• $9.7m Underlying EBITDA reflecting 94% organic growth
• $5.9m profit before tax
• $15.3m net cash as at 31 December 2025
• Declared 1.0cps fully franked ordinary interim dividend and 3.0cps fully franked special dividend

Sports Entertainment Group Limited (SEG) today announced its half year financial results for 31 December 2025 (H1 FY26). The company delivered a strong first half, with Group revenue up 28% to $73.7m and EBITDA up 94% to $9.7m. Growth was broad-based, with standout contributions from the Complementary Services segment, where Events and TV Production delivered material growth, and continued momentum in the Media Segment. Media revenue grew 11%, buoyed by live sport, and has reached a tipping point of scale, with most of the revenue growth translating directly to EBITDA. The company also reported strong cash flow, with operating cash flow of $11.6m reflecting an ungeared pre-tax operating cash flow conversion of 122%. SEG has continued to invest in high-growth verticals aligned to its long-term strategy, including the successful acquisition and integration of RSN in the Racing vertical and expansion of its TV Production capabilities. The company has updated its FY26 EBITDA guidance to at least 40% growth and declared a 1.0 cent per share fully franked ordinary interim dividend and a 3.0 cent per share fully franked special dividend, reflecting the completion of the Perth Wildcats sale. SEG remains in a net cash positive position and is focused on disciplined and shareholder-aligned capital allocation.

SEG is updating its EBITDA guidance to at least 40% growth in FY26.

SEG continues to invest in high-growth verticals aligned to its long-term strategy, including the Racing and TV Production segments. The company expects further revenue growth in Q1 FY26.