Slides
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FY26 Results Presentation Jumbo Interactive Limited For the full-year ending 30 June 2026 27 August 2026
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FY26 Results Presentation – 27 August 2026 This presentation contains summary information about the activities of Jumbo Interactive Limited ABN 66 009 189 128 (Jumbo) and its controlled subsidiaries (Group) current as at the date of this presentation. It should be read in conjunction with Jumbo’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX), including the 2026 Annual Report, 2026 Corporate Governance Statement, 2026 Impact Report and 2026 Results Media Release released on 27 August 2026 available at www.asx.com.au. This presentation is for information purposes only and is not a prospectus or product disclosure statement, financial product or investment advice, recommendation or any other form of disclosure or offer or solicitation to buy or sell Jumbo shares under Australian law or in any other jurisdiction. This presentation has been prepared without taking into account any individual recipient’s (Prospective Investor) investment objectives, financial circumstances or particular needs. Prospective Investors should seek legal and taxation advice prior to making an investment decision. No representation or warranty, express or implied, is made as to the accuracy, completeness or thoroughness of the information contained in this presentation, nor as to the future performance of Jumbo shares. This presentation may contain certain forward-looking statements including statements regarding Jumbo’s current anticipated belief, expectation or intent with respect to the Group’s future performance. Such forward-looking statements are based upon information presently known, assumptions regarding numerous factors and subjective judgement, and are subject to various risks, contingencies and uncertainties which are beyond the control of Jumbo. Accordingly, the actual results or performance of the Group could differ materially from those expressed or implied in such forward-looking statements. Prospective Investors are cautioned not to place undue reliance on forward-looking statements. Except as required by law or regulation (including the ASX Listing Rules), Jumbo undertakes no obligation to update these forward-looking statements. Past performance information given in this presentation is provided for illustrative purposes only and is not, nor should it be relied upon as, an indication or guarantee of future performance. All dollar values are in Australian dollars (A$) unless otherwise stated. Disclaimer
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Mike Veverka Managing Director, CEO and Founder Business Update
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FY26 Results Presentation 3 FY26 Overview Business Update By Segment Financials Conclusion | Outlook Australia Resilient performance, improved mix, new partnerships • Market share performance reflects subdued jackpots • Charity & proprietary products driving improvement in revenue margin • SaaS momentum with external revenue up 20%1 • SaaS partnership with RSL Queensland to power Australia’s largest prize home lottery 1. Excluding Lotterywest which was impacted by softer domestic jackpots. 2. Unaudited management accounts 3. Excluding customer account cash balances Record Group EBITDA, built on resilient Australia performance and new international B2C growth engine Dream Giveaways International B2C growth engine established • Dream UK +23% annualised underlying EBITDA growth on the £8.3m2 for the 12 months to 30 April 2025 • Dream US delivered highest underlying EBITDA in 5 years • First 90-day integration phase complete, Phase 2 execution underway Managed Services Solid performance, operating leverage emerging • $8.4m underlying EBITDA contribution • UK delivered in line with expectations • Stride performed ahead of expectations Capital Management Balance sheet strength supporting shareholder returns and debt reduction • $77 million in available cash3 and undrawn debt • $34 million of debt repaid in FY26 • FY26 dividend of 27.0 cps (top end of revised payout range) • On-market buyback continuing on a disciplined basis
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FY26 Results Presentation 4 1,125.8 FY25: 996.1 (+13%) 193.6 FY25: 145.3 (+33%) 85.2 FY25: 68.3 (+25%) 1. Underlying reflects adjustments for one-off costs: EBITDA $8.7m in FY26 (FY25: ($0.4m)) and NPATA $6.9m in FY26 (FY25: ($0.2m)). 2. NPATA and EPSA are before amortisation of acquired intangible assets. 3. Operating cashflow less capex, adjusted for M&A due diligence and integration costs. Total Transaction Value ($m) Group Revenue ($m) Underlying EBITDA1 ($m) Revenue Margin 17.2% (FY25: 14.6%) Und. EBITDA Margin 43.2% (FY25: 47.0%) 50.6 FY25: 42.3 (+20%) 47.0 FY25: 42.0 (+12%) 27.0 FY25: 54.5 Underlying NPATA1,2 ($m) Free Cash Flow3 ($m) Dividend Declared (cps) Und. EPSA1,2 80.2 cps (FY25: 67.6 cps) Lottery Retailing 420 (FY25: 457) Cash Conversion 136%3 (FY25: 105%) 1HY: 12.0 cps (24.0) | 2HY: 15.0 cps (30.5) Business Update By Segment Financials Conclusion | Outlook Key Metrics Double-digit growth across key financial metrics
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FY26 Results Presentation 5 Underlying EBITDA Contribution (8½ months) £8.0m – £8.3m (Feb-26) £7.0m – £7.3m (Oct-25) Australia (Lottery Retailing + SaaS + Corporate) Business Update By Segment Financials Conclusion | Outlook Underlying EBITDA Margin 46% – 50% Underlying EBITDA Growth1 10% – 15% 47.7% FY26 Report Card FY26 guidance metrics - 4 out of 5 met or exceeded 10.2% ✓ 46.2% Underlying EBITDA Growth1 20% – 25% £7.2m US$5.3m Underlying EBITDA Contribution (8 months) US$2.7m – US$3.0m Dream UK Dream US Managed Services United Kingdom Managed Services Canada Guidance FY26 Result ✓ ✓ ✓ Business 1. Local currency underlying EBITDA growth
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FY26 Results Presentation 6 Avg Div. 1 jackpot per draw ($m) No. of jackpots (≥$30m | <$70m) Peak Div. 1 jackpot ($m) No. of jackpots (≥$70m | <$100m) Agg. Div. 1 jackpots ($B) No. of jackpots (≥$100 million) Business Update By Segment Financials Conclusion | Outlook Powerball | Oz Lotto Division 1 large jackpots (≥$30m) 24 14 17 21 18 24 24 21 6 3 4 3 3 4 6 4 1.6 1.2 0.8 1.4 1.2 1.9 1.5 1.0 20 40 -5.5 -5.0 -4.5 -4.0 -3.5 -3.0 -2.5 -2.0 -1.5 -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 0 FY19 2 FY21 1 FY22 FY23 FY24 FY25 2 FY26 32 20 19 26 22 32 31 232 2 FY20 49 61 44 54 52 60 49 42 100 150 80 120 160 200 100 80 1HY23 2HY23 1HY24 2HY24 1HY25 2HY25 1HY26 2HY26 Estimated Jumbo Share of Sales1 (%) 1. Jumbo’s share estimate of total Powerball and Oz Lotto ticket sales calculated as Oz Lotteries TTV divided by internal estimate of total lottery ticket sales (based on game mechanics). Lottery Retailing Market share performance reflects subdued jackpots FY21 FY22 FY23 FY24 FY25 FY26 Market Share
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FY26 Results Presentation 7 Active Players2 (‘000s) Digital Penetration1 (%) New Players (‘000s) 919 914 1,091 858 736 FY22 FY23 FY24 FY25 FY26 Average Spend2 ($ / Active Player) Marketing costs3 (% / TTV) Average Revenue2 ($ / Active Player) 475.1 467.1 498.4 533.0 570.4 FY22 FY23 FY24 FY25 FY26 41.1 42.0 44.3 45.7 46.6 FY22 FY23 FY24 FY25 FY26 395.9 300.2 423.5 191.7 144.2 FY22 FY23 FY24 FY25 FY26 1.7 1.3 1.7 2.0 2.7 FY22 FY23 FY24 FY25 FY26 99 100 113 126 141 FY22 FY23 FY24 FY25 FY26 1. TLC FY26 Results Presentation. 2. Over a 12-month period. 3. Excluding promotion costs. Includes record $200M Powerball Business Update By Segment Financials Conclusion | Outlook Lottery Retailing Historically low jackpots (1 in c.45 year outcome1) impacting key player metrics
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FY26 Results Presentation 8 TTV ($M) Active Players2 (million) 167 FY22 FY23 FY241 FY25 FY26 196 225 251 289 15.1% 1.20 1.43 1.67 1.74 1.91 FY22 FY23 FY241 FY25 FY26 +9.6% 1. Excludes St Helena Hospice contribution in FY24. Transitioned to StarVale (Managed Service segment) from May -24. 2. Over a 12-month period. 3. Internal estimate following market scan and program value assessment. 4. For RSL/Brightstar background, refer ASX announcements: Jumbo signs SaaS agreement with RSL Queensland (9-Sep-25) | Lotterywest awards contract for gaming and digital solution to Brightstar Lottery (18-Dec-25) 5. Player Account Management (PAM) module is the system that manages a player’s lottery account. Charity | Government Business Update By Segment Financials Conclusion | Outlook Software-as-a-Service Scaling partnerships, growing share Project Updates4 RSL Queensland (live 15-Aug-25) - Largest charity lottery program in Australia (~$200M TTV per year) - Increase proforma charity market share3 from 24% to 54% Dream US (live 24-Aug-25) - Unlocking the mobile app capability - Enhanced data and marketing capabilities Brightstar - PAM5 component: commercial terms not agreed – reflects commercial discipline - Digital component: negotiations ongoing and subject to Board approval
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FY26 Results Presentation 9 Well positioned to deliver profitable growth and operating leverage ✓ Exceeded £100 million in TTV for the first time ✓ +10% increase in underlying EBITDA ✓ Disciplined cost management offset record prize payouts (21 jackpots versus 5-year average of 14) ✓ 97% client CSAT score and +74 NPS score (Gatherwell) ✓ Digitisation and streamlining of processes driving efficiencies (StarVale) ✓ Continue to invest in future growth as a holistic provider of Managed Services United Kingdom Canada ✓ +46% increase in underlying EBITDA ✓ New business wins, product investment and favourable campaign timing ✓ Expanded Stride's capabilities across technology, marketing and customer engagement ✓ Advanced lifecycle marketing capabilities, supporting stronger campaign performance and higher- value service revenue ✓ Further strengthened Stride's integrated operating model Business Update By Segment Financials Conclusion | Outlook Managed Services Strong execution, operating leverage emerging
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Brad Board Chief Operating Officer Integration Update
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FY26 Results Presentation 11 Market Opportunity (Total Population1) 27 million 70 million 349 million DCG (UK) DCG (UK) DG (US) Technology Marketing Best in Class Bespoke Bespoke Developed Scaling Constrained Scale (Active Customers) 0.7M 0.8M 0.2M Products (draws per year) Reseller 1,000+ Product Owner 3,000+ Product Owner 29 1. Source: United States, United Kingdom and Australia Population (2026)Worldometer. 2. Annualised FY26 in A$M; Underlying TTV and EBITDA; Exchange rates of £0.514 = A$1; US$0.691 = A$1; Brand Dream Team Accelerating growth through International B2C acquisitions Key Financials2 (TTV | EBITDA) $420M | $33M $143M | $20M $35M | $12M Business Update By Segment Financials Conclusion | Outlook
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FY26 Results Presentation 12 T TTV (£M) Dream Team First 90 days integration phase complete, Phase 2 execution underway Integration Principles Operational Governance Model 1. Preserve momentum through a balanced approach 2. Drive growth through strategic collaboration 3. Clear succession planning for sustained growth T TTV (£M) 1. Full integration of core support functions 2. Operational autonomy with Jumbo support and oversight: • Direction and business plan setting • Growth enablement • Day-to-day performance management Phase 1: Set up for Success Phase 2: Value Enablement First 90 days CY26 CY27+ Phase 3: Scale Core Function Integration Technology Assessments Establish oversight and governance Jumbo Lottery Platform Capability (Succession, Marketing Talent) Jumbo Supported Growth Initiatives Target B2C Operating Model in place Sustained Governance & Risk Management Robust continuous improvement framework Business Update By Segment Financials Conclusion | Outlook
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FY26 Results Presentation 13 Dream Team Strategic Rationale – Confidence Bolstered Alignment with Strategy Established / Market Leader Proven Performance Significant value creation opportunity • Low-cost, high-impact integration onto the Jumbo Lottery Platform (JLP) unlocking mobile app capability and enhanced data and marketing • OZL experience & learnings applicable in US • USPs of JLP prompting earlier integration window • Growth model aligned with Group experience • Continuity of leadership supporting efficient execution • Transformation underway to expand total addressable market (TAM) • Embedding experienced commercial leader (Jul- 26) on top of entrepreneurial foundations • Business Performance tracking ahead of original expectations • Highly engaged and loyal player base • Performance remains stable • Early insights highlight meaningful untapped growth potential • Market and underlying model continue to grow • Demonstrated ability to scale draw cadence and drive operational flexibility • Increased draw cadence showing early results in engaging current customer base • Senior Marketing leader onboarded (Aug-26) alongside new marketing agency, building out digital expertise to leverage JLP capabilities • POC growth initiatives tested with encouraging results • Significant brand equity reinforced Business Update By Segment Financials Conclusion | Outlook
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Jatin Khosla CFO Financial Update
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FY26 Results Presentation 15 Underlying EBITDA bridge – FY25 vs FY26 ($’000) 68,691 68,274 63,388 85,224 76,542 1,519 21,836 One-offs1 FY25 EBITDA Underlying Revenue Cost of Sales Opex FY26 EBITDA Reported One-offs1FY26 EBITDA Underlying Dream Giveaways2 FY26 EBITDA Underlying (Pre-DG) Other (417) (1,547) (4,738) (120) (8,682) FY25 EBITDA Reported -7.2% 1. FY26 One-off adjustments of $8.7M (FY25: $0.4M)– refer to slide 33 for further information. 2. 8.5 months contribution from Dream Car Giveaways UK and 8 months contribution from Dream Giveaway USA (both acquired in October 2025). Business Update By Segment Financials Conclusion | Outlook 39.5% EBITDA Margin 47.0% EBITDA Margin 47.3% EBITDA Margin 8.7% 1.1% 6.6% Underlying EBITDA Resilient performance ahead of Dream Giveaways uplift 44.1% EBITDA Margin 43.2% EBITDA Margin Remove footnotes 2 and 3, and make 4 2
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FY26 Results Presentation 16 Underlying operating expense bridge – FY25 vs FY26 ($’000) 55,216 54,383 59,121 93,944 97,603 2,180 2,349 1,057 34,823 3,659 FY26 Reported One-offs1FY26 Underlying Dream Giveaways2 FY26 Underlying (Pre-DG) OtherTechnologyBonus & SBPEmployeePromotionsMarketingFY25 Underlying (833) (314) (326) (208) One-offs1FY25 Reported +8.7% 1.9% 22.8% 1. One-off adjustments – refer to slide 33 for further information. 2. 8.5 months contribution from Dream Car Giveaways UK and 8 months contribution from Dream Giveaway USA (both acquired in October 2025). 8.8% 140.2% Business Update By Segment Financials Conclusion | Outlook Cost Management Growth investment partially offset by disciplined cost management 8.1% 12.4% Total people costs 12.6% 15.5% Total marketing costs 3.6% Other costs
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FY26 Results Presentation 17 FY26 FY25 0.1% (30,710) 1 (33,724)1 2.7% 30,7101 33,7241 8.6% 1.6% 9.3% 75.6% 10.1% -off items2 - 19.2% - - n/a - - -1. Corporate and intersegment (i.e. Includes elimination of intersegment revenue) 2. FY26 one-off adjustments: i. LR: (a) $0.9m representing service fee reconciliation adjustment in relation to historical periods taken up in FY26 ; (b) $38k of costs relating to the closure of the Fiji office; ii. Corporate: (a) The acquisition costs of $3.3m reflect one -off consulting & legal expenses including due diligence costs associat ed with acquisitions; (b) Costs associated with the integration of new acquisitions into the business of $0.4m ; (c) Fluctuations in the GBP/AUD foreign exchange rate resulted in an unrealised foreign exchange loss of $0.3m on an intercompany loan between Australia and the UK; (d) Employee redundancy payments of $162k ; (e) Legal fees of $93k in relation to the LotteryWest & Brightstar subcontract in FY26. Business Update By Segment Financials Conclusion | Outlook Australia Resilient performance, within the 46% - 50% underlying EBITDA margin range A$’000 FY26 FY25 Variance %LR SaaS Corporate1 Australia LR SaaS Corporate1 Australia TTV 419,763 288,798 - 708,561 457,181 250,958 - 708,139 0.1% External revenue 103,489 11,821 - 115,310 108,047 10,522 - 118,569 2.7% Intersegment revenue - 30,710 (30,710) - - 33,724 (33,724) - -% Revenue 103,489 42,531 (30,710) 115,310 108,047 44,246 (33,724) 118,569 2.7% Cost of Sales (48,280) (362) 30,710 (17,932) (53,024) (316) 33,724 (19,616) 8.6% Gross Profit 55,209 42,169 - 97,378 55,023 43,930 - 98,953 1.6% Operating Expenses (22,057) (15,789) (4,872) (42,719) (19,640) (13,666) (4,951) (38,257) 11.7% Other income/(loss) 12 300 - 312 493 (96) 53 450 30.7% Underlying EBITDA 33,163 26,680 (4,872) 54,971 35,876 30,168 (4,898) 61,146 10.1% One-off items2 (931) - (4,246) (5,177) 1,518 - (1,015) 503 - EBITDA 32,232 26,680 (9,118) 49,794 37,394 30,168 (5,913) 61,649 19.2% Revenue Margin 24.7% 14.7% n/a 16.3% 23.6% 17.6% n/a 16.7% - Revenue Margin (external) 4.1% 4.2% Underlying EBITDA Margin 32.0% 62.7% n/a 47.7% 33.2% 68.2% n/a 51.6% - Old table bwlow for checking Fy26 1hy26 footnotes
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FY26 Results Presentation 18 A$’0001 FY26 FY25 Variance %UK Canada Total UK Canada Total TTV 203,471 93,055 296,526 193,239 94,755 287,994 3.0% Revenue 19,460 8,975 28,435 18,465 8,258 26,723 6.4% Cost of Sales (1,533) (2,125) (3,658) (1,294) (2,199) (3,493) 4.7% Gross Profit 17,927 6,850 24,777 17,171 6,059 23,230 6.7% Operating Expenses (12,329) (4,032) (16,361) (12,042) (4,060) (16,102) 1.6% Underlying EBITDA 5,598 2,818 8,416 5,129 1,999 7,128 18.1% One-off items2 - 295 295 - (86) (86) - Reported EBITDA 5,598 3,113 8,711 5,129 1,913 7,042 23.7% Revenue Margin 9.6% 9.6% 9.6% 9.6% 8.7% 9.3% - Underlying EBITDA Margin 28.8% 31.4% 29.6% 27.8% 24.2% 26.7% - 1. FX rate: £0.506 : A$1; C$0.938 : A$1; 2. FY26 relates to a $0.3M expense accrual recognised in Stride in FY25 and reversed in FY26; Business Update By Segment Financials Conclusion | Outlook Managed Services Strong EBITDA growth with margin expansion in Canada and disciplined execution in UK
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FY26 Results Presentation 19 A$’0001 FY26 Dream UK2 Dream US2 Total Underlying TTV3 101,374 23,119 124,493 Underlying Net Revenue3 35,145 18,477 53,622 Cost of Sales4 (2,790) (1,325) (4,115) Gross Profit 32,355 17,152 49,507 Marketing Expenses (13,993) (5,782) (19,775) Employee Expenses (1,691) (2,939) (4,630) Other Expenses5 (2,570) (696) (3,266) Underlying EBITDA 14,101 7,735 21,836 One-off items6 - (3,799) (3,799) Reported EBITDA 14,101 3,936 18,037 Reported TTV 101,374 19,320 120,694 Reported Revenue 35,145 14,678 49,823 Underlying Revenue Margin 34.7% 79.9% 43.1% Underlying EBITDA Margin 40.1% 41.9% 40.7% Marketing expense (% of Underlying TTV) 13.8% 25.0% 15.9% 1. FX rate: £0.514 : A$1; USD$0.691 : A$1; 2. Reflects an ~8½-month and ~8-month contribution from Dream Car Giveaways UK and Dream Giveaway USA respectively (acquired in Oct ober 2025). 3. Removal of $3.8m non-cash acquisition accounting fair value adjustment described in the note 5. 4. Cost of sales includes charitable contributions, merchant fees, prize modification, prize transport, and professional fees. 5. Includes car resales income 6. $3.8m non-cash acquisition accounting adjustment under AASB3, relating to the fair value adjustment of DG USA deferred revenue a t acquisition for the draws that commenced prior to acquisition and were completed during the year, the fair value adjustment reduced both TTV and reported revenue by $3.8m in FY26. 7. Refer ASX Investor Presentations - Strategic acquisition of Dream Car Giveaways (15 October 2025) and Strategic Acquisition of D ream Giveaway (30 October); based on unaudited management accounts. 8. Dream US benefited from a transitional overlap of legacy long -duration and new short-duration draw revenue, so headline period -on-period comparisons are not directly comparable. Business Update By Segment Financials Conclusion | Outlook Dream Giveaways Performing ahead of comparative figures disclosed at time of acquisition Local currency FY26 Disclosed at Acquisition7 Dream UK £7.2M (8½ months) £8.3M (12 months to April-25) Dream US US$5.3M (8 months) US$4.6M (12 months to Jul-25) Underlying EBITDA vs Comparative (as disclosed at time of acquisition) • Dream UK performance reflects annualised growth of 23% • Dream US performance materially higher than preceding period8
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FY26 Results Presentation 20 Balance Sheet ($m) FY26 FY25 Cash and cash equivalents 48.1 79.9 Other current assets 27.2 7.8 Non-current assets 250.6 92.1 Total Assets 325.9 179.8 Current liabilities 74.8 37.0 Non-current liabilities 117.4 21.1 Total Liabilities 192.2 58.1 Net Assets | Equity 133.7 121.7 Available Funds ($m) FY26 FY25 Cash and cash equivalents 48.1 79.9 Customer deposits (12.1) (14.3) Available cash 36.0 65.6 Undrawn debt 41.4 50.0 Available cash and undrawn 77.4 115.6 JK to add comment about undrawn debt facility @JC – should we add a comment about interest earned Business Update By Segment Financials Conclusion | Outlook Capital Management Balance sheet strength and flexibility robust capital reserves, zero debt, and the flexibility to invest in growth. • Strong liquidity with available funds1 and undrawn debt of $77.4m • FY26 final ordinary dividend of 15.0 cps (FY26 total dividend of 27.0 cps) – Reflecting a dividend Payout Ratio of 49.5% of statutory NPAT – At the top end of the targeted 30% to 50% payout range – Record date: 4 September 2026 | Payment date: 17 September 2026 • Strategic investment of $130M of net cash deployed to establish Dream Giveaways B2C growth engine – Supported by upsized debt facility, increasing limit from $50M to $120M • Conservative debt profile: – 0.5x Net leverage | 16.1x interest coverage – $33.7m of debt repaid since completion of acquisitions – Ongoing focus on further debt reduction • Continuation of on-market share buy-back2 1. Excluding customer account balances of $12.1m (FY25: $14.3m). 2. On-market share buy-back of up to $25m conducted on an opportunistic basis and commenced in September 2022. The timing and number of shares to be purchased continues to depend on the prevailing share price and alternative capital deployment opportunities. Jumbo reserves the right to vary, suspend or terminate the program at any time. As at 30 June 2026, $11.5m of shares had been purchased at an average price of $12.26.
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FY26 Results Presentation 21 Cash Flow Reconciliation ($M) 79.9 48.1 36.0 67.9 59.2 41.4 Available Funds FY26 Final Dividend Undrawn Debt FY26 Pro forma Funds Debt repayment Opening Cash Operating Cash Flow3 Intangible Assets PPE Purchase of DG Entities4 Dividend5 Share Buyback Other6 (6.9) (0.8) Closing Cash (33.7) (26.6) (0.4) (12.1) (15.7) (4.4) Customer Deposits Bank interest (2.3) (9.5) $47.0m (FY25: $42.0m) Free Cash Flow2 135.9% (FY25: 104.5%) Cash Conversion Ratio1 1. Cash Conversion Ratio = Free Cash Flow / NPAT. 2. Free Cash Flow is Operating Cash Flow less capex (IA and PPE) 3. Operating Cash Flow has been adjusted for M&A due diligence ($3.3M), integration costs ($0.4M) and Bank Interest ($4.4M) 4. Net acquisition post debt: $130.5M net cash outflow with $118.4M of debt and adjusted for $3.7M M&A costs. 5. FY25 Final Dividend and FY26 Interim Dividend 6. Includes lease liabilities and FX movement. Pro forma adjustments Business Update By Segment Financials Conclusion | Outlook Cash Generation Strong organic capital generation
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Strategy & FY27 Outlook Mike Veverka Managing Director, CEO and Founder
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FY26 Results Presentation 23 Revenue ($M) EBITDA ($M) Operating Cash Flow ($M) 1. FY25 and FY26 were impacted by a subdued jackpot environment – no jackpots >$100m. 2. The Board revised Jumbo’s dividend payout ratio to a range of 30% to 50% of statutory Group NPAT. The revised payout ratio is intended to maintain balance sheet strength, support debt reduction and ensure Jumbo remains well positioned to deliver sustainable long-term shareholder returns FY21 FY22 FY23 FY24 FY25 FY26 83 104 119 159 145 194 FY21 FY22 FY23 FY24 FY25 FY26 47 54 58 75 69 77 36.5 42.5 43.0 54.5 54.5 FY21 FY22 FY23 FY24 FY251 27.02 FY261 35 44 55 61 49 51 +18% p.a. 5-year CAGR (FY21 to FY26) +10% p.a. 5-year CAGR (FY21 to FY26) +8% p.a. 5-year CAGR (FY21 to FY26) 2H 1H Dividend declared Proven track record of growing earnings and cash Another strong result, second only to FY24 which was boosted by record jackpots Proven track record of growing earnings and cash $200M Powerball in Feb-24
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FY26 Results Presentation 24 Our Strategy Annualised run rate Extended run of bad jackpots, bullish on lotteries, look to extend, favourably digital penetato Annualised run-rate Vision Mission Strategic Pillars Enablers To be the heart of the world’s best winnings experiences We create premium digital entertainment experiences that people love Protect & Grow Oz Lotteries Execute Dream Transformation Optimise Software & Managed Services Accelerate Growth through M&A People Technology Governance Business Update By Segment Financials Conclusion | Outlook Protecting the Core, Scaling for Growth
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FY26 Results Presentation 25 TTV (£M)TTV (£M) Key Assumptions Lottery Retailing • TTV driven by large jackpot frequency and size • Charity and proprietary products to deliver a 3 - 5% share of Lottery Retailing TTV • Revenue margin to decline slightly, reflecting a more normalised jackpot environment and associated shift in product mix • Marketing spend to support player engagement and retention across jackpot cycles – Lottery Retailing marketing costs of 2.5% - 3.0% of Lottery Retailing TTV – Promotion costs of 0.50% - 0.75% of Lottery Retailing TTV SaaS • TTV momentum sustained with incremental TTV from RSL Queensland • External revenue margin between 3.25% to 3.50% (client mix) • $0.8m-$1.0m intersegment platform fee1 from Dream US (3.2% of TTV) Australia (Lottery Retailing + SaaS + Corporate) Underlying EBITDA Margin 46% - 50% FY26: 47.7% Key Assumptions Dream Giveaways • UK: Underlying EBITDA contribution of £11.3m – £11.8m, reflecting profitable growth and increased investment as the business transitions from its founders to Jumbo – Represents 10%- 15% growth on the annualised FY26 performance • US3: Underlying EBITDA contribution of US$5.6m – US$6.2m, reflecting strong TTV growth under the new shorter-duration draw model – Includes $0.8m-$1.0m Dream US intersegment platform fee1 (~3.2% of TTV) Managed Services • UK: Mid single digit underlying EBITDA growth, driven by a return to normalised prize payouts and continued cost discipline • Canada: Mid-single digit underlying EBITDA growth, supported by new business wins and cost discipline, partly offset by renewal risk on some key contracts where retention pricing outcomes are uncertain • Target dividend payout ratio of 30% to 50% of statutory NPAT • On-market share buy-back remains disciplined and opportunistic • Continued net debt reduction following FY26 acquisition funding, supporting balance sheet flexibility 1. Internal transfer-pricing allocation between segments only: increases reported SaaS segment EBITDA and reduces Dream US segment EBITDA by a corresponding amount, with no impact on Group underlying EBITDA. 2. Assumes average FY27 exchange rates of GBP/AUD $0.52, USD/AUD $0.72 and CAD/AUD $0.99. 3. FY26 benefited from a transitional overlap of legacy long -duration and new short-duration draws; FY27 reflects a full year under the new short-duration model, so headline period -on-period comparisons are not directly comparable. FY27 Group Outlook Business Update By Segment Financials Conclusion | Outlook International (Managed Services + Dream Giveaways) $36m - $40m FY26: $30.3m Underlying EBITDA2 Guidance provided in line with the key assumptions above. Key sensitivities include jackpot frequency/size and FX movements. Dream UK assumes existing VAT treatment continues to apply. Capital Management
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FY26 Results Presentation 26 Jumbo’s Evolution Jumbo is a diversified, international, technology-enabled lottery and prize draw company Proven track record in lotteries Technology-led competitive advantage Expanding international growth platform Scaled and engaged customer ecosystem Capital light business model Prudent and balanced capital management High-performing team Decades of experience delivering consistent growth through jackpot cycles and changing economic conditions Underpinned by best-in-class proprietary lottery software, deep digital marketing capability and continuous product innovation B2B and new B2C opportunities in the UK and North America, broadening our addressable market and diversifying our earnings base Over 5 million active players1 across our platforms providing valuable data insights to optimise the customer experience Scalable financial model generating strong financial returns and cash generation Focused on maintaining financial strength, supporting growth investment and delivering sustainable shareholder returns Nimble and innovative workplace culture combined with deep expertise that enables disciplined execution and long-term value creation 1. Over a 12-month period. 2. Underlying EBITDA $19m EBITDA FY18 $68m FY25 EBITDA2 FY25 Now $85m FY26 EBITDA2 International Australia Business Update By Segment Financials Conclusion | Outlook
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Questions
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Supplementary Information
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FY26 Results Presentation 29 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Sep-18 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Sep-17 Dec-17 Mar-18 Jun-18 Mar-23 Div. 1 Jackpot ≥ $30M Div. 1 Jackpot < $30M FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 1. Excludes contribution from WA customers transitioned to SaaS (effective Dec-2020). JIN Lottery Retailing TTV1 - Rolling 12-month Australian lotteries Resilient at lower jackpots
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FY26 Results Presentation 30 Source: Australian Gambling Statistics, Tabcorp, TLC, Lotterywest. FY1990 FY1991 FY1992 FY1993 FY1994 FY1995 FY1996 FY1997 FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2019 2.4 2.6 2.7 2.7 2.8 2.9 3.0 2.9 3.1 3.2 3.2 3.4 3.5 3.7 3.8 3.9 4.0 4.1 4.4 4.5 4.3 4.8 5.2 4.8 4.9 5.3 5.0 4.7 6.5 6.6 7.2 7.9 7.8 8.7 8.1 7.8 5.2 3.4% Recession Recession COVID-19 Australian lotteries sales over time ($bn) GFC 3.4% p.a. FY1990 to FY2026 CAGR Australian lotteries Consistent and resilient growth over the long term Retail Digital 3 year Average 46.6% FY26 Digital Penetration
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FY26 Results Presentation 31 2024 total internet revenues as a % of total lottery sales1 1. La Fleur’s 2025 Internet Report 2. Australia online penetration based on The Lottery Corporation’s 1HY25 Results Presentation; 3. Lotterywest (WA) online penetration based on Lotterywest’s 2024-25 Annual Report. 4. Digital penetration for individual draws based on The Lottery Corporation’s 1H24 Results Investor Presentation transcript | FY24 Results Presentation 1% 3% 6% 10% 11% 12% 14% 16% 17% 18% 18% 18% 18% 19% 28% 31% 32% 33% 34% 35% 38% 38% 47% 42% 43% 47% 47% 50% 57% 62% 63% 64% 64% 74% 76% 78% 80% Spain Rhode Island, USA South Korea Canada North Dakota, USA France D.C., USA Georgia, USA Pennsylvania, USA Germany Switzerland Lithuania Illinois, USA Lotterywest3 Croatia Italy Greece Austria West Virginia, USA North Carolina, USA Hungary Australia2 Taiwan Czech Republic Vietnam New Zealand United Kingdom Virginia, USA Uruguay Finland Sweden Estonia Poland Kazakhstan Norway Iceland Kentucky, USA 47%47%4 $200M Powerball (1 Feb 2024) >50%4 $90M OzLotto (26 Dec 2023) Australian lotteries Significant growth potential from online penetration vs rest of the world
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FY26 Results Presentation 32 Active players provide the foundation for future growth 0.4 0.4 0.4 0.8 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 1.0 1.8 2.9 4.0 4.6 4.4 5.4 Active players who made a purchase in the 12-month period (million) Australia Managed Services - United Kingdom Managed Services - Canada Dream Giveaways - United Kingdom Dream Giveaways - US Q: Did we get Canada and UK B2B numbers? Yes, bothe UK And cad
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FY26 Results Presentation 33 Group FY26 Reconciliation to FY26 reported earnings 1. Net profit after tax / Earnings Per Share before amortisation of acquired intangible assets. 2. Reflect due diligence costs (consultants & legal) associated with the acquisition of Dream UK and Dream US. 3. FY26 reflects redundancy payments in Australia; FY25 reflects redundancy payments in Australia and Canada. 4. Partial non-cash acquisition accounting adjustment under AASB3, relating to the fair value of Dream US deferred revenue at acquisition. This related to draws that commenced prior to acquisition and were completed during FY26. 5. FY26 includes i) Costs relating to the integration of new acquisitions; ii) $0.9m service fee reconciliation adjustment in relation to historical periods taken up in FY26; iii) $38k of costs relating to the closure of the Fiji office; iv) Legal fees in relation to the LotteryWest & Brightstar subcontract; v) Fluctuations in the GBP/AUD foreign exchange rate resulted in an unrealised foreign exchange loss of $0.3m on an intercompany loan between Australia and the UK. FY25 includes i) Following the finalisation of the StarVale earnout, $834k (£425k) of contingent consideration (held in escrow) was released; ii) The de-recognition of a customer liability balance of $1.5M as the obligation expired during the period; iii) Fluctuations in the GBP/AUD foreign exchange rate resulted in an unrealised foreign exchange loss of $1.1m on an intercompany loan between Australia and the UK. $’000 Statutory Underlying FY26 FY25 Variance FY26 FY25 Variance EBITDA 76,542 68,691 11.4% 85,224 68,274 24.8% EBIT 55,360 55,501 (0.3%) 64,042 55,084 16.3% NPAT 34,574 40,175 (13.9%) 41,437 39,941 3.7% NPATA1 43,701 42,538 2.7% 50,564 42,304 19.5% EPS (cps) 54.8 64.2 (14.6%) 65.7 63.8 3.0% EPSA1 (cps) 69.3 67.9 2.1% 80.2 67.6 18.6% Add/(deduct) significant one-off items $'000 FY26 FY25 Merger & Acquisition activity costs2 3,291 409 Employee payments3 162 424 Deferred Revenue fair value adjustment4 3,799 - Other5 1,430 (1,250) EBITDA / EBIT adjustments (pre-tax) 8,682 (417) Tax benefit/ (expense) (1,819) 183 NPAT / NPATA adjustments (post-tax) 6,863 (234)
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FY26 Results Presentation 34 Group FY26 Consolidated Results FY24 FY23 Variance -Based Payments (SBP) 2 1 1. Net profit after tax and before amortisation of acquired intangible assets. 2. Includes a $1.0m R&D incentive tax credit (FY25: $873k). $'000 FY26 FY25 Variance 1HY 2HY FY26 1HY 2HY FY25 1HY 2HY FY TTV 524,063 601,719 1,125,782 453,400 542,732 996,132 15.6% 10.9% 13.0% Revenue 85,277 108,291 193,568 66,130 79,162 145,292 29.0% 36.8% 33.2% Cost of sales (12,293) (14,306) (26,599) (10,781) (12,328) (23,109) (14.0%) (16.0%) (15.1%) Gross profit 72,984 93,985 166,969 55,349 66,834 122,183 31.9% 40.6% 36.7% Other revenue 2,513 4,663 7,176 1,193 531 1,724 110.6% 778.2% 316.2% Expenses (excl. SBP) (42,782) (54,120) (96,902) (24,934) (29,821) (54,755) (71.6%) (81.5%) (77.0%) EBITDA (excl. SPB) 32,715 44,528 77,243 31,608 37,544 69,152 3.5% 18.6% 11.7% Share-Based Payments (SBP) (483) (218) (701) (426) (35) (461) (13.4%) (522.9%) (52.1%) EBITDA 32,232 44,310 76,542 31,182 37,509 68,691 3.4% 18.1% 11.4% Depreciation and amortisation (4,839) (4,888) (9,727) (4,878) (5,251) (10,129) 0.8% 6.9% 4.0% EBITA 27,393 39,422 66,815 26,304 32,258 58,562 4.1% 22.2% 14.1% Amort. of acquired intangible assets (IA) (3,644) (7,811) (11,455) (1,599) (1,462) (3,061) (127.9%) (434.3%) (274.2%) EBIT 23,749 31,611 55,360 24,705 30,796 55,501 (3.9%) 2.6% (0.3%) Net interest revenue (1,543) (3,177) (4,720) 1,059 734 1,793 (245.7%) (532.8%) (363.2%) NPBT 22,206 28,434 50,640 25,764 31,530 57,294 (13.8%) (9.8%) (11.6%) Income tax expense2 (6,742) (9,324) (16,066) (7,904) (9,215) (17,119) 14.7% (1.2%) 6.2% NPAT 15,464 19,110 34,574 17,860 22,315 40,175 (13.4%) (14.4%) (13.9%) Amortisation of IA after tax 2,913 6,214 9,127 1,256 1,107 2,363 131.9% 461.3% 286.2% NPATA1 18,377 25,324 43,701 19,116 23,422 42,538 (3.9%) 8.1% 2.7% Need to understand why SBP is so low in 2H25?
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FY26 Results Presentation 35 Group FY26 Segment Results $'000 Lottery Retailing SaaS Corporate3 | Eliminations Australia (LR + SaaS + Corp) Managed Services Dream Giveaways International (MS + DG) Total (Aus + MS + DG) Total Underlying TTV 419,763 288,799 - 708,562 296,526 124,493 421,019 1,129,581 Revenue – External 103,489 11,821 - 115,310 28,435 53,622 82,057 197,367 Revenue – Intersegment4 - 30,710 (30,710) - - - - - Total Underlying Revenue 103,489 42,531 (30,710) 115,310 28,435 53,622 82,057 197,367 Cost of Sales – External (17,570) (362) - (17,932) (3,658) (4,115) (7,773) (25,705) Cost of Sales – Intersegment4 (30,710) - 30,710 - - - - - Gross Profit 55,209 42,169 - 97,378 24,777 49,507 74,284 171,662 Employee Expenses (6,328) (11,438) (2,320) (20,086) (10,891) (4,630) (15,521) (35,607) Marketing Expenses (13,665) (10) (2) (13,677) (226) (19,774) (20,000) (33,677) Technology Expenses (1,039) (1,893) (114) (3,046) (642) (467) (1,109) (4,155) Other Expenses1,2 (1,013) (2,148) (2,437) (5,598) (4,602) (2,799) (7,401) (12,999) Operating Expenses2 (22,045) (15,489) (4,872) (42,407) (16,361) (27,670) (44,031) (86,438) Underlying EBITDA 33,163 26,680 (4,872) 54,971 8,416 21,837 30,253 85,224 Underlying EBITDA margin (%) 32.0% 62.7% 15.9% 47.7% 29.6% 40.7% 36.9% 43.2% Reported EBITDA 32,232 26,680 (9,118) 49,794 8,711 18,037 26,748 76,542 Reported EBITDA margin (%) 31.1% 62.7% 29.7% 43.2% 30.6% 36.2% 34.2% 39.5% 1. Includes consulting and legal, office and other costs. 2. Includes FV gain on financial liabilities, other income and other gains/(losses). 3. Includes sovereign costs e.g. Directors’ fees, CEO/CFO employee costs, share -based payments, insurance etc. 4. Elimination of intersegment. Does the underlying EBITDA for LR/SaaS need to be updated presentationally as we removed the one-off costs from LR? Change order to be consistent with MI report Underlying EBITDA One-off items Reported EBITDA
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FY26 Results Presentation 36 Group FY26 Lottery Retailing Financials FY26 FY25 Variance % Lotteries TTV $’000 400,772 442,256 (9.4%) Charity and other TTV $’000 18,991 14,925 27.2% Total TTV $’000 419,763 457,181 (8.2%) TLC Revenue $’000 90,186 98,534 (8.5%) Non-TLC Revenue $’000 13,303 9,513 39.8% Revenue $’000 103,489 108,047 (4.2%) Cost of sales1 $’000 (49,174) (53,024) (7.3%) Gross Profit $’000 54,315 55,023 (1.3%) Marketing Expenses $’000 (11,489) (9,195) 24.9% Promotion Expenses $’000 (2,176) (2,490) (12.6%) Other Expenses2 $’000 (8,418) (5,944) 41.6% Total Operating Expenses2 $’000 (22,083) (17,629) 25.3% EBITDA $’000 32,232 37,394 (13.8%) Marketing Expense – Total (% of TTV) % 3.26% 2.56% - Marketing Expense – Excluding promotions(% of TTV) % 2.74% 2.01% - Marketing Expense – Promotions only (% of TTV) % 0.52% 0.54% - Revenue Margin % 24.7% 23.6% - EBITDA Margin % 31.1% 34.6% - Key Statistics FY26 FY25 Variance % Number of jackpots ≥ $30m No. 23 31 (25.8%) Average Division 1 (Jackpots of ≥ $30m) $m 41.7 49.4 (15.4%) Peak Division 1 jackpot $m 80 100 (20.0%) Aggregate Division 1 jackpots $m 960 1,530 (37.3%) Number of new online accounts for the period accounts 144,202 191,665 (24.8%) Number of active players for the previous (12-month period) Players 735,851 857,686 (14.2%) Average spend per active online player (12-month period) $ / year 570 533 7.0% 1. Pursuant to the TLC Reseller Agreements, the service fee increased from 1.5% of the subscription price in FY21 to 2.5% in FY2 2, 3.5% in FY23 and 4.65% in FY24 and thereafter. 2. Includes FV gain on financial liabilities, other income and other gains/(losses). TTV by Product (%) 49% 19% 20% 7% 5% TTV by Platform (%) 60%24% 16% Powerball Oz Lotto Saturday Lotto Other Charities/Other Mobile App Website Autoplay I don't think other expenses is right – 78% increase??
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FY26 Results Presentation 37 Lottery Retailing Market share trend reflects subdued jackpot period Retention Game changes Estimated Jumbo Share of Sales by draw 1 (%) Division 1 prize of $10M to $30M 1. Jumbo’s share estimate of total Powerball and Oz Lotto ticket sales calculated as Oz Lotteries TTV divided by internal estima te of total lottery ticket sales (based on game mechanics). TTV Growth 7.4%1 Retention3 46% Price increase 16.1% 17.3%2 121% 14.3% Powerball Saturday Lotto 1. Calculated as Post-TTV divided by Pre-TTV. Where Pre-TTV is based on average TTV per jackpot level in the 12 months prior to the change, assuming similar jackpot mix to 1H26. Post -TTV is actual TTV from 6-Nov-25 to 13-Aug-26 (41 draws). 2. Calculated as Post-TTV divided by Pre-TTV. Where Pre-TTV is the average TTV from $5m draws from 15 -Mar-25 to 17-May- 25. Post-TTV is the average TTV from $6m draws from 24 - May-25 to 16-May-26. 3. Calculated as TTV Growth divided by Price Increase. $200M Powerball in Feb-24 0.06 0.065 0.07 0.075 0.08 0.085 0.09 Jul-22 Sep-22 Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 Nov-23 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 Jan-26 Mar-26 May-26 Period Average Individual Draw 2HY251HY251HY24 2HY241HY23 2HY23 2HY261HY26 20 19 18 19 18 19 19 18
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FY26 Results Presentation 38 Average TTV per draw Powerball (≤$50 million) OzLotto (≤$50 million) - 0.5 1.0 1.5 2.0 2.5 3.0 3.5 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 ≤$5 million >$5 to ≤$15 million ≥$20 to $50 million - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 <$20 million $20 million ≥$40 to $50 million No $50M in FY26 draws which impacted Average TTV
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FY26 Results Presentation 39 Group FY26 Managed Services Results (Local Currency) UK1 (£’000) Stride (C$'000) FY26 FY25 Var % FY26 FY25 Var % TTV 102,926 96,756 6.4% 87,295 85,614 2.0% Revenue 9,844 9,246 6.5% 8,419 7,462 12.8% Cost of sales (775) (648) (19.6%) (1,994) (1,987) (0.4%) Gross profit 9,069 8,598 5.5% 6,425 5,475 17.4% Operating Expenses2 (6,238) (6,030) (3.4%) (3,783) (3,668) (3.1%) Underlying EBITDA 2,831 2,568 10.2% 2,642 1,807 46.2% One-off items3 - - -% 277 (78) (455.4%) Reported EBITDA 2,831 2,568 10.2% 2,919 1,729 68.8% Revenue Margin 9.6% 9.6% n/a 9.6% 8.7% n/a Under. EBITDA Margin 28.8% 27.8% n/a 31.4% 24.2% n/a 1. UK is the consolidation of Gatherwell and StarVale. 2. Includes other income and other gains/(losses). 3. One-off items relate to a $0.3M expense accrual recognised in FY25 and reversed in FY26, and employee redundancies in FY25. Change order to be consistent with MI report Underlying EBITDA One-off items Reported EBITDA
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FY26 Results Presentation 40 Group FY26 Dream Giveaways Results (Local Currency) Dream UK1 (£’000) Dream US1 (US$'000) Underlying TTV 51,281 15,980 Underlying Revenue 18,059 12,772 Cost of sales2 (1,434) (915) Gross profit 16,625 11,857 Marketing Expenses (7,190) (3,996) Employee Expenses (869) (2,032) Operating Expenses3 (1,320) (481) Underlying EBITDA 7,246 5,348 One-off items4 - (2,626) Reported EBITDA 7,246 2,721 Reported TTV5 51,281 13,354 Reported Revenue5 18,059 10,146 Underlying Revenue Margin 35.2% 79.9% Underlying EBITDA Margin 40.1% 41.9% Marketing expense (% of Underlying TTV) 14.0% 25.0% 1. Reflects an ~8.5-month and ~8-month contribution from Dream Car Giveaways UK and Dream Giveaway USA respectively (acquired in October 2025). 2. Cost of sales includes charitable contributions, merchant fees, prize modification, prize transport, and professional fees. 3. US$2.6m non-cash acquisition accounting adjustment under AASB3, relating to the fair value adjustment of DG USA deferred revenue at acquisition for the draws that commenced prior to acquisition and were completed during the year, the fair value adjustment reduced both TTV and reported revenue by $2.6m in FY26. 4. Includes car resales income 5. Removal of US$2.6m non-cash acquisition accounting fair value adjustment described in the note 3. 6. Refer ASX Investor Presentations - Strategic acquisition of Dream Car Giveaways (15 October 2025) and Strategic Acquisition of Dream Giveaway (30 October); based on unaudited management accounts. 7. Dream US benefited from a transitional overlap of legacy long-duration and new short-duration draw revenue, so headline period-on-period comparisons are not directly comparable. Local currency FY26 Disclosed at Acquisition6 Dream UK £7.2M (8½ months) £8.3M (12 months to April-25) Dream US US$5.3M (8 months) US$4.6M (12 months to Jul-25) Underlying EBITDA vs Comparative (as disclosed at time of acquisition) • Dream UK performance reflects annualised growth of 23% • Dream US performance materially higher than preceding period7
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FY26 Results Presentation 41 Group FY26 Depreciation and Amortisation Acquisition Date 29-Nov-19 1-Nov-22 1-Jun-22 29-Oct-25 14-Oct-25 Local Currency £ million £ million C$ million US$ million £ million Intangible Asset Valuation (Useful Life - months) Gatherwell Starvale Stride DG US1 DCG UK1 Software 0.5 (60) 0.5 (60) 0.7 (60) - 3.3 (36) Customer contracts and relationships 0.7 (60) 8.6 (120) 7.2 (120) 5.0 (60) 38.6 (120) Trademarks - - - 3.4 (240) 9.3 (240) 1. Valuation on a provisional basis. 2. FX rate: £0.506 : A$1; USD$0.691 : A$1; C$0.938 : A$1. Illustrative Group Depreciation and Amortisation (A$M2) 11 16 16 14 10 10 10 10 21 26 26 24 FY26A FY27F FY28F FY29F Amortisation of Acquired Intangibles Depreciation and Amortisation Georgie can you add one more year to graph please Can you change the labels to “FY26A”, FY27F, FY28F, FY29F
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FY26 Results Presentation 42 Where AI enhances our value Embedding AI to enhance productivity, insight and speed End-to-end software development 100% adoption across the SDLC, from feature definition and coding to testing and CI/CD, improving speed while maintaining quality guardrails. Front office optimisation AI enabled support workflows and analytics driving quicker resolutions, smarter operational decisions and a better customer experience. Advanced analytics on proprietary player data applying AI to generate behavioural insights, optimise product mix and increase player lifetime value. Fraud detection and compliance monitoring AI assisted anomaly detection and risk oversight. Safe experimentation within governance guardrails controlled internal AI environments ensuring innovation occurs within a secure compliance framework. Workforce enablement at scale enterprise AI tools embedded across teams to increase productivity without proportionate cost growth. Talk to our 2026 Annual Report https://jumbointeractive.ai
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FY26 Results Presentation 43 Regulatory and Licences TTV (£M) Regulatory licenses and governance frameworks – operating under gaming licenses/contracts within complex regulatory frameworks across multiple jurisdictions. Ability to offer large prizes requires significant scale. Brand, reputation and trust – deep trust, sector knowledge and operational excellence within regulated lottery and charity ecosystems built over decades. Data and Platform TTV (£M) Proprietary customer data – over 5 million verified and engaged active players, supported by behavioural data accumulated over several years. Deep platform integration and switching costs – mission critical systems embedded across multiple operational workflows with long- term contracts and compliance oversight. Migration risk, training and operational complexity create significant barriers to entry. Operational and Relationships TTV (£M) Embedded operational relationships – long-standing, trusted relationships with charities, partners and regulators built on transparency, governance and social responsibility. End-to-end lottery expertise – we don’t just sell software – we operate lotteries and prize competitions at scale. This includes compliance, campaign management, prize sourcing, auditability and governance. Physical execution and prize curation – value created through sourcing niche vehicles and prizes, managing logistics and developing high quality, engaging content. AI can assist but cannot replace physical execution capability. Structural Moats Built on licences, data and relationships - as well as technology
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FY26 Results Presentation 44 Capital Management Framework Focused on executing our growth strategy while maximising shareholder value Opening Cash Organic Cash Generation Uses Closing Cash Debt Proceeds ~100% Cash Conversion1 Dividends to shareholders (30% - 50% of NPAT) Capital dynamics and dividend policy (Illustrative) Uses Objective Description Organic investment Growth Product development and innovation Debt Repayment Strengthen balance sheet Repayment of Debt Proceeds Capital Management Maximise shareholder returns On-market share buy-back2 Acquisitions Growth | Diversification EPS accretive acquisitions 1 2 3 1. Cash Conversion Ratio = Free cash flow / NPAT (where Fre e Cash Flow = Operating cash flow less capex). 2. The timing and number of shares to be purchased continues to depend on the prevailing share price and alternative capital deployment opportunities . Jumbo reserves the right to vary, suspend or terminate the program at any time. 4