Jumbo Interactive has delivered a robust first-half result, posting a 22.6% jump in underlying group EBITDA to $37.5 million despite a notably quiet jackpot season in Australia and the company has wasted no time upgrading its full-year guidance off the back of outperforming international acquisitions.

Jumbo reported revenue of $85.3 million for the half, up 29% on the prior corresponding period. Statutory net profit after tax (NPAT) came in at $15.5 million, down 13.4% year on year. However, underlying NPAT increased 22.6% to $22.8 million, highlighting the impact of acquisition-related and other non-recurring items.

“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 managing director, CEO and founder Mike Veverka said.