Lottomatica has reported its latest financial results, unveiling a revenue figure of €511.3m ($588.8m) for this year's third quarter, up 5% in comparison to results from the year prior and bringing the year-to-date revenue up to €1.64bn.
Indeed, the operator enjoyed a lucrative quarterly period during Q3, which saw a 5% upswing in revenues alongside 18% year-on-year growth in EBITDA, which settled at €195m during the period.
Overall, Lottomatica's key revenue driver remained its online segment, with the operator having now formally re-assessed its full-year financial expectations in the wake of these recent results.
Lottomatica's year-to-date overall
At a glance, Lottomatica's financial results for the first nine months (or three quarters) of the calendar year reflect a positive annual period so far for the operator. Currently, revenues rest at €1.64bn for the year, up 16%, matched by an adjusted EBITDA figure of €617.3m, up 28% in comparison to results from this point of 2024. Total bets were also on the rise, reaching 32.5 billion - up 17% compared to the first nine months of the prior year.
Elsewhere, net profit for the nine-month period ending the 30 September amounted to €98.3m, up 64.2% in comparison to results from this time last year. Gross financial debts were, however, also subject to an upswing, hitting €2.07bn compared to €2.05bn at the conclusion of Q3 2024. Despite this, Lottomatica has managed to reduce its net debt figure by 0.9% year-on-year to €1.86bn.
Lottomatica's year-to-date by segment
Breaking down these latest results by company segment, Lottomatica's online operations were the operator's key driver over the course of both Q3 and the 2025 to date. Over the first nine months of the year, online operations accounted for €688.9m of the business' overall revenue figure, up 27% year-on-year, with sports franchises generating €381.7m and gaming franchises generating €569.5m, up 22% and 2%, respectively.
Similar outcomes could be observed in the company's EBITDA by segment results, with online leading the way via a €377.8m figure, up 33%. Sports franchise segment EBITDA, however, was reflective of a notable 51% upswing in comparison to results from the prior year, settling at €102.9m, marginally surpassed by gaming franchise EBITDA, which rose 5% to €136.5m.
Full-year financial outlook
In the wake of these latest encouraging results, Lottomatica has officially re-adjusted its full-year financial expectations, with the company now stating that revenues should reach €2.27bn by the end of this calendar year, paired with a predicted adjusted EBITDA figure of €860m.
This overall expectation reflects a slightly lower figure than the €2.32bn- €2.37bn expectation outlined in the wake of the operator's Q2 financial results. Indeed, quarter-on-quarter, Lottomatica's Q3 revenue represents a downturn of 6%.
CEO's comments
Speaking on these latest financials, Lottomatica Chairman and CEO, Guglielmo Angelozzi, said: "The third quarter of 2025 saw a continued solid operating and financial performance, with EBITDA growth of +18% and online market shares reaching record levels in September. We completed the migration of PWO, which is now fully operational on our Group proprietary platform, and accelerated the realisation of synergies.
"Looking forward, we continue to see solid drivers of growth supported by market tailwinds in Online, continued improvement in our cash flow conversion and growth, and a disciplined approach to capital allocation focused on shareholder returns."
This quarterly revenue marks Lottomatica's lowest of the calendar year so far, with revenues having been on a downward trend since Q1
