Australia · Delayed Price · Currency is AUD The Lottery Corporation Earnings Call Transcripts
Fiscal Year 2026
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A renewed strategy leverages long-term licenses, trusted brands, and digital transformation to accelerate growth, with a focus on product innovation, AI-driven personalization, and venue-led Keno modernization. Financial discipline and a revised dividend policy support strong cash generation and shareholder returns.
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Resilient results delivered despite the weakest jackpot environment since listing, with revenue at AUD 1.8 billion and EBITDA down just 0.7% year-over-year. Digital and Keno growth offset jackpot impacts, while disciplined OpEx and CapEx support ongoing digital transformation and shareholder returns.
Fiscal Year 2025
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The meeting reviewed a resilient FY 2025 performance, with dividends up 3% and strong cost control despite lower revenue. Key board renewals, CEO succession, and a major digital transformation investment were discussed, with all resolutions receiving strong proxy support.
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FY 2025 saw resilient results despite lower jackpots and economic headwinds, with digital lottery sales rising to 42% and EBITDA at AUD 749 million, down 9% year-over-year. Dividend increased to AUD 0.165 per share, and major investments in digital and retail modernization are planned.
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First half FY25 saw resilient results despite lower jackpots and economic pressures, with revenue down 5.6% and EBITDA down 7.4%. Strong digital growth, cost discipline, and new product launches supported margins, while the dividend was maintained and leverage remained below target.
Fiscal Year 2024
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Significant investments in technology, retail optimization, and digital transformation are driving growth, efficiency, and customer engagement. A balanced product portfolio, disciplined financial management, and industry-leading responsible play programs underpin long-term value and resilience.
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Record financial results were achieved, with strong revenue, profit, and dividends. All board and remuneration resolutions received strong support, and strategic investments in digital, product innovation, and responsible gambling were highlighted.
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Record FY 2024 results with revenue up 13.8% and EBITDA up 16%, driven by strong jackpot activity and digital growth. Special and ordinary dividends declared, with a 23% increase in total payout. Outlook for FY 2025 includes final separation costs and continued focus on cost discipline.