Jumbo Interactive (ASX:JIN) Forecasts FY24 Underlying EBITDA Margin Between 48% to 50%

<WIRE> Jumbo Interactive (ASX:JIN) Forecasts FY24 Underlying EBITDA Margin Between 48% to 50%

Friday, 23 February 2024

Jumbo Interactive (ASX:JIN) anticipates an underlying EBITDA margin in the range of 48% to 50% for the group’s financial year 2024.

The company also confirmed the outlook for FY24.

Future projections suggest the underlying operating cost growth will expand at a slower rate compared to revenue on a like-for-like basis.

In addition to these financial forecasts, Jumbo Interactive (ASX:JIN) announced the appointment of Jatin Khosla as their new Chief Financial Officer.

Jumbo Interactive is an online lottery company that sells lottery tickets through its platform, it operates under regulated conditions and holds retail agreements with well-established lotteries around the world.

<SPON> Trade share CFDs with Plus500

Apr 4, 2022

Global online trading services company, Plus500:

Plus500 trading platform allows you to trade shares from all popular markets such as USA, UK, Germany and more, with leverage and low spreads. Using our advanced trading tools, you can also control your profits and losses.

Plus500AU Pty Ltd, AFSL #417727 issued by Australian Securities and Investments Commission. Based in Sydney.

LINK

<AD>

<WIRE> Jumbo Interactive (ASX:JIN) Forecasts FY24 Underlying EBITDA Margin Between 48% to 50%

Supported by

<SPON> Trade share CFDs with Plus500

Subscribe to the newsletter