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Jumbo outperforms guidance with 21% revenue growth

19th February 2018 6:12 am GMT

Sydney-listed lottery operator Jumbo Interactive has reported a 21 per cent increase in revenue to AUD$19.3m (approx. €12.0m) for its financial first half ended December 31st, with results coming in ahead of the company’s revised guidance.

Total transaction value (TTV) rose 28 per cent year-on-year to $89.1m, driven by improvements to Jumbo’s software platform and marketing processes, which led to an increase in active customer numbers and average spend per customer.

The company also benefited from an increase in [...]

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