BUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H

Reuters

Feb 05

BUZZ-Morningstar flags soft 1H for Australia's <a href="https://laohu8.com/S/JBINF">Jumbo Interactive</a> but expects lottery rebound in 2H

** Morningstar says Jumbo Interactive’s JIN.AX preliminary first‑half results were dampened by an unfavourable jackpot run, but it expects lottery revenue to rebound in the second half

** Lottery operator reported preliminary 1H underlying EBITDA of A$37.5 million ($26.23 million), up 23% YoY

** Investment research firm says results reflect an unfavourable jackpot run, with flat 1H transactions, yet FY view remains unchanged, including a projected 6% rise in lottery retailing volumes

** Sees 2H rebound in lottery rev with demand’s price‑inelastic nature ensuring most gains flow through despite only a slight drag on volumes

** Maintains A$9.50/shr fair value estimate

** Stock down ~13% YTD as of last close($1 = 1.4298 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2609182573"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609182573\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609182573?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-05 05:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609182573","market":"nz","top_or_hot":-1,"title":"BUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Morningstar flags soft 1H for Australia's <a href=\"https://laohu8.com/S/JBINF\">Jumbo Interactive</a> but expects lottery rebound in 2H</title></head><body><p>** Morningstar says <a href=\"https://laohu8.com/S/JIN.AU\">Jumbo Interactive</a>’s <span>JIN.AX</span> preliminary first‑half results were dampened by an unfavourable jackpot run, but it expects lottery revenue to rebound in the second half</p><p>** <a href=\"https://laohu8.com/S/SEGG\">Lottery</a> operator reported preliminary 1H underlying EBITDA of A$37.5 million ($26.23 million), up 23% YoY</p><p>** Investment research firm says results reflect an unfavourable jackpot run, with flat 1H transactions, yet FY view remains unchanged, including a projected 6% rise in lottery retailing volumes</p><p>** Sees 2H rebound in lottery rev with demand’s price‑inelastic nature ensuring most gains flow through despite only a slight drag on volumes</p><p>** Maintains A$9.50/shr fair value estimate</p><p>** Stock down ~13% YTD as of last close($1 = 1.4298 Australian dollars)</p><p>(Reporting by Kumar Tanishk in Bengaluru)</p><p>((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-05 05:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Morningstar flags soft 1H for Australia's <a href=\"https://laohu8.com/S/JBINF\">Jumbo Interactive</a> but expects lottery rebound in 2H</title></head><body><p>** Morningstar says <a href=\"https://laohu8.com/S/JIN.AU\">Jumbo Interactive</a>’s <span>JIN.AX</span> preliminary first‑half results were dampened by an unfavourable jackpot run, but it expects lottery revenue to rebound in the second half</p><p>** <a href=\"https://laohu8.com/S/SEGG\">Lottery</a> operator reported preliminary 1H underlying EBITDA of A$37.5 million ($26.23 million), up 23% YoY</p><p>** Investment research firm says results reflect an unfavourable jackpot run, with flat 1H transactions, yet FY view remains unchanged, including a projected 6% rise in lottery retailing volumes</p><p>** Sees 2H rebound in lottery rev with demand’s price‑inelastic nature ensuring most gains flow through despite only a slight drag on volumes</p><p>** Maintains A$9.50/shr fair value estimate</p><p>** Stock down ~13% YTD as of last close($1 = 1.4298 Australian dollars)</p><p>(Reporting by Kumar Tanishk in Bengaluru)</p><p>((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7078","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260204:nL6N3Z01DB:1","article_id":"2609182573","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609182573","pubTimestamp":1770239273,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H** Morningstar says Jumbo Interactive’s JIN.AX preliminary firsthalf results were dampened by an unfav","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7078":"赌场与赌博","JIN.AU":"JUMBO INTERACTIVE LTD"},"translate_title":"BUZZ-Morningstar表示澳大利亚Jumbo Interactive上半年表现疲软，但预计彩票将在下半年反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JIN.AU":0.9},"content_text":"BUZZ-Morningstar flags soft 1H for Australia's Jumbo Interactive but expects lottery rebound in 2H** Morningstar says Jumbo Interactive’s JIN.AX preliminary first‑half results were dampened by an unfavourable jackpot run, but it expects lottery revenue to rebound in the second half** Lottery operator reported preliminary 1H underlying EBITDA of A$37.5 million ($26.23 million), up 23% YoY** Investment research firm says results reflect an unfavourable jackpot run, with flat 1H transactions, yet FY view remains unchanged, including a projected 6% rise in lottery retailing volumes** Sees 2H rebound in lottery rev with demand’s price‑inelastic nature ensuring most gains flow through despite only a slight drag on volumes** Maintains A$9.50/shr fair value estimate** Stock down ~13% YTD as of last close($1 = 1.4298 Australian dollars)(Reporting by Kumar Tanishk in Bengaluru)((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}