Income Statement The Lottery Corporation Limited

Stocks

TLC

AU0000219529

Casinos & Gaming

Market Closed - Australian S.E. Other stock markets 04:11:00 11/06/26 pm AEST			5-day change	1st Jan Change
5.540 ^AUD	+1.47%		+7.36%	+7.36%

04/06	Lottery Bets on Digital Growth, Cost Discipline at Investor Day, Says Jefferies	MT
03/06	The Lottery Corporation Limited - Analyst/Investor Day

3f363670b27e45f235.EUNRE5jOEZU9zzykjaifgIfuz3Q947Z5Y0xt7UXm9cg.QwpoZPHjYP9lmATj3Mz7wtPdt1l5sIQNLx4jiB-lhadWFQkhwb4iw2eKBA

Published financial data: THE LOTTERY CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	2.95B	3.28B	3.51B	4B	3.75B
Other Revenues, Total	-	-	1.3M	1.7M	3.6M
Total Revenues	2.95B	3.28B	3.51B	4B	3.75B
Cost of Goods Sold, Total	88.6M	96.2M	117M	141M	157M
Gross Profit	2.86B	3.18B	3.4B	3.86B	3.6B
Selling General & Admin Expenses, Total	532M	570M	635M	766M	755M
Depreciation & Amortization - (IS)	56.9M	61.9M	98.2M	108M	105M
Other Operating Expenses	1.81B	2B	2.05B	2.27B	2.09B
Other Operating Expenses, Total	2.4B	2.63B	2.78B	3.14B	2.95B
Operating Income	466M	548M	615M	716M	644M
Interest Expense, Total	-400K	-9.8M	-118M	-127M	-126M
Interest And Investment Income	300K	100K	2.1M	13.5M	11M
Net Interest Expenses	-100K	-9.7M	-116M	-114M	-115M
Other Non Operating Income (Expenses)	-2.3M	-1.7M	-5.8M	-5M	-3.4M
EBT, Excl. Unusual Items	463M	536M	493M	598M	526M
Restructuring Charges	-	-	-101M	-53.3M	-
Gain (Loss) On Sale Of Investments	74.4M	-	-	-	-
Gain (Loss) On Sale Of Assets	-500K	-1.1M	-800K	-600K	-
Asset Writedown	-	-8.8M	-4.8M	1.1M	5.2M
Legal Settlements	-	-	-	5.5M	-
EBT, Incl. Unusual Items	537M	526M	386M	550M	531M
Income Tax Expense	138M	180M	122M	136M	166M
Earnings From Continuing Operations	399M	347M	265M	414M	366M
Net Income to Company	399M	347M	265M	414M	366M
Net Income - (IS)	399M	347M	265M	414M	366M
Net Income to Common Incl Extra Items	399M	347M	265M	414M	366M
Net Income to Common Excl. Extra Items	399M	347M	265M	414M	366M
Per Share Items
Net EPS - Basic	0.18	0.16	0.12	0.19	0.16
Basic EPS - Continuing Operations	0.18	0.16	0.12	0.19	0.16
Basic Weighted Average Shares Outstanding	2.23B	2.23B	2.23B	2.23B	2.22B
Net EPS - Diluted	0.18	0.16	0.12	0.19	0.16
Diluted EPS - Continuing Operations	0.18	0.16	0.12	0.19	0.16
Diluted Weighted Average Shares Outstanding	2.23B	2.23B	2.23B	2.23B	2.23B
Normalized Basic EPS	0.13	0.15	0.14	0.17	0.15
Normalized Diluted EPS	0.13	0.15	0.14	0.17	0.15
Dividend Per Share	-	-	0.14	0.16	0.16
Payout Ratio	-	-	66.01	65.22	93.02
Supplemental Items
EBITDA	498M	581M	677M	781M	702M
EBITA	491M	574M	655M	756M	680M
EBIT	466M	548M	615M	716M	644M
Effective Tax Rate - (Ratio)	25.64	34.14	31.49	24.77	31.17
Total Current Taxes	148M	168M	155M	191M	173M
Total Deferred Taxes	-10.5M	11.2M	-33.1M	-17.4M	-7.2M
Normalized Net Income	289M	335M	308M	374M	329M
Interest on Long-Term Debt	400K	9.8M	118M	127M	126M
Supplemental Operating Expense Items
Advertising Expense	43M	46.8M	43.3M	47.3M	48.2M
Selling and Marketing Expenses	501M	530M	587M	709M	700M
General and Administrative Expenses	30.8M	39.8M	47.7M	57.3M	55.4M
Stock-Based Comp., Other (Total)	-	1.8M	6.9M	4.1M	6.6M
Total Stock-Based Compensation	-	1.8M	6.9M	4.1M	6.6M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	212M	316M	434M	446M	477M
Short Term Investments	129M	226M	306M	58.1M	73.6M
Trading Asset Securities, Total	-	1.3M	14.1M	13.5M	27.3M
Total Cash And Short Term Investments	341M	543M	755M	518M	578M
Accounts Receivable, Total	11.8M	23.4M	4.6M	14.9M	18.9M
Other Receivables	14.2M	24.5M	37.2M	32.8M	22.8M
Total Receivables	26M	47.9M	41.8M	47.7M	41.7M
Prepaid Expenses	1.3M	4.2M	13.6M	19.2M	21.8M
Other Current Assets, Total	89.9M	112M	116M	122M	127M
Total Current Assets	458M	707M	926M	706M	769M
Gross Property Plant And Equipment	131M	271M	286M	320M	336M
Accumulated Depreciation	-99.9M	-115M	-139M	-164M	-175M
Net Property Plant And Equipment	31.5M	156M	147M	157M	161M
Long-term Investments	128M	360M	316M	564M	563M
Goodwill	1.51B	2.08B	2.08B	2.08B	2.08B
Other Intangibles, Total	582M	898M	888M	846M	822M
Other Long-Term Assets, Total	-	13M	10.6M	8.1M	6.7M
Total Assets	2.71B	4.22B	4.37B	4.36B	4.41B
Liabilities
Accrued Expenses, Total	2.3M	12.2M	14M	15M	15.7M
Short-term Borrowings	1.32B	-	-	-	-
Current Portion of Long-Term Debt	-	900K	10.8M	9.1M	160M
Current Portion of Leases	500K	9.6M	10.4M	12.4M	13.3M
Current Income Taxes Payable	-	12.2M	36.2M	40.6M	32.7M
Other Current Liabilities	744M	931M	987M	949M	1.01B
Total Current Liabilities	2.07B	966M	1.06B	1.03B	1.23B
Long-Term Debt	-	2.39B	2.46B	2.39B	2.26B
Long-Term Leases	2.7M	86.5M	79M	76.2M	66.8M
Pension & Other Post Retirement Benefits	200K	2.2M	2.4M	2.2M	2.8M
Deferred Tax Liability Non Current	118M	220M	165M	141M	130M
Other Non Current Liabilities	249M	310M	342M	365M	396M
Total Liabilities	2.44B	3.97B	4.11B	4B	4.08B
Common Stock, Total	8.3M	786M	780M	786M	786M
Retained Earnings	264M	580M	644M	746M	699M
Treasury Stock	-	-	-	-3.2M	-4.3M
Comprehensive Income and Other	-100K	-1.12B	-1.16B	-1.17B	-1.16B
Total Common Equity	272M	243M	265M	363M	322M
Total Equity	272M	243M	265M	363M	322M
Total Liabilities And Equity	2.71B	4.22B	4.37B	4.36B	4.41B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.23B	2.23B	2.23B	2.23B	2.22B
ECS Total Common Shares Outstanding	2.23B	2.23B	2.23B	2.23B	2.22B
Book Value / Share	0.12	0.11	0.12	0.16	0.14
Tangible Book Value	-1.82B	-2.74B	-2.71B	-2.57B	-2.58B
Tangible Book Value Per Share	-0.82	-1.23	-1.22	-1.15	-1.16
Total Debt	1.33B	2.49B	2.56B	2.49B	2.5B
Net Debt	985M	1.94B	1.8B	1.97B	1.92B
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.3M	1.7M	400K	300K	-1.1M
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	3.9M	-	-	-	-
Buildings, Total	5.1M	-	-	-	-
Machinery, Total	114M	159M	180M	214M	232M
Full Time Employees	-	-	-	800	900
Accumulated Allowance for Doubtful Accounts (Supple)	100K	100K	-	-	100K

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	399M	347M	265M	414M	366M
Depreciation & Amortization - CF	9.1M	9M	33.1M	36.1M	34M
Amortization of Goodwill and Intangible Assets - (CF)	25.4M	26.6M	39.8M	39.8M	35.7M
Depreciation & Amortization, Total	34.5M	35.6M	72.9M	75.9M	69.7M
Amortization of Deferred Charges, Total - (CF)	11.4M	14M	25.3M	32.4M	35.4M
(Gain) Loss From Sale Of Asset	500K	1.1M	800K	600K	-
(Gain) Loss on Sale of Investments - (CF)	-74.4M	-	-	-	-
Asset Writedown & Restructuring Costs	-	8.8M	4.8M	-1.1M	-5.2M
Stock-Based Compensation (CF)	-	1.8M	6.9M	4.1M	6.6M
Other Operating Activities, Total	9.3M	20.3M	2.6M	-1.1M	6.3M
Change In Accounts Receivable	-11.1M	-16.3M	11M	4.3M	6.9M
Change In Accounts Payable	-61.6M	193M	85.9M	-11.7M	71.7M
Change In Income Taxes	-700K	12.2M	24M	4.4M	-7.9M
Change In Deferred Taxes	-10.1M	10.6M	-33.2M	-17.4M	-7.2M
Change in Other Net Operating Assets	11.8M	-3.1M	-9.3M	-11.6M	-100K
Cash from Operations	309M	624M	456M	493M	542M
Capital Expenditure	-21.2M	-24.4M	-79.6M	-68.5M	-71.6M
Sale of Property, Plant, and Equipment	15.4M	-	-	-	-
Cash Acquisitions	-	18.7M	-	-	-
Investment in Marketable and Equity Securities, Total	25M	-57.8M	-	-	-
Other Investing Activities, Total	-	-	-41.6M	-19.1M	-24.4M
Cash from Investing	19.2M	-63.5M	-121M	-87.6M	-96M
Long-Term Debt Issued, Total	-	380M	-	-	10M
Total Debt Issued	-	380M	-	-	10M
Short Term Debt Repaid, Total	-329M	-835M	-	-	-
Long-Term Debt Repaid, Total	-1.6M	-1.6M	-9.6M	-80.2M	-10.7M
Total Debt Repaid	-331M	-837M	-9.6M	-80.2M	-10.7M
Repurchase of Common Stock	-	-	-7M	-2M	-2.2M
Common Dividends Paid	-	-	-175M	-270M	-340M
Common & Preferred Stock Dividends Paid	-	-	-175M	-270M	-340M
Special Dividend Paid	-	-	-22.3M	-	-
Other Financing Activities, Total	-	-	-3.3M	-41.6M	-71.8M
Cash from Financing	-331M	-457M	-217M	-394M	-415M
Net Change in Cash	-2.6M	104M	118M	11.4M	31M
Supplemental Items
Cash Interest Paid	2.7M	5.8M	119M	123M	124M
Cash Income Tax Paid (Refund)	148M	157M	131M	149M	180M
Levered Free Cash Flow	-	526M	410M	362M	411M
Unlevered Free Cash Flow	-	532M	484M	441M	490M
Change In Net Working Capital	-	-163M	-73.7M	50.3M	-47.3M
Net Debt Issued / Repaid	-331M	-457M	-9.6M	-80.2M	-700K

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	9.88	8.95	10.25	9.18
Return on Total Capital	-	15.82	13.85	15.77	14.19
Return On Equity %	-	134.58	104.33	131.87	106.73
Return on Common Equity	-	134.58	104.33	131.87	106.73
Margin Analysis
Gross Profit Margin %	97	97.07	96.67	96.48	95.82
SG&A Margin	18.01	17.39	18.07	19.17	20.13
EBITDA Margin %	16.89	17.73	19.26	19.53	18.72
EBITA Margin %	16.63	17.51	18.64	18.91	18.12
EBIT Margin %	15.77	16.7	17.51	17.91	17.17
Income From Continuing Operations Margin %	13.53	10.57	7.53	10.35	9.74
Net Income Margin %	13.53	10.57	7.53	10.35	9.74
Net Avail. For Common Margin %	13.53	10.57	7.53	10.35	9.74
Normalized Net Income Margin	9.81	10.22	8.77	9.34	8.76
Levered Free Cash Flow Margin	-	16.04	11.66	9.05	10.96
Unlevered Free Cash Flow Margin	-	16.23	13.76	11.04	13.06
Asset Turnover
Asset Turnover	-	0.95	0.82	0.92	0.86
Fixed Assets Turnover	-	34.97	23.2	26.34	23.62
Receivables Turnover (Average Receivables)	-	186.28	250.94	409.91	221.83
Short Term Liquidity
Current Ratio	0.22	0.73	0.88	0.69	0.63
Quick Ratio	0.18	0.61	0.75	0.55	0.5
Operating Cash Flow to Current Liabilities	0.15	0.65	0.43	0.48	0.44
Days Sales Outstanding (Average Receivables)	-	1.96	1.45	0.89	1.65
Long Term Solvency
Total Debt/Equity	486.85	1.02K	966.77	685.43	777
Total Debt / Total Capital	82.96	91.1	90.63	87.27	88.6
LT Debt/Equity	0.99	1.02K	958.76	679.51	723
Long-Term Debt / Total Capital	0.17	90.72	89.88	86.51	82.44
Total Liabilities / Total Assets	89.96	94.24	93.94	91.68	92.69
EBIT / Interest Expense	1.16K	55.88	5.2	5.63	5.11
EBITDA / Interest Expense	1.25K	59.51	5.82	6.23	5.67
(EBITDA - Capex) / Interest Expense	1.2K	57.02	5.15	5.69	5.1
Total Debt / EBITDA	2.65	4.26	3.72	3.14	3.5
Net Debt / EBITDA	1.97	3.33	2.62	2.49	2.69
Total Debt / (EBITDA - Capex)	2.77	4.45	4.21	3.44	3.89
Net Debt / (EBITDA - Capex)	2.06	3.48	2.97	2.72	2.99
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.06	11.1	7.19	13.77	-6.15
Gross Profit, 1 Yr. Growth %	6.37	11.18	6.73	13.55	-6.79
EBITDA, 1 Yr. Growth %	-7.03	16.66	16.15	15.37	-10.04
EBITA, 1 Yr. Growth %	8.13	16.97	13.81	15.42	-10.07
EBIT, 1 Yr. Growth %	2.53	17.64	12.08	16.42	-10.05
Earnings From Cont. Operations, 1 Yr. Growth %	-11.27	-13.2	-23.6	56.34	-11.72
Net Income, 1 Yr. Growth %	-11.27	-13.2	-23.6	56.34	-11.72
Normalized Net Income, 1 Yr. Growth %	2	15.78	-8.1	21.14	-12.01
Diluted EPS Before Extra, 1 Yr. Growth %	-	-13.2	-23.6	56.34	-11.83
Accounts Receivable, 1 Yr. Growth %	-	98.3	-80.34	223.91	26.85
Net Property, Plant and Equip., 1 Yr. Growth %	-	395.24	-5.77	6.53	2.87
Total Assets, 1 Yr. Growth %	-	55.55	3.64	-0.15	0.94
Tangible Book Value, 1 Yr. Growth %	-	50.37	-1.16	-5.21	0.7
Common Equity, 1 Yr. Growth %	-	-10.83	9.06	37.12	-11.37
Cash From Operations, 1 Yr. Growth %	-	102.14	-26.89	7.95	9.92
Capital Expenditures, 1 Yr. Growth %	-	15.09	226.23	-13.94	4.53
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-22.21	-11.72	13.68
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-9.24	-8.78	11.06
Dividend Per Share, 1 Yr. Growth %	-	-	-	14.29	3.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.44	5.96	9.13	10.43	3.33
Gross Profit, 2 Yr. CAGR %	4.33	8.75	8.94	10.09	2.88
EBITDA, 2 Yr. CAGR %	-0.86	4.14	16.53	15.76	1.87
EBITA, 2 Yr. CAGR %	5.99	12.46	15.51	14.61	1.88
EBIT, 2 Yr. CAGR %	3.21	9.83	14.96	14.23	2.33
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.64	-12.24	-18.57	9.29	17.49
Net Income, 2 Yr. CAGR %	-3.64	-12.24	-18.57	9.29	17.49
Normalized Net Income, 2 Yr. CAGR %	2.94	8.68	3.21	5.51	3.24
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-18.57	9.29	17.41
Accounts Receivable, 2 Yr. CAGR %	-	-	-37.56	-20.2	102.7
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	116.02	0.19	4.69
Total Assets, 2 Yr. CAGR %	-	-	26.97	1.73	0.39
Tangible Book Value, 2 Yr. CAGR %	-	-	21.91	-3.21	-2.3
Common Equity, 2 Yr. CAGR %	-	-	-1.39	22.29	10.24
Cash From Operations, 2 Yr. CAGR %	-	-	21.57	-11.16	8.93
Capital Expenditures, 2 Yr. CAGR %	-	-	93.77	67.55	-5.16
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-17.13	0.18
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-9.01	0.65
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	8.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	4.56	6.37	10.65	4.6
Gross Profit, 3 Yr. CAGR %	-	6.56	8.08	10.46	4.15
EBITDA, 3 Yr. CAGR %	-	4.66	8.08	16.14	6.43
EBITA, 3 Yr. CAGR %	-	9.53	13	15.48	5.71
EBIT, 3 Yr. CAGR %	-	7.81	10.66	15.44	5.48
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-6.94	-16.2	1.21	1.79
Net Income, 3 Yr. CAGR %	-	-6.94	-16.2	1.21	1.79
Normalized Net Income, 3 Yr. CAGR %	-	7.06	2.81	8.87	-0.69
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	1.21	1.74
Accounts Receivable, 3 Yr. CAGR %	-	-	-	8.09	-6.87
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	70.67	1.08
Total Assets, 3 Yr. CAGR %	-	-	-	17.2	1.46
Tangible Book Value, 3 Yr. CAGR %	-	-	-	12.1	-1.92
Common Equity, 3 Yr. CAGR %	-	-	-	10.07	9.84
Cash From Operations, 3 Yr. CAGR %	-	-	-	16.85	-4.63
Capital Expenditures, 3 Yr. CAGR %	-	-	-	47.84	43.17
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-7.92
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-2.76
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	6.87	5.14
Gross Profit, 5 Yr. CAGR %	-	-	-	7.96	5.97
EBITDA, 5 Yr. CAGR %	-	-	-	9.02	5.55
EBITA, 5 Yr. CAGR %	-	-	-	11.59	8.41
EBIT, 5 Yr. CAGR %	-	-	-	10.39	7.25
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-0.76	-4.07
Net Income, 5 Yr. CAGR %	-	-	-	-0.76	-4.07
Normalized Net Income, 5 Yr. CAGR %	-	-	-	6.46	2.98