The Lottery Corporation Limited (ASX: TLC) today announces its results for the full year ended 30 June 2025 (FY25)
'Shares hit the jackpot: Lottery Corp at record highs on FY25 earnings beat'
"Today we released our full year financial results as well as our 2025 Annual Report and 2025 Sustainability Report." “The business delivered solid returns for shareholders underpinned by the resilience of our core portfolio and our products’ enduring appeal,” our CEO Sue van der Merwe said.
“I'm proud of the results we've delivered and the strong culture we have built. “The Lottery Corporation is not only a world-class lottery business, but one of social significance creating positive impacts for customers, partners, governments and communities. It's a responsibility – and a privilege – that continues to guide how we operate and grow.”
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FY25 highlights year ended 30 June 2025 (FY25)
• Revenue of $3.7b and EBITDA1 of $749.3m; this follows a record jackpot year in FY24
• Continued growth in Lotteries’ digital share supported by enhanced customer experience
• Strong uptake of additional Weekday Windfall draw on Fridays delivered c.$90m in incremental turnover
• High early retention of Saturday lotto price increase; Powerball entry price increase planned for November 20252
• New terminal rollout commenced (Queensland lotteries complete), setting platform for future digitalisation
• Keno retail growth driven by effective local marketing initiatives and increased venue visitation
• Disciplined cost management largely offset final separation costs
• Strong balance sheet and free cash flow enabled 3.1% increase in total ordinary dividend3 (interim and final) to 16.5cps, fully franked; payout ratio of 100%4
• Strong community contribution with $2.4b returned to governments, and retail and venue partners
The Lottery Corporation Managing Director & CEO, Sue van der Merwe, commented: “The Lottery Corporation's portfolio diversification and active management helped to deliver a resilient performance this year, as we continued to build strong foundations for a sustainable future. The defensive characteristics of lotteries were evident, with customer participation remaining healthy, even as players sought value in a challenging economic environment.
We made targeted investments in the game portfolio, distribution channels and customer experience. We also kept operating expenditure lower than our guided range, even while absorbing the final impacts of separation and inflationary headwinds. The strong cash flows generated by the business and our strong balance sheet enable us to return funds to shareholders in line with our disciplined capital allocation framework. The Board was pleased to determine to pay a fully franked, total ordinary dividend of 16.5 cents per share, up 3.1% on FY243 and at the top end of our target payout range.
In May 2025, we refreshed the much-loved Saturday lotto game, which was well received by the game's loyal customer base. Subject to regulatory approval, we intend to refresh our Powerball game with a price change enabling increased prizes across all divisions. This will enhance Powerball as Australia's most popular premium jackpot game.
Keno continues to build its position as a fun and affordable social occasion game, with record retail turnover in FY25 as customers increasingly favoured pubs and clubs for entertainment.
The Lottery Corporation continues to positively impact the community, returning $2.4b to stakeholders in FY25, including $1.7b for state governments and $655m for our retail and venue partners. We were also pleased to integrate the 50-50 Foundation's charitable Play For Purpose raffle into The Lott app and website, boosting fundraising opportunities for hundreds of grassroots organisations and further deepening our community connection."
FY25 Results Investor Presentation
https://www.thelotterycorporation.com/news-and-media/asx-announcements