Jumbo Interactive boost interim dividend after profit increase

Company News

by Rachael Jones

Lottery game operator Jumbo Interactive (ASX:JIN) saw Total Transaction Value, Revenue and Profit all increase compared to the prior corresponding period with NPAT up 140 per cent to $12.7 million compared to $5.3 million in the same period.

This is largely due to improved customer engagement, higher jackpot activity and effective cost control.

Revenue is at $30.5 million, that's 58 per cent up from last year's half year figure of $19.3 million.

EBITDA is at $19.1 million up 112 per cent from $9.0 million in the prior corresponding period.

Based on the profitable half year period, a fully franked interim dividend of 15.0 cents per ordinary share has been declared for the half year, that's up from 7.5 cents in 2017.

Shares in Jumbo Interactive (ASX:JIN) are trading 2.92 per cent to $9.52.
 

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