Acceler8 Ventures (AC8) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
7 Oct, 2026KPI growth
Connected Lucky World shops reached 13,651 at Sept 2026 vs 3,621 at Sept 2025 (+277%); registered users reached 1.7m vs 0.8m (+113%).
Lucky World lottery transaction value was RMB 2.1bn for 9M to Sept 2026 vs RMB 0.1bn (+2,000%); merchandise revenue was RMB 2.1m vs RMB 0.4m (+425%).
UGO UnionPay POS terminals reached 754 at Sept 2026 vs 633 at Sept 2025 (+19%).
Strategic and operational progress
Wider Sports Lottery + rollout began in Sept 2026 after deployment in Hohhot; expansion to additional provinces is planned over the following six months.
Upgraded merchant application and shop management system simplifies retailer registration and activation; early results showed connection rates reaching 90 shops per day and accelerating.
Jiangxi Sports Lottery approved the launch of Sports Lottery + in China Mobile Jiangxi business halls and shops; China Mobile serves over 1bn customers nationwide, including more than 30m in Jiangxi.
China Mobile Jiangxi will market and promote Sports Lottery +, while Hui10 operates authorised physical units and the connected digital platform through Lucky World.
Financial performance and funding
Revenue for 9M to 30 Sept 2026 was RMB 2.1m vs RMB 0.4m in 9M 2025, with Lucky World the principal source of material revenue to date.
Feoh Investments UK LLP subscribed £5m for new shares in Sept 2026 and may invest up to a further £30m in two additional tranches; strong cash reserves support growth initiatives.
Latest events from Acceler8 Ventures
- Losses increased sharply as the group transitioned to a tech operator after acquiring IIG.AC8
H1 2026 - Net liabilities rose as losses continued and new convertible loan notes funded a major proposed acquisition.AC8
H2 2025 - Losses narrowed and new funding secured to pursue acquisition opportunities.AC8
H1 2025 - Losses widened and cash reserves fell as the company remains pre-investment.AC8
H1 2024 - Losses increased and cash reserves depleted as the group pursues acquisition and urgent funding.AC8
H2 2024