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Jumbo Interactive Achieves Strong FY25 Results Amidst Jackpot Decline

Story Highlights
  • Jumbo Interactive focuses on expanding beyond traditional Australian lottery games.
  • Jumbo reported strong SaaS growth and maintained market position despite fewer large jackpots.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jumbo Interactive Achieves Strong FY25 Results Amidst Jackpot Decline

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Jumbo Interactive Limited ( (AU:JIN) ) just unveiled an update.

Jumbo Interactive Limited reported its second highest profit for FY25, despite a decline in large jackpots compared to the previous year. The company’s SaaS segment showed strong growth, surpassing $250 million in TTV for the first time, while Managed Services saw modest revenue growth and improved cost discipline. Jumbo’s strategic focus on diversifying its revenue streams and enhancing player engagement has helped maintain its market position, even as traditional lottery revenues faced challenges.

The most recent analyst rating on (AU:JIN) stock is a Buy with a A$13.40 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.

More about Jumbo Interactive Limited

Jumbo Interactive Limited operates in the digital lottery industry, providing lottery retailing services and software-as-a-service (SaaS) solutions. The company focuses on expanding beyond traditional Australian lottery games like Powerball and Oz Lotto, with an emphasis on international markets, charity lotteries, and proprietary games.

Average Trading Volume: 290,527

Technical Sentiment Signal: Sell

Current Market Cap: A$641M

For an in-depth examination of JIN stock, go to TipRanks’ Overview page.

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