• Underlying EBITDA for FY26 expected to be $15.5-$16.5 million, up 50-60% on prior year
• Broad-based growth across Media, TV production, and Events segments
• Continued margin expansion driven by operational efficiencies and scale

Sports Entertainment Group Limited (ASX: SEG) has provided an update to the market regarding its financial guidance for FY26, reflecting continued operating momentum. Based on trading for the nine months to 31 March 2026 and the Group's forecast performance for the remaining three months of FY26, SEG now expects Underlying EBITDA for FY26 to be in the range of $15.5 million to $16.5 million, up 50-60% on the prior corresponding period. This represents an improvement on the Group's previously issued guidance of at least 40% EBITDA growth, announced on 18 February 2026. The Group's growth continues to be broad-based, with momentum in both the Media and Complementary Services segments continuing from the first half of the financial year. The improved outlook reflects sustained revenue growth across Media, TV production (Rainmaker) and Events (Ballpark), as well as continued margin expansion driven by operational efficiencies associated with increased scale. Growth has also been supported by targeted investment areas, including Racing and TV Production. While top-line revenue and margins have expanded, the Group continues to actively manage its cost base while investing selectively to support future growth opportunities. The Group remains mindful of broader macroeconomic uncertainty, but current trading performance provides increased confidence in SEG's ability to deliver a stronger FY26 financial outcome.

Underlying EBITDA for FY26 expected to be in the range of $15.5 million to $16.5 million, up 50-60% on the prior year.