Lottomatica revenue surpasses €2 billion in 2024
Lottomatica Group S.p.A. reviewed and approved the draft of the Consolidated Financial Statements, which includes the Sustainability Statement, and the draft of the Financial Statements of the parent company for the year ended 31 December 2024.
Revenues for the year were Euro 2,004.7 million, +23% compared to FY 2023, +24% at normalised payout at Euro 2,044.9 million; Euro 587.3 million in Q4 2024, +34% compared to Q4 2023.
Online revenue was oEuro 780.2 million, +50% compared to FY 2023, +51% at normalised payout; in Q4 2024 Euro 236.6 million, +61% compared to Q4 2023. Sports Franchise of Euro 460.8 million, +25% compared to FY 2023, +27% at normalised payout; in Q4 2024 Euro 147.5 million, +63% compared to Q4 2023.
Adjusted EBITDA normalised1,4 of Euro 739.4 million, above the upgraded guidance of Euro 700–730 million provided in July 2024, +24% compared to FY 2023 (Euro 706.9 million actual, +22% compared to FY 2023)
Guglielmo Angelozzi, Chief Executive Officer of Lottomatica Group, commented: “2024 marked an outstanding year for our Group, in which we consolidated our leadership position across all segments and brands.
We exceeded expectations set at the beginning of the year and subsequent upgrades, with revenues of Euro 2,045 million and Adjusted EBITDA of Euro 739 million at normalised payout (Euro 707 million actual), +24% compared to FY 2023. We continued to grow both organically and through M&A, with the acquisition of PWO and executing our bolt-on strategy.
Our objectives for 2025 are to strengthen our leadership position in all segments through product and technology innovation, further develop the omnichannel model while managing efficiently the retail to online transition that is occurring in the market.
In light of our strong balance sheet and cash flow generation, we requested the authorization for a buyback in order to have an additional tool readily available for capital returns, which will compete for excess cash with M&A and other capital allocation opportunities, with a view to maximise shareholder returns.”