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Pollard Banknote Achieves Record Revenue and Expands U.S. iLottery Presence

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Pollard Banknote Achieves Record Revenue and Expands U.S. iLottery Presence

An announcement from Pollard Banknote ( (TSE:PBL) ) is now available.

Pollard Banknote Limited reported a record revenue of $557.1 million for 2024, marking a 7.1% increase from the previous year. The company’s strategic repricing of contracts and successful expansion into the U.S. iLottery market contributed to a significant rise in net income and adjusted EBITDA, highlighting its strengthened industry positioning and promising future growth.

More about Pollard Banknote

Pollard Banknote Limited operates in the lottery and charitable gaming industry, focusing on providing instant tickets and iLottery solutions. The company also engages in joint ventures to expand its market reach and has recently acquired a manufacturer of bingo daubers to enhance its product offerings.

YTD Price Performance: 6.97%

Average Trading Volume: 12,706

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$706M

For detailed information about PBL stock, go to TipRanks’ Stock Analysis page.

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