AGM - Chair & CEO Address and Market Update
| Stock | Jumbo Interactive Ltd (JIN.ASX) |
|---|---|
| Release Time | 11 Nov 2025, 8:24 a.m. |
| Price Sensitive | Yes |
Jumbo Interactive Announces AGM Addresses, Trading and Capital Management Update
- Lottery Retailing TTV up 5.2%, SaaS TTV up 9.0%, Managed Services TTV up 13.1%
- Dividend payout ratio adjusted to 30-50% of statutory Group NPAT
- Completed strategic acquisitions in UK and US, expected to contribute £7-£7.3M and US$2.7-US$3M EBITDA in FY26
Jumbo Interactive Ltd held its 2025 Annual General Meeting, providing an update on the company's performance and strategic progress. Despite a subdued large jackpot environment in Australia, Jumbo's Lottery Retailing segment saw a 5.2% increase in Total Transaction Value (TTV), driven by strong non-TLC product sales. The SaaS segment continued to grow, with SaaS TTV and external revenue up 9.0% and 8.1% respectively. Jumbo's Managed Services business also gained traction, with TTV up 13.1% in the UK and 10.8% in Canada. The Board has determined to adjust the dividend payout ratio to between 30% and 50% of statutory Group Net Profit After Tax, reflecting a prudent approach to maintain a strong balance sheet and provide flexibility to reduce debt. Jumbo also completed the acquisitions of Dream Car Giveaway (DCG UK) and Dream Giveaway (DG USA), which are expected to contribute £7.0 million to £7.3 million and US$2.7 million to US$3.0 million in underlying EBITDA respectively in FY26. The company's FY26 outlook remains unchanged, except for the contributions from the new acquisitions and the revised dividend payout ratio.
- FY26 underlying EBITDA contribution from DCG UK expected to be £7.0 million to £7.3 million
- FY26 underlying EBITDA contribution from DG USA expected to be US$2.7 million to US$3.0 million
- Revised targeted dividend payout ratio of 30% to 50% of statutory Group NPAT
The Group's FY26 outlook disclosed at Jumbo's FY25 Results on 26 August remains unchanged, except for the contributions from the newly acquired businesses and the revised dividend payout ratio.