Duyuru • Feb 18
the Lottery Corporation Limited Announces Fully Franked Ordinary Dividend for the Period of Six Months Ended December 31, 2025, Payable on March 26, 2026 The Lottery Corporation Limited declared dividend of AUD 0.08 per share for the six months ended December 31, 2025. Record date is February 26, 2026, Ex Date is February 25, 2026 and Payment Date is March 26, 2026. Is the ordinary dividend/distribution fully franked: Yes. Duyuru • Dec 11
The Lottery Corporation Limited Appoints Wayne Pickup as Director The Lottery Corporation Limited announced that Wayne Pickup has been appointed as a Director, thereby assuming the role of Managing Director and Chief Executive Officer. Duyuru • Sep 19
The Lottery Corporation Limited Announces Resignation of Daniel Csillag as Company Secretary, Effective 19 September 2025 The Lottery Corporation announced that Daniel Csillag has resigned as a Company Secretary effective 19 September 2025. Nicholas Allton will continue to act as a Company Secretary for The Lottery Corporation. Duyuru • Sep 16
The Lottery Corporation Limited Appoints Nicholas Allton as Additional Company Secretary The Lottery Corporation advised that Nicholas Allton has been appointed as an additional Company Secretary. Declared Dividend • Aug 22
Final dividend of AU$0.085 announced Shareholders will receive a dividend of AU$0.085. Ex-date: 27th August 2025 Payment date: 25th September 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 26% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Duyuru • Aug 21
The Lottery Corporation Limited Announces Fully Franked Ordinary Dividend for the Period of Six Months Ended June 30, 2025, Payable on September 25, 2025 The Lottery Corporation Limited announced fully franked ordinary dividend of AUD 0.08500000 per share for the period of six months ended June 30, 2025. Ex Date is August 27, 2025. Record Date is August 28, 2025. Payment Date is September 25, 2025. Reported Earnings • Aug 20
Full year 2025 earnings released: EPS: AU$0.16 (vs AU$0.19 in FY 2024) Full year 2025 results: EPS: AU$0.16 (down from AU$0.19 in FY 2024). Revenue: AU$3.75b (down 6.1% from FY 2024). Net income: AU$365.5m (down 12% from FY 2024). Profit margin: 9.7% (in line with FY 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in Australia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Board Change • Aug 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Non-Executive Director Harry Boon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Jul 21
The Lottery Corporation Limited, Annual General Meeting, Oct 15, 2025 The Lottery Corporation Limited, Annual General Meeting, Oct 15, 2025. Board Change • Feb 04
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). MD, CEO & Director Sue van der Merwe is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Harry Boon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 24
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). MD, CEO & Director Sue van der Merwe is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Harry Boon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Dec 16
The Lottery Corporation Limited Appoints Tim Poole as Non-Executive Director The Lottery Corporation Limited (TLC) announced that Mr. Tim Poole will join the Board as a Non- executive Director, subject to the receipt of all necessary regulatory and Ministerial approvals. Mr. Poole has significant experience as a non-executive director in a range of public and private companies across various sectors including infrastructure, transport, property, financial services and mining. He is currently the Chairman of Aurizon Holdings Limited and a non-executive director of Reece Limited. Mr. Poole was formerly the Managing Director of Hastings Funds Management and, prior to his role at Hastings, was a Senior Consultant at Price Waterhouse. Mr. Poole will be formally appointed as a Non-executive Director following the receipt of all necessary regulatory and Ministerial approvals. In the interim, he will act as an observer to the Board, with effect from 16 December 2024. Recent Insider Transactions • Oct 17
MD, CEO & Director recently bought AU$810k worth of stock On the 11th of October, Sue van der Merwe bought around 159k shares on-market at roughly AU$5.09 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Sue's only on-market trade for the last 12 months. Duyuru • Aug 23
The Lottery Corporation Limited Announces Final Fully Franked Ordinary Dividend, Payable on 25 September 2024 The Lottery Corporation Limited announced a final ordinary dividend of 8.0 cents per share. This brings the full year ordinary dividend (interim and final) to 16.0 cents per share, representing a dividend payout ratio of 86% of FY24 NPAT before significant items. Final dividend will be fully franked and payable on 25 September 2024 to shareholders registered at 29 August 2024. The ex-dividend date is 28 August 2024. Reported Earnings • Aug 21
Full year 2024 earnings released: EPS: AU$0.19 (vs AU$0.12 in FY 2023) Full year 2024 results: EPS: AU$0.19 (up from AU$0.12 in FY 2023). 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. 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. Duyuru • Jul 16
The Lottery Corporation Limited to Report Fiscal Year 2024 Results on Aug 21, 2024 The Lottery Corporation Limited announced that they will report fiscal year 2024 results on Aug 21, 2024 Duyuru • Mar 04
The Lottery Corporation Limited, Annual General Meeting, Oct 01, 2024 The Lottery Corporation Limited, Annual General Meeting, Oct 01, 2024, at 10:01 E. Australia Standard Time. Declared Dividend • Feb 23
First half dividend of AU$0.08 announced Shareholders will receive a dividend of AU$0.08. Ex-date: 28th February 2024 Payment date: 28th March 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (87% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 36% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 22
First half 2024 earnings released: EPS: AU$0.098 (vs AU$0.078 in 1H 2023) First half 2024 results: EPS: AU$0.098 (up from AU$0.078 in 1H 2023). Revenue: AU$1.89b (down 1.8% from 1H 2023). Net income: AU$217.4m (up 26% from 1H 2023). Profit margin: 12% (up from 9.0% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Australia. Duyuru • Jan 18
The Lottery Corporation Limited to Report First Half, 2024 Results on Feb 21, 2024 The Lottery Corporation Limited announced that they will report first half, 2024 results on Feb 21, 2024 Duyuru • Dec 11
The Lottery Corporation Appoints Stephen Morro as Non-executive Director The Lottery Corporation announced that, following the receipt of all necessary regulatory and ministerial approvals, Mr. Stephen Morro has formally commenced as a Non-executive Director of the company, effective from December 11, 2023. Mr. Morro was first appointed as an observer to the Board on 30 June 2023. Duyuru • Nov 01
Patrick McGlinchey to Leave The Lottery Corporation Limited as Chief Legal & Risk Officer and Co-Company Secretary The Lottery Corporation Limited announced that the Company's Chief Legal & Risk Officer and Co-Company Secretary Patrick McGlinchey will be leaving the Company to pursue other opportunities. Mr. McGlinchey held various executive roles at Tabcorp Holdings Limited from December 2018, including Chief Legal and Risk Officer and Co-Company Secretary. He assumed his current role at The Lottery Corporation upon the implementation of the demerger of The Lottery Corporation from Tabcorp in June 2022. The Lottery Corporation will shortly commence a replacement process. Daniel Csillag will continue to act as a Company Secretary and as the person nominated under Listing Rule 12.6 for communication with ASX with regard to Listing Rule matters. New Risk • Aug 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (AU$909k sold). Duyuru • Aug 23
The Lottery Corporation Limited Announces Fully Franked Dividend for the Period of Six Months Ended June 30, 2023, Payable on September 20, 2023 The Lottery Corporation Limited announced ordinary fully franked dividend of AUD 0.06000000 per share for the period of six months ended June 30, 2023. Ex Date is August 29, 2023, Record Date is August 30, 2023 and Payment Date is September 20, 2023. Reported Earnings • Aug 23
Full year 2023 earnings released Full year 2023 results: Revenue: AU$4.50b (up 37% from FY 2022). Net income: AU$264.8m (down 24% from FY 2022). Profit margin: 5.9% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Hospitality industry in Australia are expected to grow by 8.3%. Recent Insider Transactions • Jul 04
MD, CEO & Director recently sold AU$909k worth of stock On the 27th of June, Sue van der Merwe sold around 180k shares on-market at roughly AU$5.05 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sue's only on-market trade for the last 12 months. Reported Earnings • Feb 24
First half 2023 earnings released: EPS: AU$0.078 (vs AU$0.089 in 1H 2022) First half 2023 results: EPS: AU$0.078 (down from AU$0.089 in 1H 2022). Revenue: AU$1.92b (up 15% from 1H 2022). Net income: AU$172.9m (down 13% from 1H 2022). Profit margin: 9.0% (down from 12% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Australia. Board Change • Dec 28
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). MD, CEO & Director Sue van der Merwe is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Harry Boon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.