Jumbo Interactive (JIN) H2 2025 earnings summary

Executive summary

• Achieved the second-best result on record in FY25, following an exceptional FY24 driven by record jackpots, with strong player engagement and loyalty in lottery retailing.

• All segments showed resilience, with Managed Services outperforming margin guidance and SaaS achieving record TTV and revenue.

• Record year for diversification outside Australian Lottobloc games, with growth in international, charity, and SaaS businesses.

• Disciplined capital management included a stable dividend and ongoing share buy-back.

Financial highlights

• Group TTV was $996.1 million, down 5.5% year-over-year; revenue was $145.3 million, down 8.8%.

• Underlying EBITDA was $68.3 million (−10.8%), with a margin of 47.0%.

• Underlying NPATA was $42.3 million (−8.8%), and free cash flow was $41.9 million.

• Fully franked full year ordinary dividend of 54.5 cents per share, payout ratio of 84.7%.

• Cash conversion ratio was 104%.

Outlook and guidance

• FY26 group underlying EBITDA growth targeted at 5–10%, with Australia segment EBITDA margin guidance set at 46–50%.

• SaaS expected to deliver strong TTV growth; Managed Services guidance simplified to EBITDA growth, with 10–15% growth in the U.K. and 5–10% in Canada.

• Dividend policy unchanged; M&A and targeted acquisitions remain a top priority for growth.