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Sports Entertainment Group Limited (ASX:SEG)

ALERT: Price-sensitive ASX Announcement for SEG
Current share price for SEG : $0.360 0.025 (7.46%)+
Release
30 Jun 2026 8:17AM
Price at Release
$0.335
Full Release
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Summary
Sports Entertainment Group Limited provided an update on their financial performance for the fiscal year 2026, announcing an expected underlying EBITDA of $18 million and net cash of at least $14 million, an improvement from previous guidance. The strong Q4 performance was attributed to the FIFA World Cup and sustained growth in the Media segment. The company also announced a refinancing of their senior debt facility with CBA, reducing the debt from $11.5 million to $10 million and converting it to a revolving structure for better capital management. The outlook for Q1 FY27 is positive with several major sports events planned.
Key Points
  • FY26 guidance update with underlying EBITDA expected to be $18m and net cash at least $14m.
  • Previous guidance was an EBITDA of $15.5 - $16.5m.
  • Q4 outperformance was driven by the FIFA World Cup and revenue growth in Media segment.
  • Positive outlook for Q1 FY27 with events like Legends Game, AFL Wildcard Round, and NFL game in Melbourne.
  • Senior debt refinancing with CBA, reducing debt from $11.5m to $10m and converting to a revolving structure.
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.