• Jumbo enters the rapidly growing UK prize draw market
• Acquisition of leading B2C brand Dream Car Giveaways
• Opportunity to leverage Jumbo's technology, marketing and operational capabilities

Jumbo Interactive Limited (ASX:JIN) has entered into an agreement to acquire Dream Car Giveaways (DCG), a leading B2C brand and digital market proposition in the UK prize draw market. The acquisition has now been completed following satisfaction of all conditions. DCG is an established and trusted digital prize draw competition platform operating at scale and profitability, with significant future growth potential. The acquisition is strongly aligned with Jumbo's strategy to accelerate growth, enhance revenue and earnings diversification, and expand its presence in international markets, establishing a direct-to-consumer (B2C) footprint in the UK. DCG has a proven business model, a strong growth trajectory and attractive financial returns. The acquisition also provides a significant opportunity for Jumbo to leverage its technology, marketing and operational capabilities to support and accelerate DCG's next phase of growth. Jumbo will acquire DCG for an enterprise value of A$109.9 million (£53.9 million), funded through a combination of existing cash, new JIN shares, and debt. For the 12 months ended 30 April 2025, DCG generated A$118.2 million (£57.9 million) in Total Transaction Value, A$36.5 million (£17.9 million) in Revenue, and A$16.9 million (£8.3 million) of adjusted EBITDA. The acquisition is expected to deliver double-digit Earnings Per Share (EPS) accretion in the first 12 months post-completion.

The FY26 underlying EBITDA contribution from DCG is expected to be in the range of £7.0 million to £7.3 million, reflecting a contribution for approximately eight and a half months. On an annualised basis, this is equivalent to 20% to 25% growth in underlying EBITDA on the prior comparative period.

The current DCG management team will remain in place with the three Directors and founders continuing to lead the business through the earn-out period ending 31 December 2026. Following the acquisition of DCG, Jumbo's targeted dividend payout ratio of 65% to 85% of statutory NPAT will be reviewed by the Board, with any changes to be announced at the Annual General Meeting on 11 November 2025.