Australia's Jumbo Interactive set for best day since July on strong FY results

Jumbo Interactive

26/08/2022 03:32

** Shares of Jumbo Interactive  JIN.AX  jump as much as 6.4%
to A$14.84, set for their best day since July 6, if gains hold
    ** The lottery games retailer reports a 25% jump in FY22
revenue to A$104.3 mln ($72.63 mln), driven higher by
performances across all its operating segments like lottery
retailing and software as a service  urn:newsml:reuters.com:*:nFWN3012K4
    ** It posts an underlying FY net profit after tax A$32.2
mln, up 14% from the prior corresponding period; declares a
fully franked final dividend of 20.5 AU cents per share
    ** Also announces an on-market share buy-back of up to A$25
million
    ** Shares hit highest since Aug 9, rises for a second
consecutive week 
    ** Jumbo stock down ~27.5% this year, as of last close
    
    ($1 = 1.4360 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))