Trading Update December 2012
Dec 12, 2012
- HY December 2012 TTV in the range of $58 to $62 million forecast
- HY December 2012 revenue in the range of $13.8 to $14.8 million forecast
- Continued robust trading on ozlotteries.com, with customer database of 1.50 million at 30 November 2012
- Cash position $18.8 million as at 31 october 2012 (total cash $23.9 million less customer funds $5.1 million)
Leading interactive lottery business, Jumbo Interactive (ASX: JIN), is pleased to announce that half year Revenue for the six months to 31 December is expected to be between $13.8 to $14.8 million.
Total Transaction Value (TTV) of ticket sales for the same period is expected in the range $58 to $62 million.
“Jumbo’s core Australian lottery business continued its strong growth helped by a record $100 million OzLotto jackpot in November, 2012”, said Mr Mike Veverka, CEO of Jumbo Interactive Limited.
“We have invested significantly in our International expansion strategy and are very pleased with the two recently announced landmark deals in the USA and Latin America. These deals validate Jumbo’s products suite and provide access to a combined $64 billion lottery market with a population of 400 million people”, he said.