is jin still a jackpot stock?, page-35

Gossip !!!.....mate, I have put more info on this board on this this particular than almost anyone...I could go on but I won't, don't want to get myself into trouble with the adminstrators !!!.

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I did some due diligence for you and got a reply from Mike :

Hi Phil,

Busy here in NY with the ASX roadshow.

We missed our NPAT range by $300k
Actual 3.3
Forecast 3.6 to 4.0

This is because our international expansion expenses were $200k higher ($1.0m instead of $800k) from an unexpected opportunity. These expenses are part of our efforts to sign up new jurisdictions which you would agree is a good strategy (already resulted in Mexico deal).

Plus our New Years Eve superdraw sales were slightly lower than expected (occurring after the guidance) due to temporary customer fatigue after the big run of jackpots ($100m was on offer 1 month earlier making people think that $30m is not a lot!). However this wears off. An extra $2m is sales would have given us another $400k EBITDA and $300k NPAT

While we did miss it due to a couple of factors we didn't know about, we didn't miss them by much and the results were still good.

On a like-for-like basis
EBITDA went from 5.2 to 6.6
NPAT went from 3.3 to 4.0

Cheers,

Mike Veverka
CEO and Founder
Jumbo Interactive Limited (ASX:JIN)
www.jumbointeractive.com