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JUMBO INTERACTIVE LIMITED — Interim / Quarterly Report 2026
Feb 24, 2026
65161_rns_2026-02-24_aee53e65-407e-4ade-acf2-5bf8ad0f1540.pdf
Interim / Quarterly Report
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ASX Announcement
25 February 2026
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Jumbo delivers strong 1H26 performance against a backdrop of subdued large jackpots; Upgrades FY26 Outlook for DCG UK and Canada
Jumbo Interactive Limited (ASX:JIN) ( Jumbo ) today announced its results for the half year ended 31 December 2025.
Jumbo Managing Director, CEO and Founder Mike Veverka said “ Integration of our recent acquisitions in the UK and USA have progressed well with the UK in particular exceeding our expectations, leading to an upgrade in our outlook for that business. Canada is another highlight which has performed ahead of expectations. The resilient performance of the Australian Lottery Retailing business was highlighted by achieving the same level of ticket sales as the prior comparative period, despite a 13% decline in the average value of large jackpots. In this half, approximately 50% of Group EBITDA was derived outside of the Australian Lottery Retailing business .”
Jumbo reported strong double digit growth across key Group metrics. Underlying Group EBITDA of $37.5 million (1H25: $30.6 million) was up 22.6% on the pcp, reflecting a resilient performance in the Australian business, strong growth in Managed Services and the positive contribution from recent acquisitions, in particular Dream Car Giveaways UK which is performing ahead of expectations.
Australia
Lottery Retailing
The large jackpot environment in 1H26 was subdued. There were 10 large Powerball and Oz Lotto jackpots[1] (1H25: 13) with an aggregate Division 1 prize value of $410 million (1H25: $610 million). Notably, there were no jackpots of $100 million or more in 1H26 (1H25: 2), contributing to a 32.8% decline in total prize value and a lower average jackpot of $41 million (1H25: $47 million). Despite the soft jackpot environment, Lottery Retailing delivered a resilient performance with TTV broadly flat and revenue up 5.5% on the pcp, supported by continued momentum in charity and proprietary products which resulted in a higher revenue margin of 24.8% (1H25: 23.4%).
SaaS
Jumbo licenses its digital lottery platform to government and charity lottery operators with the advantage of operating in a dual role as both developer and client of its proprietary lottery software. The SaaS segment continues to perform well with TTV up 9.9%. This growth was achieved despite the soft jackpot environment, which also impacted Lotterywest TTV during the half. Excluding Lotterywest, TTV was up 12.4% with revenue up 22.6%.
Despite the subdued large jackpot environment, the underlying EBITDA for Australia was down only 3.4% to $27.0 million (1H25: $27.9 million). This was equivalent to an underlying EBITDA margin of 47.2% (1H25: 51.9%), in line with the 46%-50% guidance range.
1 Division 1 prize value greater or equal to $30 million.
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Jumbo Interactive Ltd | ABN 66 009 189 128 | Level 11, 135 Coronation Drive, Milton Qld 4064 www.jumbointeractive.com
ASX Announcement
25 February 2026
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Managed Services
Jumbo provides its lottery platforms as well as lottery management and fulfillment services to charities and good causes, enabling them to establish a new lottery program or enhance an existing program. Managed Services delivered a strong performance with good momentum in Canada and disciplined execution in the UK, resulting in underlying EBITDA of $4.1 million (1H25: $2.7 million), up 51.3% on the pcp.
Dream Giveaways
In October 2025, Jumbo acquired Dream Car Giveaways[1] ( DCG UK ) and Dream Giveaway[2] ( DG USA ). The performance of these businesses has been presented in a separate ‘Dream Giveaways’ segment in Jumbo’s 1H26 disclosures. The 1H26 result reflects a 2[1/2] -month contribution from DCG UK and 2-month contribution from DG USA. In aggregate, this segment contributed $6.5 million in underlying EBITDA with DCG UK ahead of and DG USA in line with expectations.
Key Group Financials
| $M | 1H26 | 1H25 | Variance | Var % |
|---|---|---|---|---|
| TTV – Group | 524.0 | 453.4 |
70.6 | 15.6% |
| TTV – Lottery Retailing | 207.9 | 208.3 | (0.4) | (0.2%) |
| TTV – SaaS | 136.8 | 124.4 | 12.3 | 9.9% |
| Revenue – Group | 85.3 | 66.1 | 19.1 | 29.0% |
| Underlying1 EBITDA – Group | 37.5 | 30.6 |
6.9 | 22.6% |
| Underlying1EBITDA – Australia | 27.0 | 27.9 |
(0.9) | (3.4%) |
| Underlying1EBITDA – Managed Services | 4.1 | 2.7 |
1.4 | 51.3% |
| Underlying1EBITDA – Dream Giveaways | 6.5 | - | 6.5 | -% |
| Underlying1 NPAT2 – Group | 19.9 | 17.3 |
2.5 | 14.7% |
| Underlying1 NPATA3 – Group | 22.8 | 18.6 |
4.2 | 22.6% |
Dividend and Capital management
As announced at Jumbo’s Annual General Meeting in November 2025, following completion of the DCG UK and DG USA acquisitions and the associated increase in debt, the Board revised Jumbo’s dividend payout ratio to a range of 30% to 50% of statutory Group NPAT. The revised payout ratio is intended to maintain balance sheet strength, support debt reduction and ensure Jumbo remains well positioned to deliver sustainable long-term shareholder returns.
In line with this approach and the ongoing positive cash generation of the business, the Board has determined to pay an interim, fully franked dividend of 12.0 cents per share. This translates to a dividend payout ratio of 49.2%, at the top end of our targeted 30% to 50% dividend payout ratio range.
1 Refer to ASX Announcement on 15 October 2025.
2 Refer to ASX Announcement on 30 October 2025.
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Jumbo Interactive Ltd | ABN 66 009 189 128 | Level 11, 135 Coronation Drive, Milton Qld 4064 www.jumbointeractive.com
ASX Announcement
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25 February 2026
As part of a proactive approach to capital management, the on-market share buyback program[1] will continue on a disciplined and opportunistic basis, with the timing and number of shares to be purchased dependent on the prevailing share price and alternative capital deployment opportunities.
FY26 Outlook upgraded
The Group’s FY26 outlook disclosed at the AGM in November 2025 remains unchanged except for the following items:
-
The underlying EBITDA contribution from DCG UK is expected to be in the range of £8.0 million to £8.3 million (previously £7.0 million to £7.3 million), reflecting a contribution for approximately eight and a half months; and
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The underlying EBITDA growth for Stride (Canada) is expected to be in the range of 20% to 25% (previously 5% to 10%) on the pcp.
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1 Commenced in September 2022 and conducted on an opportunistic basis. As at 25 February 2026, $11.4m of shares at been purchased at an average price of $12.25. Jumbo reserves the right to vary, suspend or terminate the program at any time.
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Jumbo Interactive Ltd | ABN 66 009 189 128 | Level 11, 135 Coronation Drive, Milton Qld 4064 www.jumbointeractive.com
ASX Announcement
25 February 2026
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1H26 investor/analyst briefing
A briefing for investors and analysts will be held on Wednesday 25 February at 10.00am (Brisbane/AEST).
To register to access the webcast please click on the following link: Jumbo Interactive Limited 1H26 Results Briefing
To register to access the conference call please click on the following link: https://s1.c-conf.com/diamondpass/10052681-nxe5c9.html
This announcement was authorised for release by the Board of Directors.
For further information contact:
Investor Relations
Media
Jatin Khosla Mike Veverka CFO Managing Director, CEO & Founder +61 428 346 792 +61 7 3831 3705 [email protected] [email protected]
About Jumbo Interactive
Jumbo Interactive Ltd (ASX:JIN) brings together technology, creativity, and purpose to deliver winning experiences through digital lotteries and prize draws. Our B2B SaaS platforms and Managed Services power both government and charity fundraising programs, while our B2C brands - including Oz Lotteries, Dream Car Giveaways, and Dream Giveaway - connect millions of customers to life-changing prizes and meaningful causes.
Since 1995, Jumbo has grown from a single-computer start-up into an ASX-listed global group operating across Australia, the United Kingdom, and North America. Today, we’re reimagining how people engage with lotteries and prize draws online - making it simpler, more engaging, and more impactful for everyone involved.
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Jumbo Interactive Ltd | ABN 66 009 189 128 | Level 11, 135 Coronation Drive, Milton Qld 4064 www.jumbointeractive.com