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Jumbo Interactive Limited ( (AU:JIN) ) has shared an announcement.
Jumbo Interactive Limited has reported its half-year results ending 31 December 2024, highlighting a Total Transaction Value (TTV) of $69.9 million for the initial six weeks of 2H25 in its Lottery Retailing segment. The period saw an improvement in the large jackpot environment, with nine Powerball and Oz Lotto jackpots reaching $15 million or more. Despite a subdued first half, changes in marketing strategies have shown promise, with an uptick in ticket sales share noted in the recent period. This announcement indicates a strategic focus on cost management and adaptive marketing tactics to enhance Jumbo’s market position.
More about Jumbo Interactive Limited
Jumbo Interactive is a digital lottery specialist providing proprietary lottery software platforms and management expertise to charity and government lottery sectors in Australia and globally. Founded in 1995 by CEO Mike Veverka, Jumbo has grown into a leading digital lottery retailer and software provider, employing over 250 staff across Australasia, the UK, and Canada. Listed on the ASX in 1999, Jumbo has raised over $260 million for charity partners in FY24.
YTD Price Performance: -3.05%
Average Trading Volume: 284
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €511.8M
For detailed information about JIN stock, go to TipRanks’ Stock Analysis page.
