Lottery Corporation Limited (TLC) AI Stock Analysis

• Market Cap: AU$12.80B
• Dividend Yield: 2.87%
• Average Volume (3M): 3.69M
• Price to Earnings (P/E): 35.1
• Beta (1Y): 0.55
• Revenue Growth: -6.28%
• EPS Growth: -11.67%
• Country: AU
• Employees: 3,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.08
• Shares Outstanding: 2,225,771,700
• 10 Day Avg. Volume: 3,344,030
• 30 Day Avg. Volume: 3,689,900
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$5.81
• Price Target Upside: 1.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 69 Neutral
• Price Target: AU$6.50 ▲(13.04% Upside)

The overall stock score of 68.9 reflects mixed financial performance with strong cash flow management but high leverage risks. Technical analysis indicates a bullish trend, though overbought signals suggest caution. The high P/E ratio points to potential overvaluation, balanced by a moderate dividend yield.

Lottery Corporation Limited Business Overview & Revenue Model

Company Description

The Lottery Corporation Limited engages in lottery and keno businesses in Australia. It operates under The Lott and Keno brand names. The company operates through a network of approximately 7,200 retail points, as well as digitally. The Lottery Corporation Limited was formerly known as Tattersall's Holdings Limited. The company was founded in 1881 and is based in Brisbane, Australia.

How the Company Makes Money

Lottery Corporation Limited (TLC) generates revenue primarily through the sale of lottery tickets. The company operates various types of lottery games, including traditional draw games, which include daily and weekly lottery draws, and instant win games such as scratch-off tickets. These games are sold through a network of authorized retailers and digital platforms, providing broad accessibility to consumers. TLC also earns money by offering digital lottery services, enabling customers to participate in games online. A portion of the revenue from ticket sales is distributed as prizes, while the remaining funds are allocated to cover operational costs, retailer commissions, and contributions to government and community programs. Key partnerships with technology providers and retail networks enhance distribution and operational efficiency, further contributing to TLC's financial performance.

Lottery Corporation Limited Financial Statement Overview

Summary

Lottery Corporation Limited shows mixed financial performance. The income statement reflects challenges in revenue growth and profitability, but strong operational margins. The balance sheet indicates high leverage, posing potential risks. However, the cash flow statement is a bright spot, showcasing strong cash generation and management.

Income Statement

The company has shown a declining revenue trend with a negative growth rate of -4.215% in the latest year, indicating potential challenges in maintaining sales momentum. However, the company maintains strong gross profit margins, suggesting effective cost management. Net profit margins have decreased, reflecting pressure on profitability. EBIT and EBITDA margins remain healthy, indicating operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio, indicating significant leverage which could pose financial risks. Return on equity is low, reflecting limited profitability from shareholders' investments. The equity ratio is also low, suggesting reliance on debt financing. Overall, the balance sheet shows potential financial stability concerns.

Cash Flow

The company has demonstrated strong free cash flow growth, indicating improved cash generation capabilities. The operating cash flow to net income ratio is robust, suggesting good cash conversion from earnings. The free cash flow to net income ratio is also strong, highlighting efficient cash management. Overall, the cash flow position is a positive aspect of the company's financial health.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.74B	3.73B	3.98B	3.50B	3.28B	2.95B
Gross Profit	3.17B	3.73B	3.07B	2.74B	2.65B	2.36B
EBITDA	754.10M	763.70M	788.90M	608.70M	586.80M	498.30M
Net Income	365.50M	365.50M	414.00M	264.80M	346.60M	399.30M
Balance Sheet
Total Assets	4.41B	4.41B	4.36B	4.37B	4.22B	2.71B
Cash, Cash Equivalents and Short-Term Investments	550.50M	550.50M	504.00M	841.30M	640.50M	427.20M
Total Debt	2.50B	2.50B	2.48B	2.55B	2.49B	3.20M
Total Liabilities	4.08B	4.08B	4.00B	4.11B	3.97B	2.44B
Stockholders Equity	321.80M	321.80M	363.10M	264.80M	242.80M	272.30M
Cash Flow
Free Cash Flow	470.10M	470.10M	424.30M	376.90M	600.00M	287.70M
Operating Cash Flow	541.70M	541.70M	492.80M	456.50M	624.40M	308.90M
Investing Cash Flow	-96.00M	-96.00M	-87.60M	-121.20M	-63.50M	19.20M
Financing Cash Flow	-414.70M	-414.70M	-393.80M	-217.00M	-456.60M	-330.70M

Lottery Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TLC, the sentiment is Neutral. The current price of 5.75 is below the 20-day moving average (MA) of 5.86, above the 50-day MA of 5.68, and above the 200-day MA of 5.15, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 45.32 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TLC.

Lottery Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JIN	71 Outperform	€647.21M	16.35	34.17%	5.25%	-8.81%	-6.84%
TLC	69 Neutral	AU$12.80B	35.06	106.73%	2.87%	-6.28%	-11.67%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TAH	57 Neutral	$2.40B	65.63	2.89%	1.90%	8.62%	―
BET	54 Neutral	$221.47M	―	-25.15%	―	-10.59%	32.75%
BBT	46 Neutral	AU$315.27M	―	-14.71%	―	126.29%	95.17%
PBH	42 Neutral	$349.32M	―	-142.61%	31.08%	6.47%	60.03%

Lottery Corporation Limited Corporate Events

The Lottery Corporation Appoints New CEO to Drive Growth and Innovation

The Lottery Corporation Limited has announced the appointment of Mr. Wayne Pickup as the new Managing Director and Chief Executive Officer, effective from November 24, 2025, pending regulatory approvals. Mr. Pickup, who brings 25 years of international lotteries experience, succeeds Ms. Sue van der Merwe, who is retiring after a distinguished 35-year career. This leadership transition is expected to drive innovation and growth in the Australian lottery market, enhancing value for shareholders and improving customer experiences.

The most recent analyst rating on (AU:TLC) stock is a Hold with a A$5.09 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.

Lottery Corporation Announces Key Dates for 2025 Financial Results

The Lottery Corporation Limited has announced the key dates for its 2025 full year financial results, including a webcast briefing on 20 August 2025. The announcement outlines important dates for dividend payments and the Annual General Meeting, highlighting the company’s commitment to transparency and stakeholder engagement.

The most recent analyst rating on (AU:TLC) stock is a Hold with a A$5.09 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.

Lottery Corporation Updates Securities Trading Policy to Enhance Market Integrity

The Lottery Corporation Limited has updated its Securities Trading Policy in compliance with ASX Listing Rule 12.10. The revised policy emphasizes strict adherence to insider trading laws and sets clear guidelines for directors, restricted employees, and their associates regarding securities trading. The policy aims to bolster market confidence and safeguard the company’s reputation by prohibiting insider trading, short selling, and other high-risk trading activities during blackout periods. This update reflects the company’s commitment to maintaining transparency and integrity in its financial dealings, which is crucial for its stakeholders.

The most recent analyst rating on (AU:TLC) stock is a Buy with a A$5.50 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.

State Street Global Advisors Alters Stake in Lottery Corporation

Lottery Corporation Limited has announced a change in the interests of a substantial holder, State Street Global Advisors, which now holds a significant number of voting securities across various subsidiaries. This change in voting power reflects State Street’s strategic positioning in the market, potentially impacting the company’s governance and decision-making processes.

The most recent analyst rating on (AU:TLC) stock is a Hold with a A$5.09 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.