Pollard Banknote Sees Revenue Growth Amid Strategic Acquisitions and iLottery Expansion

An update from Pollard Banknote ( (TSE:PBL) ) is now available.

Pollard Banknote reported a 3.6% increase in revenue for the second quarter of 2025, reaching $142.7 million, despite a decline in adjusted EBITDA and income from operations compared to the previous year. The company completed the acquisition of Pacific Gaming and saw significant growth in its iLottery profits, particularly through its NeoPollard Interactive joint venture. The timing of customer orders affected instant ticket volumes and margins, but Pollard anticipates higher ticket volumes and prices in the third quarter. The company continues to expand its eInstant game portfolio and has secured a contract extension with the Arizona Lottery, although some ancillary product contributions were lower than in 2024.

The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$32.00 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.

Spark’s Take on TSE:PBL Stock

According to Spark, TipRanks’ AI Analyst, TSE:PBL is a Outperform.

Pollard Banknote’s strong financial performance and positive earnings call are the primary drivers of its score. While technical indicators show mixed signals, the company’s reasonable valuation and strategic growth in digital gaming sectors support a favorable outlook.

To see Spark’s full report on TSE:PBL stock, click here.

More about Pollard Banknote

Pollard Banknote Limited operates in the lottery and gaming industry, providing products such as instant tickets, iLottery solutions, and electronic bingo equipment. The company focuses on expanding its charitable gaming group and enhancing its game content and hardware offerings.

Average Trading Volume: 21,995

Technical Sentiment Signal: Sell

Current Market Cap: C$578.7M

Find detailed analytics on PBL stock on TipRanks’ Stock Analysis page.