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Pollard Banknote
(TSX:PBL)
Pollard Banknote (PBL) vs. iShares MSCI Canada ETF (EWC)
Pollard Banknote Business Overview & Revenue Model
Pollard Banknote Earnings Call Summary
Pollard Banknote Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 582.48M | 557.10M | 520.44M | 482.28M | 459.01M | 414.13M |
| Gross Profit | 103.55M | 104.72M | 86.58M | 81.82M | 91.10M | 91.05M |
| EBITDA | 113.43M | 106.66M | 93.05M | 71.46M | 71.65M | 82.45M |
| Net Income | 36.15M | 35.20M | 31.42M | 19.28M | 19.70M | 33.29M |
Balance Sheet | ||||||
| Total Assets | 683.51M | 636.31M | 515.71M | 499.27M | 461.40M | 404.57M |
| Cash, Cash Equivalents and Short-Term Investments | 15.66M | 22.36M | 8.41M | 1.48M | 3.52M | 1.89M |
| Total Debt | 203.65M | 168.52M | 137.23M | 135.28M | 131.70M | 148.02M |
| Total Liabilities | 327.28M | 302.17M | 240.91M | 247.33M | 254.45M | 262.18M |
| Stockholders Equity | 356.23M | 334.13M | 274.80M | 251.93M | 206.96M | 142.38M |
Cash Flow | ||||||
| Free Cash Flow | -17.38M | 19.92M | 26.53M | -2.82M | 21.71M | 40.72M |
| Operating Cash Flow | 40.60M | 73.90M | 64.63M | 30.40M | 56.54M | 59.65M |
| Investing Cash Flow | -90.59M | -77.19M | -52.09M | -24.57M | -60.59M | -61.67M |
| Financing Cash Flow | 57.95M | 16.81M | -10.94M | -7.73M | 6.37M | -3.94M |
Pollard Banknote Technical Analysis
Pollard Banknote Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | C$545.68M | 15.11 | 10.85% | 1.01% | 10.36% | -4.77% | |
68 Neutral | C$1.61B | 9.30 | 9.36% | 9.72% | -2.90% | 57.43% | |
66 Neutral | C$1.61B | 9.17 | 9.36% | 9.79% | -2.90% | 57.43% | |
64 Neutral | $245.31M | 10.43 | 6.01% | 6.53% | -3.50% | -22.76% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | C$740.98M | ― | -4.10% | 1.95% | -8.84% | -148.15% | |
44 Neutral | C$579.45M | -32.14 | 20.23% | ― | -20.36% | 50.19% |
Pollard Banknote Corporate Events
Pollard Banknote announced it will release its third quarter 2025 financial results on November 12, 2025, followed by a conference call on November 13 to discuss the results. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote has secured a significant contract with the National Lottery of Belgium to deliver a next-generation omnichannel gaming platform. This 12-year agreement, valued at approximately €177 million, marks a strategic advancement for Pollard Banknote as it deploys its Catalyst™ Gaming Platform for the first time. This platform will enhance the Lottery’s operations across retail and online channels, reinforcing Pollard Banknote’s position as a leader in digital lottery innovation and strengthening its long-standing partnership with Loterie Nationale.
The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote has been awarded the primary contract to supply Scratchers® products and related services to the California Lottery, marking a significant expansion of their long-standing partnership. This contract, expected to start in December 2025, will see Pollard Banknote providing approximately 70% of the Lottery’s Scratchers games, enhancing the Lottery’s offerings with innovative solutions and supporting its mission to fund California public education.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$23.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote has been selected by Loterie Nationale of Belgium to provide a comprehensive gaming platform, following a competitive procurement process. The 12-year contract, valued at €177 million, will enhance Pollard Banknote’s presence in the digital gaming sector and expand its existing relationship with the Belgian lottery. This contract underscores Pollard Banknote’s strength in offering end-to-end gaming solutions and is expected to bolster its market position and stakeholder value.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
NeoPollard Interactive, in partnership with the North Carolina Education Lottery, has extended its contract to provide online play systems and related services until 2028. This renewal includes the implementation of Aristocrat Interactive’s Fusion content aggregation platform to expand game offerings and enhance player support services, reflecting the success of their collaboration in driving significant revenue growth for education in North Carolina.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote announced its participation in the 12th European Lotteries Congress and Trade Show in Bern, Switzerland, where it will showcase its innovative solutions aimed at enhancing player engagement and retail operations. The company will present new products such as Digital Menu Boards, HALO lighting solutions, and the easyVEND in-lane vending system, all designed to improve lottery visibility and market presence. Additionally, Pollard Banknote will highlight its digital innovations, including a growing portfolio of eInstant games and the Omnichannel Gaming Solution powered by the Pollard Catalyst™ Gaming Platform, which supports seamless integration and rapid deployment, underscoring its commitment to meeting the evolving needs of lotteries.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote showcased its latest innovations at the NASPL 2025 conference, emphasizing its commitment to transforming the lottery industry through innovative games, retail solutions, and digital advancements. The company introduced new products and services designed to boost player engagement and streamline operations, including a modular cloud-based logistics platform and an omnichannel iLottery solution. These innovations are expected to enhance Pollard Banknote’s market position and offer significant benefits to lottery operators by improving sales and operational efficiency.
The most recent analyst rating on (TSE:PBL) stock is a Hold with a C$21.50 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.
Pollard Banknote’s recent earnings call reflected a mixed sentiment, showcasing a blend of significant achievements and notable challenges. The company reported record revenues and successful integration of acquisitions, alongside strong performance from its joint venture. However, these positives were tempered by a decline in gross profit, instant ticket sales volume, and net income, as well as increased expenses and regulatory hurdles in Minnesota.
Pollard Banknote reported a 3.6% increase in revenue for the second quarter of 2025, reaching $142.7 million, despite a decrease in adjusted EBITDA and income from operations compared to the previous year. The company completed the acquisition of Pacific Gaming, enhancing its electronic bingo offerings, and saw record profits from its NeoPollard Interactive joint venture. The timing of customer orders impacted margins, but the company anticipates higher ticket volumes and selling prices in the third quarter. Pollard continues to expand its eInstant game portfolio and iLottery operations, including a new partnership with a third-party game designer and a contract extension with the Arizona Lottery.
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.
Pollard Banknote Limited has announced a cash dividend of $0.05 per Common Share for the third quarter of 2025, payable on October 15 to shareholders of record as of September 30. This decision reflects the company’s commitment to providing value to its shareholders and may positively impact its market perception and investor relations.
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.
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.
Pollard Banknote Limited announced a cash dividend of $0.05 per common share for the period from July 1, 2025, to September 30, 2025, with payment scheduled for October 15, 2025. This dividend declaration reflects the company’s ongoing commitment to delivering value to its shareholders and may influence its market positioning and investor relations.
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.
Pollard Banknote has secured a license from the General Commercial Gaming Regulatory Authority to supply gaming-related goods and services in the United Arab Emirates. This development allows the company to expand its operations into the UAE, potentially increasing revenue and supporting charitable causes through its innovative lottery and gaming products.
The most recent analyst rating on (TSE:PBL) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on Pollard Banknote stock, see the TSE:PBL Stock Forecast page.