Yes jlo you are correct, but I still think in principle $130M contracted with charities versus full year TTV of say ~ $360M for the Aust ops is still a pretty substantial amount of locked-in charity based operations growth, showing that these are not small add-ons. I do wonder how the ‘contracted’ element of this works though (given ticket sales must be variable) and also whether the profit margin is different.
Either way I think this is a stock where the X factor lies outside of how many jackpots there are in Ozlotto.
Gosouth
POWERBALL $80m JACKPOT, page-16
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