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Pollard Banknote (TSE:PBL)
TSX:PBL
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.35Last Year’s EPS
0.25Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 10, 2025
|% Change Since: -25.41%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in terms of record sales, successful contract implementations, and joint venture successes. However, these were offset by notable challenges including manufacturing issues, decreased profit margins, and foreign exchange losses. The sentiment is balanced with strong positive growth and notable challenges.Company Guidance
In the Pollard Banknote Limited Fourth Quarter 2024 and Year-End Results Conference Call, the company reported record financial achievements for the year, with sales reaching $557.1 million and combined sales, including iLottery joint venture, at $665.9 million. These figures were driven by various factors including increased average selling prices of instant tickets, higher sales of ancillary lottery products, and charitable games. Adjusted EBITDA hit a record $114.5 million, rising by $23.2 million from 2023, while income from operations grew by 51% to $69.8 million. The company also highlighted a significant operating cash flow of $73.9 million, facilitating investments and acquisitions. A notable milestone was the successful launch of the Kansas iLottery contract, which went live on February 13, 2025, marking the fastest iLottery implementation in North America. The company invested over $54 million in CapEx and intangibles during the year, and their NeoPollard Interactive joint venture extended its contract with Virginia Lottery to October 2028. Despite some challenges in the fourth quarter, including manufacturing issues and lower instant ticket volumes, the company remains optimistic about 2025, with expectations for stable instant ticket volumes and increased margins from repriced contracts.Record Financial Results and Sales Growth
Pollard Banknote achieved record sales of $557.1 million and combined sales of $665.9 million, driven by higher average selling prices, increased sales of ancillary lottery products, and strong performance in charitable games. Adjusted EBITDA reached a record $114.5 million, up $23.2 million from 2023. Income from operations increased by 51% to $69.8 million.
Kansas iLottery Contract and Rapid Implementation
Pollard was awarded the Kansas iLottery contract, which went live on February 13, 2025, marking the fastest iLottery implementation in North America. The implementation was successful and is delivering results in line with expectations.
NeoPollard Interactive Joint Venture Success
The joint venture extended its contract with Virginia Lottery until October 2028 and successfully launched the West Virginia iLottery contract in 2024.
Significant Investments and Acquisitions
Pollard invested over $54 million in CapEx and intangibles, including press upgrades and digital game content development. Two acquisitions were completed, adding a leading bingo marker manufacturer and a popular linked electronic bingo game to their assets.
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TSE:PBL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:PBL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 10, 2025 | C$24.79 | C$21.64 | -12.71% |
| Nov 13, 2024 | C$23.52 | C$25.98 | +10.46% |
| Aug 13, 2024 | C$18.68 | C$20.48 | +9.64% |
| May 08, 2024 | C$34.68 | C$33.20 | -4.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pollard Banknote (TSE:PBL) report earnings?
Pollard Banknote (TSE:PBL) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Pollard Banknote (TSE:PBL) earnings time?
Pollard Banknote (TSE:PBL) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PBL EPS forecast?
TSE:PBL EPS forecast for the fiscal quarter 2025 (Q1) is 0.35.
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