Jumbo Interactive has released its financial results for the year ending June 30, showcasing substantial revenue growth in all core divisions. The increase was prominently driven by stellar performance in lottery retailing.
This strong financial health underscores Jumbo Interactive’s successful strategic initiatives and operational efficiency, making it a noteworthy player in the market.
Lottery retailing business hits record revenue of $1.05bn
Revenue in the Lottery Retailing segment soared to a record-breaking high of $1.05 billion, representing a remarkable 23.7% increase compared to the previous year.
For the first time in the industry, the number of active online customers surpassed the one million mark, setting a new milestone in the sector.
Underlying financial performance boosts: 30% jump in EBITDA to $76.6m
The company’s financial health saw a substantial improvement, with Underlying EBITDA surging by 30%, reaching $76.6 million. This growth is driven by diverse revenue streams, including lottery retailing, SaaS, and managed services.
Revenue breakdown
- Lottery Retailing: $45.2 million;
- SaaS: $20.6 million;
- Managed Services: $10.8 million;
These metrics underscore the robust performance across various business units, ensuring sustainable growth.
CEO statement on the record year
Mike Veverka, CEO of Jumbo Interactive, celebrates a record-breaking year with significant milestones. The company proudly reports surpassing one million active players in the lottery retailing sector, showcasing its growing influence and success in the industry.
