
Jumbo Interactive Ltd. engages in online lottery business and retailing activity in Australia. The company is headquartered in Toowong, Queensland. The firm provides purchasing experience for its customers through various digital platforms. The firm's segment includes Lottery Retailing, Software-as-a-Service (SaaS) and Managed Services. Lottery Retailing segment includes the sale of lottery tickets through Internet and mobile devices. Jumbo's SaaS segment licenses the JumboLotto lottery software platform to customers nationally, including to ozlotteries.com, and develops and maintains the JumboLotto platform. Managed Services segment offers lottery management services, such as prize procurement, game design, campaign marketing, customer relationship and draw management to the operators.
Strong Growth: Jumbo delivered double-digit growth across key financial metrics, with group TTV up 16%, revenue up 29%, and underlying EBITDA and NPATA both rising 23%.
International Expansion: International operations now represent 34% of profits, up from 0% eight years ago, driven by strong performance in the U.K. and U.S. acquisitions.
Upgraded Guidance: EBITDA guidance for Stride in Canada was raised to 20–25% growth (from 5–10%), and for Dream U.K. to GBP 8–8.3 million (from GBP 7–7.3 million).
Dividend at Top Range: The board declared an interim fully franked $0.12 per share dividend, a 49% payout at the top end of the target range.
Integration Progress: Integration of acquisitions is ahead of schedule, with operational and governance foundations in place and upside seen beyond initial expectations.
Australian Resilience: Despite a historically lean jackpot period, Australian operations maintained market share and margins, supported by charity and proprietary product growth.
