Australia’s Jumbo Interactive expects to report strong double-digit growth across key metrics for the first half of fiscal 2026, driven by acquisitions and solid performance in its managed services business, despite a subdued lottery jackpot environment.
The online lottery and digital services provider said preliminary unaudited results show underlying group EBITDA of AU$37.5 million ($26.4 million), up 22.6 percent yearly for the period ended December 31st, 2025.
Revenue rose 29 percent to AU$85.3 million ($60.1 million), while total transaction value (TTV) increased 15.7 percent to AU$524.7 million ($369.5 million), according to the company’s update ahead of its full audited results due on February 25th.
Jumbo said growth was supported by a resilient Australian lottery business, continued expansion in software-as-a-service (SaaS), strong momentum in managed services and contributions from recent acquisitions, particularly UK-based Dream Car Giveaways, which it said was performing ahead of expectations.
The company noted that the large jackpot environment in the fiscal first half was weaker than the previous year, with 10 large Powerball and Oz Lotto jackpots, compared with 13 a year earlier.
Aggregate Division 1 prize value fell to AU$410 million ($288.7 million) from AU$610 million ($429.6 million), with no jackpots exceeding AU$100 million ($70.4 million) during the period.
Lottery retailing total transaction value (TTV) was broadly flat year-on-year at AU$207.9 million ($146.4 million), supported by growth in charity and proprietary products.
SaaS TTV rose 9.9 percent to AU$136.8 million ($96.3 million), and would have increased 12.4 percent excluding Lotterywest, which was also affected by the softer jackpot environment.
Managed services EBITDA climbed 51.3 percent to AU$4.1 million ($2.9 million), with Jumbo citing strong momentum in Canada and disciplined execution in the UK.
In October, Jumbo completed the acquisitions of Dream Car Giveaways UK and Dream Giveaway USA, which will be reported under a new ‘Dream Giveaways’ segment. The segment contributed AU$6.5 million ($4.6 million) in underlying EBITDA during the half, the company said.
Underlying net profit after tax rose 14.7 percent to AU$19.9 million ($14.0 million), while net profit after tax before amortization of acquired intangibles increased 22.6 percent to AU$22.8 million ($16.1 million).
The company said its interim dividend for the half will be determined after finalization of the results.
