Stock Analysis

Lottery Full Year 2024 Earnings: Beats Expectations

Published
ASX:TLC

Lottery (ASX:TLC) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$4.00b (up 14% from FY 2023).
  • Net income: AU$414.0m (up 56% from FY 2023).
  • Profit margin: 10% (up from 7.5% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.19 (up from AU$0.12 in FY 2023).
    ASX:TLC Earnings and Revenue Growth August 21st 2024

    All figures shown in the chart above are for the trailing 12 month (TTM) period

    Lottery Revenues and Earnings Beat Expectations

    Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%.

    Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Australia.

    Performance of the Australian Hospitality industry.

    The company's shares are down 1.2% from a week ago.

    Risk Analysis

    What about risks? Every company has them, and we've spotted 2 warning signs for Lottery you should know about.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.