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Sports Entertainment Group Expects Fiscal 2026 Underlying EBITDA of AU$18 Million

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Sports Entertainment Group (ASX:SEG) expected underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) for fiscal year 2026 to be in the range of AU$18 million, according to a Tuesday Australian bourse filing.

It had previously forecast the underlying EBITDA for the fiscal year to be in the range of AU$15.5 million to AU$16.5 million. It attributed its fiscal fourth quarter outperformance to the FIFA World Cup-delivered upside as well as revenue growth across the media segment.

It now expects net cash for the fiscal year to be at least AU$14 million.

It also refinanced and extended its senior debt facility with Commonwealth Bank of Australia (ASX:CBA) through to July 31, 2028, and senior debt was reduced to AU$10 million from AU$11.5 million, with the facility converted to a revolving structure.

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