The Lottery Corporation Limited

ASX:TLC Stock Report

Market Cap: AU$13.2b

Lottery Management

Management criteria checks 2/4

Lottery's CEO is Sue van der Merwe, appointed in Jun 2022, has a tenure of 3.25 years. total yearly compensation is A$4.76M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth A$4.14M. The average tenure of the management team and the board of directors is 3.3 years and 2.9 years respectively.

Key information

Sue van der Merwe

Chief executive officer

AU$4.8m

Total compensation

CEO salary percentage28.89%
CEO tenure3.3yrs
CEO ownership0.03%
Management average tenure3.3yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

The Lottery Corporation Limited's (ASX:TLC) Business Is Yet to Catch Up With Its Share Price

Aug 19
The Lottery Corporation Limited's (ASX:TLC) Business Is Yet to Catch Up With Its Share Price

Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?

Jul 30
Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?

Returns On Capital Are A Standout For Lottery (ASX:TLC)

Jul 11
Returns On Capital Are A Standout For Lottery (ASX:TLC)

Are The Lottery Corporation Limited (ASX:TLC) Investors Paying Above The Intrinsic Value?

May 12
Are The Lottery Corporation Limited (ASX:TLC) Investors Paying Above The Intrinsic Value?

We Ran A Stock Scan For Earnings Growth And Lottery (ASX:TLC) Passed With Ease

Apr 25
We Ran A Stock Scan For Earnings Growth And Lottery (ASX:TLC) Passed With Ease

Lottery (ASX:TLC) Knows How To Allocate Capital Effectively

Apr 07
Lottery (ASX:TLC) Knows How To Allocate Capital Effectively

Earnings Not Telling The Story For The Lottery Corporation Limited (ASX:TLC)

Mar 17
Earnings Not Telling The Story For The Lottery Corporation Limited (ASX:TLC)

Lottery (ASX:TLC) Is Due To Pay A Dividend Of A$0.08

Feb 24
Lottery (ASX:TLC) Is Due To Pay A Dividend Of A$0.08
User avatar

Acceleration Of Powerball Jackpots Will Attract More Customers

Digital expansion and customer-centric initiatives, like game innovation, are driving revenue growth by attracting younger demographics and enhancing engagement.

Estimating The Fair Value Of The Lottery Corporation Limited (ASX:TLC)

Feb 06
Estimating The Fair Value Of The Lottery Corporation Limited (ASX:TLC)

Does Lottery (ASX:TLC) Deserve A Spot On Your Watchlist?

Dec 20
Does Lottery (ASX:TLC) Deserve A Spot On Your Watchlist?

The Lottery Corporation Limited's (ASX:TLC) Share Price Not Quite Adding Up

Nov 07
The Lottery Corporation Limited's (ASX:TLC) Share Price Not Quite Adding Up

A Look At The Intrinsic Value Of The Lottery Corporation Limited (ASX:TLC)

Oct 17
A Look At The Intrinsic Value Of The Lottery Corporation Limited (ASX:TLC)

Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?

Sep 20
Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?

CEO Compensation Analysis

How has Sue van der Merwe's remuneration changed compared to Lottery's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$5mAU$1m

AU$366m

Mar 31 2025n/an/a

AU$369m

Dec 31 2024n/an/a

AU$372m

Sep 30 2024n/an/a

AU$393m

Jun 30 2024AU$4mAU$1m

AU$414m

Mar 31 2024n/an/a

AU$362m

Dec 31 2023n/an/a

AU$309m

Sep 30 2023n/an/a

AU$287m

Jun 30 2023AU$3mAU$1m

AU$265m

Mar 31 2023n/an/a

AU$293m

Dec 31 2022n/an/a

AU$321m

Sep 30 2022n/an/a

AU$334m

Jun 30 2022AU$2mAU$135k

AU$347m

Compensation vs Market: Sue's total compensation ($USD3.12M) is about average for companies of similar size in the Australian market ($USD2.67M).

Compensation vs Earnings: Sue's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Sue van der Merwe

3.3yrs
Tenure
AU$4,755,977
Compensation

Ms. Sue van der Merwe serves as Managing Director and Chief Executive Officer at Lottery Corporation Ltd. since June 1, 2022 and serves as its Director since May 20, 2022. She served as the Managing Direct...

Leadership Team

NamePositionTenureCompensationOwnership
Sue van der Merwe
MD, CEO & Director3.3yrsAU$4.76m0.031%
A$ 4.1m
Adam Newman
Chief Financial Officer3.3yrsAU$1.59m0.019%
A$ 2.5m
Andrew Shepherd
Chief Customer & Marketing Officer3.3yrsAU$1.17m0.0071%
A$ 931.2k
Callum Mulvihill
Chief Commercial Officer3.3yrsAU$1.15m0.0062%
A$ 812.7k
Loren Somerville
Chief Information Officerno datano datano data
Chris Richardson
General Manager of Investor Relations & Treasuryno datano datano data
Nicholas Allton
Chief Legal & Risk Officer1.1yrsno datano data
Rob Ure
Chief Corporate Development Officer2.7yrsno datano data
Michelle Williams
Chief People Officerno datano datano data
Antony Moore
Chief Channel Officerno datano datano data
Rick Wallace
Senior Manager Corporate Affairsno datano datano data
Daniel Csillag
Company Secretary2.6yrsno datano data
3.3yrs
Average Tenure

Experienced Management: TLC's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sue van der Merwe
MD, CEO & Director3.3yrsAU$4.76m0.031%
A$ 4.1m
Harry Boon
Independent Non-Executive Director3.3yrsAU$259.52k0.0034%
A$ 451.8k
Douglas McTaggart
Independent Non-Executive Chairman2.9yrsAU$580.35k0.0030%
A$ 399.1k
Stephen Morro
Non-Executive Independent Director1.8yrsAU$229.95k0.0018%
A$ 237.1k
Timothy Poole
Non-Executive Independent Directorless than a yearAU$101.54k0.0025%
A$ 331.9k
Anne Brennan
Independent Non-Executive Director3.3yrsAU$262.80k0.0017%
A$ 227.9k
Megan Quinn
Non-Executive Independent Director2.9yrsAU$229.95k0.00045%
A$ 59.3k
John K. O'Sullivan
Non-Executive Independent Director2.9yrsAU$259.52k0.0019%
A$ 243.7k
2.9yrs
Average Tenure
66yo
Average Age

Experienced Board: TLC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/06 19:41
End of Day Share Price 2025/09/05 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Lottery Corporation Limited is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew RyanBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Ware KuoBofA Global Research