🚀 VC round data is live in beta, check it out!
- Public Comps
- The Lottery Corporation
The Lottery Corporation Valuation Multiples
Discover revenue and EBITDA valuation multiples for The Lottery Corporation and similar public comparables like MGM Resorts, Wynn Resorts, Churchill Downs, OPAP Holding and more.
The Lottery Corporation Overview
About The Lottery Corporation
The Lottery Corporation is Australia's largest provider of lottery, keno, and instant-scratch products, with long-dated and/or exclusive licenses for the lottery in all Australian states and territories except Western Australia, and in most states and territories for keno. Lottery Corp has a distribution network of more than 3,800 franchised retailers that sell instant-scratch and lottery products through vendors such as newsstands, gas stations, pharmacies, and convenience stores, as well as online sales. Keno is sold in over 3,400 bars and clubs.
Founded
1998
HQ

Employees
N/A
Website
Financials (LTM)
EV
$10B
The Lottery Corporation Financials
The Lottery Corporation reported last 12-month revenue of $3B and EBITDA of $530M.
In the same LTM period, The Lottery Corporation generated $670M in gross profit, $530M in EBITDA, and $257M in net income.
Revenue (LTM)
The Lottery Corporation P&L
In the most recent fiscal year, The Lottery Corporation reported revenue of $3B and EBITDA of $540M.
The Lottery Corporation expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $670M | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 26% | XXX | 100% | XXX | XXX | XXX |
| EBITDA | $530M | XXX | $540M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 21% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $257M | XXX | $259M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
The Lottery Corporation Stock Performance
The Lottery Corporation has current market cap of $9B, and enterprise value of $10B.
Market Cap Evolution
The Lottery Corporation's stock price is $3.90.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $10B | $9B | (0.8%) | XXX | XXX | XXX | $0.12 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialThe Lottery Corporation Valuation Multiples
The Lottery Corporation trades at 3.8x EV/Revenue multiple, and 19.0x EV/EBITDA.
EV / Revenue (LTM)
The Lottery Corporation Financial Valuation Multiples
As of March 14, 2026, The Lottery Corporation has market cap of $9B and EV of $10B.
Equity research analysts estimate The Lottery Corporation's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
The Lottery Corporation has a P/E ratio of 33.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBITDA | 19.0x | XXX | 18.6x | XXX | XXX | XXX |
| EV/EBIT | 22.0x | XXX | 23.0x | XXX | XXX | XXX |
| EV/Gross Profit | 15.0x | XXX | 3.8x | XXX | XXX | XXX |
| P/E | 33.7x | XXX | 33.6x | XXX | XXX | XXX |
| EV/FCF | 31.5x | XXX | 30.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified The Lottery Corporation Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


The Lottery Corporation Margins & Growth Rates
The Lottery Corporation's revenue in the last 12 month grew by 10%.
The Lottery Corporation's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
The Lottery Corporation's rule of X is 45% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
The Lottery Corporation Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 21% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | 2% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 30% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 45% | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 83% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
The Lottery Corporation Public Comps
See public comps and valuation multiples for other Casinos & Gambling and Online Betting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| MGM Resorts | XXX | XXX | XXX | XXX | XXX | XXX |
| Wynn Resorts | XXX | XXX | XXX | XXX | XXX | XXX |
| Churchill Downs | XXX | XXX | XXX | XXX | XXX | XXX |
| OPAP Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Boyd Gaming | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
The Lottery Corporation M&A Activity
The Lottery Corporation acquired XXX companies to date.
Last acquisition by The Lottery Corporation was on XXXXXXXX, XXXXX. The Lottery Corporation acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by The Lottery Corporation
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialThe Lottery Corporation Investment Activity
The Lottery Corporation invested in XXX companies to date.
The Lottery Corporation made its latest investment on XXXXXXXX, XXXXX. The Lottery Corporation invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by The Lottery Corporation
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout The Lottery Corporation
| When was The Lottery Corporation founded? | The Lottery Corporation was founded in 1998. |
| Where is The Lottery Corporation headquartered? | The Lottery Corporation is headquartered in Australia. |
| Who is the CEO of The Lottery Corporation? | The Lottery Corporation's CEO is Sue van der Merwe. |
| Is The Lottery Corporation publicly listed? | Yes, The Lottery Corporation is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of The Lottery Corporation? | The Lottery Corporation trades under TLC ticker. |
| When did The Lottery Corporation go public? | The Lottery Corporation went public in 2022. |
| Who are competitors of The Lottery Corporation? | The Lottery Corporation main competitors are MGM Resorts, Wynn Resorts, Churchill Downs, OPAP Holding. |
| What is the current market cap of The Lottery Corporation? | The Lottery Corporation's current market cap is $9B. |
| What is the current revenue of The Lottery Corporation? | The Lottery Corporation's last 12 months revenue is $3B. |
| What is the current revenue growth of The Lottery Corporation? | The Lottery Corporation revenue growth (NTM/LTM) is 10%. |
| What is the current EV/Revenue multiple of The Lottery Corporation? | Current revenue multiple of The Lottery Corporation is 3.8x. |
| Is The Lottery Corporation profitable? | Yes, The Lottery Corporation is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of The Lottery Corporation? | The Lottery Corporation's last 12 months EBITDA is $530M. |
| What is The Lottery Corporation's EBITDA margin? | The Lottery Corporation's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of The Lottery Corporation? | Current EBITDA multiple of The Lottery Corporation is 19.0x. |
| What is the current FCF of The Lottery Corporation? | The Lottery Corporation's last 12 months FCF is $320M. |
| What is The Lottery Corporation's FCF margin? | The Lottery Corporation's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of The Lottery Corporation? | Current FCF multiple of The Lottery Corporation is 31.5x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.