Pollard Banknote Limited reported record revenues, successful integration of acquisitions, and strong performance from its joint venture. However, these positives were offset by a decline in gross profit, instant ticket sales volume, and net income, along with increased expenses and regulatory challenges in Minnesota. The overall sentiment of the call reflects a mix of significant achievements and notable challenges.

Company Guidance

During the second quarter of 2025, Pollard Banknote Limited reported traditional GAAP sales of $142.7 million, up from $137.8 million in the same period last year, and combined sales including their NeoPollard joint venture reached $174.8 million, compared to $166 million in 2024. Despite a challenging environment with lower instant ticket contributions and startup costs from the Kansas iLottery operation, the company saw higher contributions from their NeoPollard joint venture and increased sales from printed charitable products and retail solutions. Adjusted EBITDA decreased to $29.2 million from $32.3 million in the second quarter of 2024, primarily due to decreased instant ticket volumes and margins, Kansas iLottery startup costs, and lower eTab sales margins in Minnesota. However, the NeoPollard Interactive joint venture achieved record results, driven by strong eInstant sales in Virginia and North Carolina. The company anticipates higher third-quarter volumes and continues to focus on improving instant ticket margins while exploring opportunities in the iLottery and charitable gaming sectors.

Record Revenue Achieved

Pollard Banknote Limited reported record revenue of $288.9 million for the first six months of 2025 and a record combined revenue of $352.7 million.

Strong Performance of NeoPollard Interactive Joint Venture

The NeoPollard Interactive joint venture achieved record results in Q2 2025, with significant eInstant sales growth in Virginia and North Carolina.

Successful Integration of Acquisitions

The integration of Pacific Gaming and CJ Venne has gone well, leading to increased revenue synergies and a complete suite of products for the charitable gaming market.

Increase in Instant Ticket Selling Price

Higher average selling prices of instant tickets increased sales by $4.5 million compared to 2024 due to repriced contracts.

Positive Impact from Foreign Exchange

The weakening of the Canadian dollar compared to the U.S. dollar and euro resulted in an increase of approximately $3.5 million in sales.

Pollard Banknote (TSE:PBL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:PBL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.53 / -	0.66	―	―	―
Aug 13, 2025	2025 (Q2)	0.46 / 0.32	0.43	-26.74% (-0.11)	―	―
May 07, 2025	2025 (Q1)	0.34 / 0.45	0.25	78.00% (+0.20)	―	―
Mar 10, 2025	2024 (Q4)	0.47 / -0.06	0.312	-119.23% (-0.37)	―	―
Nov 13, 2024	2024 (Q3)	0.41 / 0.66	0.371	77.90% (+0.29)	―	―
Aug 13, 2024	2024 (Q2)	0.28 / 0.43	0.209	105.74% (+0.22)	―	―
May 08, 2024	2024 (Q1)	0.28 / 0.25	0.172	45.35% (+0.08)	―	―
Mar 05, 2024	2023 (Q4)	0.28 / 0.31	0.39	-20.00% (-0.08)	―	―
Nov 07, 2023	2023 (Q3)	0.27 / 0.37	-0.01	3810.00% (+0.38)	―	―
Aug 10, 2023	2023 (Q2)	0.17 / 0.21	0.09	132.22% (+0.12)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:PBL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	C$21.25	C$20.50	-3.53%
May 07, 2025	C$20.25	C$19.98	-1.33%
Mar 10, 2025	C$24.73	C$21.59	-12.70%
Nov 13, 2024	C$23.46	C$25.92	+10.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pollard Banknote (TSE:PBL) report earnings?

Pollard Banknote (TSE:PBL) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Pollard Banknote (TSE:PBL) earnings time?

Pollard Banknote (TSE:PBL) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:PBL EPS forecast?

TSE:PBL EPS forecast for the fiscal quarter 2025 (Q3) is 0.53.

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