Improved EBITDA Position
The company improved its H1 EBITDA position by $10 million compared to the prior corresponding period (PCP), showing a loss of $3.3 million and achieving a full-year EBITDA profit for calendar year 2024 of $8.2 million.
Record Cash Actives
The group had over 292.6k rolling 12-month cash actives at December 31, a new record, with strong growth in mass market recreational segments in Australia and Canada.
Australian Business Performance
Australia reported a net win for Q2 up 2% versus the PCP to $60.5 million, and gross profit up 16% versus the PCP to $28.9 million, both new Q2 records.
Growth in Sports Multis
Achieved a 15% growth in actives and 62% growth in net win from sports multis, with growth driven by mass-market segments.
Positive iGaming Trends in Canada
Positive shifts in the composition of the iGaming customer base with a shift towards higher-margin Slots games, and in-play turnover as a percentage of total turnover increased to 70% versus 65% in the PCP.
Technology and Content Expansion
Continued investment in technology, launched six new content providers in H1, and expanded the game slate by an additional 40%, including over 600 games live in the Ontario market.