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Sports Entertainment Group Limited (ASX:SEG)

ALERT: Price-sensitive ASX Announcement for SEG
Current share price for SEG : $0.365 0.09 (32.73%)+
Announcement
Release
18 Feb 2026 10:20AM
Price at Release
$0.275
Full Release
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Summary
Sports Entertainment Group Limited (SEG) reported a strong financial performance for the half-year ended 31 December 2025, with a significant increase in revenue and underlying EBITDA. The company saw a turnaround in profit from continuing operations, transitioning from a previous loss. SEG completed a strategic acquisition of assets from 3UZ Pty Ltd, enhancing its revenue stream. The financial position remained robust with an increase in net assets and equity. A fully franked dividend was paid in relation to the previous period, and the cash reserves showed a substantial increase, reflecting improved operational cash flows.
Key Points
  • Sports Entertainment Group Limited (SEG) reported an increase in revenue from ordinary activities, rising by 28% to AUD 73.671 million for the period ending 31 December 2025.
  • SEG's underlying EBITDA from continuing operations increased by 78% to AUD 11.945 million.
  • The profit from continuing operations after tax improved significantly to AUD 3.243 million, from a loss of AUD 456,000 in the previous period.
  • SEG completed the acquisition of 3UZ Pty Ltd's assets, valued at AUD 3.25 million, contributing AUD 858,816 in revenue.
  • The company's net assets as of 31 December 2025 stood at AUD 74.71 million, with total equity rising to AUD 74.71 million from AUD 73.514 million.
  • SEG declared a fully franked dividend paid in September 2025 for the period ending 30 June 2025.
  • SEG's cash and cash equivalents increased significantly to AUD 26.716 million from AUD 14.955 million at the start of the period.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.