SEG trading update and FY26 forward guidance
| Stock | Sports Entertainment Group Ltd (SEG.ASX) |
|---|---|
| Release Time | 26 Nov 2025, 1:47 p.m. |
| Price Sensitive | Yes |
SEG reports strong FY26 start, updates guidance
- Underlying EBITDA growth of 63% in first 4 months of FY26
- FY26 EBITDA growth forecast of at least 20% vs FY25
- Ongoing margin expansion through operational efficiencies
Sports Entertainment Group Ltd (SEG) has provided an update on its trading performance for the first four months of FY26, reporting strong growth. Underlying EBITDA grew by 63% compared to the prior corresponding period, with September being the Group's highest revenue and EBITDA generating month since the Pacific Star and Crocmedia merger in 2018. SEG is seeing continued momentum from its 'whole of sport' strategy. The company has updated its forward guidance for FY26, forecasting EBITDA growth of at least 20% compared to FY25 and ongoing margin expansion through operational efficiencies. SEG also expects to have a year-end cash position within a range of $30m-$35m. Additionally, the company has provided an update on its accelerated exit from the Perth Wildcats, with further stages of the divestment scheduled for completion by March 2026.
FY26 EBITDA growth of at least 20% compared to FY25, ongoing margin expansion, and forecasted year-end cash position within a range of $30m-$35m.