{"id":2286767,"date":"2026-02-18T02:22:15","date_gmt":"2026-02-18T02:22:15","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2286767"},"modified":"2026-02-18T02:22:15","modified_gmt":"2026-02-18T02:22:15","slug":"sports-entertainment-group-posts-strong-h1-fy26-raises-fy26-guidance-tradingview-news","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/sports-entertainment-group-posts-strong-h1-fy26-raises-fy26-guidance-tradingview-news\/","title":{"rendered":"Sports Entertainment Group Posts Strong H1 FY26, Raises FY26 Guidance \u2014 TradingView News"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p class=\"\"><span>Sports Entertainment Group <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/ASX-SEG\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\"><span class=\"text-ekXxv5Y5\">SEG<\/span><\/a><span> has announced a significant uplift in <\/span><strong class=\"root-Tkn6WL2y\"><span>H1 FY26<\/span><\/strong><span> performance.<\/span><\/p>\n<p class=\"\"><span>Revenue from continuing operations grew substantially, reaching <\/span><strong class=\"root-Tkn6WL2y\"><span>$73.7 million<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>The company&#8217;s underlying EBITDA from continuing operations saw a significant increase of <\/span><strong class=\"root-Tkn6WL2y\"><span>78%<\/span><\/strong><span> to <\/span><strong class=\"root-Tkn6WL2y\"><span>$11.9 million<\/span><\/strong><span>, with adjusted underlying EBITDA (pre-AASB16) soaring <\/span><strong class=\"root-Tkn6WL2y\"><span>94%<\/span><\/strong><span> to <\/span><strong class=\"root-Tkn6WL2y\"><span>$9.7 million<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>Profit from continuing operations after tax stood at a solid <\/span><strong class=\"root-Tkn6WL2y\"><span>$3.2 million<\/span><\/strong><span>, while the group also generated strong operating cash flow of <\/span><strong class=\"root-Tkn6WL2y\"><span>$11.6 million<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>This strong half-year showing has prompted an upgrade to its full-year <\/span><strong class=\"root-Tkn6WL2y\"><span>FY26<\/span><\/strong><span> EBITDA growth forecast, now expected to be at least <\/span><strong class=\"root-Tkn6WL2y\"><span>40%<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Perth Wildcats Divestment Boosts Cash<\/span><\/strong><\/p>\n<p class=\"\"><span>A key highlight was the completion of the <\/span><strong class=\"root-Tkn6WL2y\"><span>Perth Wildcats<\/span><\/strong><span> divestment.<\/span><\/p>\n<p class=\"\"><span>The final stages of the sale were completed on <\/span><strong class=\"root-Tkn6WL2y\"><span>January 6, 2026<\/span><\/strong><span>, contributing a net cash inflow of <\/span><strong class=\"root-Tkn6WL2y\"><span>$12 million<\/span><\/strong><span> to the group.<\/span><\/p>\n<p class=\"\"><span>This divestment, alongside other asset sales, significantly enhanced liquidity, boosting cash and cash equivalents to <\/span><strong class=\"root-Tkn6WL2y\"><span>$26.7 million<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>In recognition of the proceeds from the sale, a special dividend of <\/span><strong class=\"root-Tkn6WL2y\"><span>3.0 cents per security<\/span><\/strong><span> was declared.<\/span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Upgraded FY26 Outlook<\/span><\/strong><\/p>\n<p class=\"\"><span>Following its strong half-year performance, SEG has upgraded its full-year <\/span><strong class=\"root-Tkn6WL2y\"><span>FY26<\/span><\/strong><span> EBITDA growth guidance to at least <\/span><strong class=\"root-Tkn6WL2y\"><span>40%<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>This positive outlook is underpinned by the robust momentum observed in the first half and the ongoing success of strategic initiatives.<\/span><\/p>\n<p class=\"\"><span>The revised guidance marks a significant increase from the company&#8217;s previous EBITDA growth expectations for <\/span><strong class=\"root-Tkn6WL2y\"><span>FY26<\/span><\/strong><span>, as noted in the <\/span><strong class=\"root-Tkn6WL2y\"><span>FY25<\/span><\/strong><span> annual report.<\/span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Shareholder Returns and Balance Sheet<\/span><\/strong><\/p>\n<p class=\"\"><span>In a move to reward shareholders, SEG declared an interim dividend of <\/span><strong class=\"root-Tkn6WL2y\"><span>1.0 cent per security<\/span><\/strong><span>, in addition to the <\/span><strong class=\"root-Tkn6WL2y\"><span>3.0 cent<\/span><\/strong><span> special dividend related to the <\/span><strong class=\"root-Tkn6WL2y\"><span>Perth Wildcats<\/span><\/strong><span> sale.<\/span><\/p>\n<p class=\"\"><span>The company&#8217;s balance sheet reflects a healthy financial position, with a net cash position of <\/span><strong class=\"root-Tkn6WL2y\"><span>$15.3 million<\/span><\/strong><span> after accounting for dividends, and senior bank debt reduced to <\/span><strong class=\"root-Tkn6WL2y\"><span>$11.4 million<\/span><\/strong><span>.<\/span><\/p>\n<p class=\"\"><span>Since <\/span><strong class=\"root-Tkn6WL2y\"><span>FY25<\/span><\/strong><span>, total dividends paid by SEG amount to <\/span><strong class=\"root-Tkn6WL2y\"><span>$19.6 million<\/span><\/strong><span>, with <\/span><strong class=\"root-Tkn6WL2y\"><span>$16.0 million<\/span><\/strong><span> in debt repaid, demonstrating a commitment to capital returns and debt reduction.<\/span><\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.tradingview.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sports Entertainment Group SEG has announced a significant uplift in H1 FY26 performance. Revenue from continuing operations grew substantially, reaching $73.7 million. The company&#8217;s underlying EBITDA from continuing operations saw a significant increase of 78% to $11.9 million, with adjusted underlying EBITDA (pre-AASB16) soaring 94% to $9.7 million. Profit from continuing operations after tax stood [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2210679,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2286767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/12\/High-Roller-Technologies-Signs-Share-Transfer-Agreement-With-Happy-Hour.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2286767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2286767"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2286767\/revisions"}],"predecessor-version":[{"id":2286768,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2286767\/revisions\/2286768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2210679"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2286767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2286767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2286767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}