LTRCF (The Lottery) EBIT: $430 Mil (TTM As of Dec. 2025)


LTRCF The Lottery Corp Ltd LTRCF
65 GF Score
Price $3.80
GF Value $3.57
! 4 Warning Signs
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What is The Lottery EBIT?

The Lottery LTRCF 65 EBIT is $430 Mil as of Dec. 2025. GuruFocus rates LTRCF with a GF Score™ of 65/100 and a GF Value™ of $3.57. The stock has 4 warning signs investors should review.

The Lottery's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $210 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $430 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Lottery's annualized ROC % for the quarter that ended in Dec. 2025 was 10.93%. The Lottery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 388.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Lottery's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.27%.


The Lottery  (OTCPK:LTRCF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Lottery's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=413.422 * ( 1 - 30.96% )/( (2585.808 + 2635.348)/ 2 )
=285.4265488/2610.578
=10.93 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2867.969 - 580.859 - ( 358.398 - max(0, 799.154 - 500.456+358.398))
=2585.808

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2961.262 - 593.223 - ( 385.914 - max(0, 810.897 - 543.588+385.914))
=2635.348

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

The Lottery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=420.996/( ( (104.883 + max(-558.723, 0)) + (112.027 + max(-539.934, 0)) )/ 2 )
=420.996/( ( 104.883 + 112.027 )/ 2 )
=420.996/108.455
=388.18 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.37 + 0 + 114.91) - (580.859 + 21.289 + 83.855)
=-558.723

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.425 + 0 + 105.249) - (593.223 + 8.904 + 95.481)
=-539.934

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Lottery's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=430.29/10072.855
=4.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Lottery EBIT Related Terms


The Lottery EBIT Historical Data

* Premium members only.

The historical data trend for The Lottery's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Lottery EBIT Chart

The Lottery Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EBIT
378.29 341.54 451.93 428.78

The Lottery Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only 221.82 231.87 203.29 219.79 210.50

LTRCF vs FLUT, DKNG, LNWO: EBIT Comparison

For the Gambling subindustry, The Lottery's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Lottery EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Lottery's EV-to-EBIT falls into.


LTRCF
65GF Score
The Lottery Corp Ltd LTRCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Lottery EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $430 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $430 Mil mean?
The Lottery (LTRCF) has a EBIT of $430 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Lottery.
Is The Lottery's EBIT too high?
The Lottery's current EBIT is $430 Mil. Overall, The Lottery has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does The Lottery's EBIT compare to FLUT and DKNG?
The Lottery's EBIT of $430 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Lottery. The Lottery's current EBIT is $430 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lottery stock overvalued right now?
The Lottery (LTRCF) has a current EBIT of $430 Mil. The stock's GF Value™ is $3.57, compared to a current price of $3.80 — trading 6.3% above its estimated fair value. The current EBIT is $430 Mil. The Lottery's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For The Lottery (LTRCF), the current EBIT is $430 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Lottery (LTRCF) Overvalued in 2026?

Based on GuruFocus' analysis, The Lottery stock appears to be overvalued. The current stock price of $3.80 is trading 6.3% above its estimated GF Value™ of $3.57.

Key valuation signals for LTRCF:

  • EBIT: $430 Mil
  • GF Value™: $3.57 vs. price of $3.80 (6.3% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the LTRCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Lottery Business Description

Other Exchanges TLC:Australia
Address 180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
The Lottery Corporation is Australia's largest provider of lottery, keno, and instant-scratch products, with long-dated and/or exclusive licenses for the lottery in all Australian states and territories except Western Australia, and in most states and territories for keno. Lottery Corp has a distribution network of more than 3,800 franchised retailers that sell instant-scratch and lottery products through vendors such as newsstands, gas stations, pharmacies, and convenience stores, as well as online sales. Keno is sold in over 3,400 bars and clubs.
65GF Score

Get the complete analysis for LTRCF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.80
Price
$3.57
GF Value