• Upgraded FY26 EBITDA to $18m, up from $15.5 - $16.5m
• Net cash expected to be at least $14m
• Q4 driven by FIFA World Cup and Media segment growth
• Positive outlook for Q1 FY27 with major sports events
• Senior debt reduced and extended with CBA

Sports Entertainment Group Limited (ASX: SEG) has provided an update on its financial performance for FY26, showing an upgrade in underlying EBITDA to $18m and net cash of at least $14m, reflecting strong momentum from its 'Whole of Sport' strategy. The improved performance in Q4 was primarily due to the FIFA World Cup and sustained revenue growth in the Media segment. Looking ahead, the outlook for Q1 FY27 is positive, with key sports events such as the Legends Game, AFL Wildcard Round, and the first-ever NFL game in Melbourne. Additionally, SEG has refinanced and extended its senior debt facility with CBA, reducing debt to $10m and providing greater capital management flexibility.

FY26 EBITDA: $18m, Net cash: $14m

Positive outlook for Q1 FY27 with major sports events like the Legends Game and NFL in Melbourne.