Tabcorp Holdings Limited (ASX:TAH)

ALERT: Price-sensitive ASX Announcement for TAH

Current share price for TAH : $0.895 0.045 (5.29%)⁺

Announcement

Half year results release

Release

25 Feb 2026 8:24AM

Price at Release

$0.850

Full Release

Summary

Tabcorp Holdings Limited announced its financial results for the half year ended 31 December 2025, reporting a group revenue of $1,344.9 million, an increase of 1.0% compared to the previous year. The company reported a 14.3% increase in EBITDA, reaching $217.4 million, with a significant improvement in operating leverage. This performance was driven by strategic initiatives including the reformed Victorian Wagering and Betting Licence and strong connections between its digital, retail, and media assets. The Wagering and Media division saw a revenue increase of 0.8%, while Integrity Services grew by 4.1%. Despite challenges such as below-average wagering yields during major events, Tabcorp maintained profitability through cost discipline and strategic product offerings like TAB Takeover and TAB Time. The company announced an unfranked interim dividend of 1.5 cents per share, reflecting a 50% increase over the prior year, with plans to reinvest benefits from strategic retail model changes into venue enhancements.

Key Points

Group Revenue increased by 1.0% to $1,344.9 million.
EBITDA rose by 14.3% to $217.4 million.
Wagering and Media revenue increased by 0.8%.
Integrity Services revenue grew by 4.1%.
Announced an unfranked interim dividend of 1.5 cents per share, up 50%.
Successful strategic initiatives with full benefits of reformed Victorian Wagering Licence.
Strong integration of digital, retail, and media assets for enhanced customer experience.
Focus on cost discipline and strategic product offerings.
Revenue growth despite challenges like low wagering yields during key events.

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.