IZIFINANCE plc, the financing and holding arm of IZIGroup, has announced record-breaking financial results for the fiscal year ending 30th June 2025, surpassing market expectations across all key performance indicators. Following the announcement, MeetInc sat down with Chris Fenech, Chief Financial Officer of IZIGroup, to explore the story behind this strong performance and what lies ahead for the Group.

A Record-Setting Year

“FY2025 has been a landmark year for IZIGroup,” Fenech said. “We set ambitious growth targets at the start of the year, and we’re proud to have exceeded them across all three of our business units — the National Lottery, Dragonara Casino and our iGaming operation.”

Group turnover reached €920 million, up 15.6% year-on-year. Gross Gaming Revenue (GGR) rose 8.4% to €93.7 million, while EBITDA climbed 24.6% to €28.9 million. Most notably, profit before tax increased by 175% to €7.1 million.
“These results confirm the resilience of our business model and the strength of our diversified portfolio,” Fenech noted.

Driving Profitability Through Efficiency

While revenue growth was strong, profitability improved even more significantly. Fenech attributed this to a continued focus on efficiency, sustainable growth and cost discipline.
“We’re starting to benefit from economies of scale, streamlined operations and improved productivity,” he explained. “That focus allows us to turn top-line growth into stronger bottom-line results — and we expect further margin improvements going forward.”

Strategic Investment for Sustainable Growth

Investment remains a cornerstone of the Group’s long-term strategy. Total investment for the year exceeded €6 million, with funds channelled into upgrades for the Dragonara Casino, the strengthening of the National Lottery’s retail network, and further enhancement of digital and technological capabilities.
“Every investment decision is measured and disciplined,” Fenech said. “We channel resources where returns are most compelling and where they align with our long-term vision for growth.”

Preparing for International Expansion

While Malta remains the Group’s core market, IZIGroup is now setting its sights on international growth.
“This is a natural next step in our journey,” Fenech said. “We’re leveraging our expertise and credibility built in Malta to explore select opportunities abroad.”
The Group is currently assessing targeted expansion opportunities across regulated markets, guided by a focus on sustainability, compliance, and responsible gaming. “We’re deliberate in our approach — every move must be value-driven and responsible,” he added.

Commitment to Society and Responsible Gaming

As Malta’s exclusive national lottery concessionaire, IZIGroup contributes a significant share of its revenue to social causes.
In FY2025, National Lottery plc contributed €27.8 million in concession fees, taxes and direct contributions to the Government of Malta, the Social Causes Fund, and the Responsible Gaming Foundation — representing 43.4% of total gaming revenue.
“These contributions are not just regulatory obligations,” Fenech said. “They’re part of our commitment to give back to Maltese society and share the value we create.”

Looking Ahead

IZIGroup’s priorities for FY2026 centre on continued growth, margin improvement and digital transformation. “We’re entering a period where we’re well positioned to tap into new opportunities outside Malta,” Fenech concluded. “Balancing growth, responsibility and innovation will continue to define IZIGroup in the years ahead.”