Added to YB: 2024-05-29
Pitch date: 2024-05-28
JIN.AX [bullish]
Jumbo Interactive Limited
-25.84%
current return
Author Info
Robin's Research is a self-taught long-term investor sharing stock pitches in their newsletter. Sign up for the newsletter.
Company Info
Jumbo Interactive Limited engages in the retail of lottery tickets through internet and mobile devices in Australia, the United Kingdom, Canada, Fiji, and internationally.
Market Cap
AUD 632.0M
Pitch Price
AUD 15.14
Price Target
75.00 (+568%)
Dividend
5.39%
EV/EBITDA
7.83
P/E
15.55
EV/Sales
3.73
Sector
Hotels, Restaurants and Leisure
Category
growth
Jumbo Interactive (AU:JIN)
JIN.AX: Digital lottery specialist w/ $130M turnover, $685B TAM. Pure-play platform for charities & govts in AU, CA, UK. CEO owns 15%. B2C, B2B, B2G model earns % of ticket sales. Resilient mkt growing online, entering underserved charity segment. Founder-led, cash-rich, 25% CAGR via M&A & organic growth. Risks: Regulation, reputation. Quality platform & brand are moat. $75 2029 PT.
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