Half Year FY26 Financial Report

• Revenue up 28% to $73.671 million
• Underlying EBITDA up 78% to $11.945 million
• Adjusted underlying EBITDA up 94% to $9.715 million
• Profit from continuing operations up to $3.243 million

Sports Entertainment Group Limited has reported its financial results for the half year ended 31 December 2025. Revenue from continuing operations increased by 28% to $73.671 million, while underlying EBITDA from continuing operations grew by 78% to $11.945 million. The group's adjusted underlying EBITDA, which excludes the impact of AASB 16 Leases, increased by 94% to $9.715 million. Profit from continuing operations after tax was $3.243 million, up from a loss of $456,000 in the prior corresponding period. The group's growth was broad-based, with standout contributions from the Complementary Services segment, including events and TV production, as well as continued momentum in the Media segment. The company's cash flow and balance sheet also strengthened, with operating cash flow of $11.2 million and cash on hand of $26.7 million as at 31 December 2025. Senior bank debt was reduced to $11.4 million, and a further $12 million in cash was received on 6 January 2026 upon completion of the sale of the Perth Wildcats.

The company has not provided any specific forward-looking financial guidance in the announcement.