Jumbo Interactive boosted by ‘strong’ first half
Jumbo Interactive has reported a strong first half of FY26, expecting underlying group EBITDA to rise 22.6% to $37.5 million and group revenue to climb 29% despite a subdued large jackpot environment in its core Australian lottery market.
Group total transaction value increased 15.7% to $524.7 million, with flat lottery retailing offset by nearly 10% growth in SaaS, a 51.3% surge in managed services EBITDA, and a positive initial contribution from newly acquired Dream Car Giveaways in the UK and Dream Giveaway in the US, which will be reported as a separate segment.
The company also highlighted a provisional $2.2 million non-cash amortisation charge from acquired intangibles and $5.3 million of one-off acquisition-related costs, while reiterating its revised dividend payout ratio of 30–50% of statutory NPAT to preserve balance sheet strength and support debt reduction following the recent, debt-funded acquisitions, with the 1H26 interim dividend to be set after audited results are finalised later this month.