Jumbo Interactive Ltd
JIN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <H | LOCK|v$T | LOCK|&$&hJG |
Jumbo Interactive: We Expect Customer Acquisition Costs to Rise and Cut our Fair Value Estimate
We take a fresh look at Jumbo Interactive's customer acquisition costs amid an apparent decline in fiscal 2025 lottery volumes. Fiscal 2024 was a bumper year. Last year's record AUD 200 million Powerball jackpot was a one-in-seven-year event, alone about 7% of Lottery Corp's lottery turnover.
