Jumbo Interactive posts $85.2M FY26 earnings
- Jumbo Interactive reported record underlying EBITDA of $85.2 million for the full year ended June 30, representing a 25% increase from $68.3 million in FY25.
- Following the announcement, the company's stock fell 5.8% to $7.27.
- Management pointed to offshore expansion into the UK and US markets alongside growth in managed services as primary long-term strategic growth drivers.
Jumbo Interactive (ASX:JIN) reported record underlying EBITDA of $85.2 million for the full year ended June 30, a 25% hike to $68.3 million in FY25.
The underlying earnings increase occurred despite quieter large jackpot activity in Australia, where Division 1 prize values fell to $960 million from $1.53 billion in the prior year.
"The acquisitions of Dream Car Giveaways in the UK and Dream Giveaway in the US marked Jumbo’s significant move into international B2C markets, building a new growth engine alongside our established Australian business," said Jumbo Managing Director, CEO and Founder Mike Veverka.
The company stated that international B2C prize draw acquisitions in the UK and US expanded its total transaction value by 13% to $1.13 billion.
Following the announcement, the Jumbo Interactive share price was down at $7.40.
The business achieved full-year statutory EBITDA of $76.5 million alongside a fully franked final dividend of 27 cents per share.
The company stated that FY27 will serve as an investment year aimed at accelerating digital platform development across its global network.
