Jumbo Interactive (ASX:JIN) has signaled a robust start to the 2026 fiscal year, reporting a preliminary underlying group EBITDA of $37.5 million for the first half.
This represents a 22.6% increase over the previous year, a feat made more impressive by what the company described as a "subdued" large jackpot environment in the Australian market.
The lottery retailer faced a challenging backdrop, with only 10 large Powerball and Oz Lotto jackpots occurring during the half, compared to 13 in H1 FY25.
The period lacked any "mega-jackpots" of $100 million or more, leading to a 32.8% decline in total aggregate prize value.
Despite this, Jumbo’s core Lottery Retailing segment remained resilient, while its SaaS and Managed Services arms provided critical growth buffers.