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Lottotech
On this page
Company details
- Legal name
- Lottotech Ltd
- Listing
- No ticker printed on the Stock Exchange of Mauritius, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
Revenue
MUR 1.68 billion
1,677,926,795 MUR units · p41
+15.6% vs 2024
-
Operating profit / (loss)
MUR 178 million
177,529,539 MUR units · p41
+44.9% vs 2024
-
Profit / (loss) for the year
MUR 143 million
143,435,923 MUR units · p41
+43.3% vs 2024
-
Total assets
MUR 720 million
719,795,999 MUR units · p41
+27.9% vs 2024
-
Total equity
MUR 197 million
197,426,450 MUR units · p41
+35.9% vs 2024
-
Cash from operations
MUR 284 million
284,064,771 MUR units · p42
+79.5% vs 2024
Large amounts are rounded for reading (MUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MUR units unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Turnover from lottery tickets1 | 3,386,927,213 | 2,869,758,894 |
| Prizes2 | (1,713,115,450) | (1,425,549,526) |
| Revenue from lottery tickets3 | 1,673,811,763 | 1,444,209,368 |
| Commission income4 | 4,115,032 | 6,734,242 |
| Revenue | 1,677,926,795 | 1,450,943,610 |
| Consolidated fund and levy5 | (789,369,627) | (681,089,138) |
| Net income6 | 888,557,168 | 769,854,472 |
| Other income | 4,443,611 | 4,269,418 |
| Net income and other income (unlabelled subtotal)7 | 893,000,779 | 774,123,890 |
| Retailers’ and other commissions8 | (184,083,392) | (159,561,060) |
| Gaming systems and data communication costs9 | (187,821,867) | (171,251,276) |
| Other operating expenses | (343,874,284) | (320,421,886) |
| Net impairment reversal/(charge) on receivables | 308,303 | (409,429) |
| Operating profit | 177,529,539 | 122,480,239 |
| Finance income from an effective interest rate | 6,871,930 | 3,451,732 |
| Finance costs | (1,262,191) | (699,336) |
| Profit before income tax | 183,139,278 | 125,232,635 |
| Income tax expense | (39,703,355) | (25,157,907) |
| Profit for the year | 143,435,923 | 100,074,728 |
| Other comprehensive income – net of tax | 3,900,320 | (3,293,460) |
| Total comprehensive income for the year | 147,336,243 | 96,781,268 |
Notes and alternative reported figures (9)
- “Turnover from lottery tickets” is an issuer-specific line, not mapped to a shared definition: Gross lottery ticket sales.
- “Prizes” is an issuer-specific line, not mapped to a shared definition: Prizes paid to winners, deducted from ticket turnover.
- “Revenue from lottery tickets” is an issuer-specific line, not mapped to a shared definition: Ticket turnover less prizes.
- “Commission income” is an issuer-specific line, not mapped to a shared definition: Commission income, within revenue.
- “Consolidated fund and levy” is an issuer-specific line, not mapped to a shared definition: Statutory contribution of net lottery proceeds to the Government's Consolidated Fund, and levy.
- “Net income” is an issuer-specific line, not mapped to a shared definition: Revenue less consolidated fund and levy.
- “Net income and other income (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal: net income plus other income.
- “Retailers’ and other commissions” is an issuer-specific line, not mapped to a shared definition: Commissions paid to retailers and others.
- “Gaming systems and data communication costs” is an issuer-specific line, not mapped to a shared definition: Note 6.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Property and equipment | 115,423,399 | 91,626,001 |
| Intangible assets | 144,598,973 | 164,377,209 |
| Deferred tax assets | 80,786 | 243,973 |
| Non-current deposit1 | 400,000 | 400,000 |
| Non-current assets (unlabelled subtotal) | 260,503,158 | 256,647,183 |
| Inventories | 2,885,288 | 2,880,129 |
| Trade and other receivables | 76,125,876 | 87,113,836 |
| Cash and short-term deposits | 380,281,677 | 216,066,730 |
| Current assets (unlabelled subtotal) | 459,292,841 | 306,060,695 |
| Total assets | 719,795,999 | 562,707,878 |
| Stated capital | 100,000,000 | 100,000,000 |
| Retained earnings | 97,426,450 | 45,290,207 |
| Total equity | 197,426,450 | 145,290,207 |
| Deferred tax liabilities | 21,259,258 | 19,796,799 |
| Lease liabilities | 24,021,266 | 2,404,930 |
| Post-employment benefits | 17,853,000 | 20,569,000 |
| Non-current liabilities (unlabelled subtotal) | 63,133,524 | 42,770,729 |
| Trade and other payables | 413,567,069 | 362,852,835 |
| Lease liabilities | 18,089,133 | 5,795,262 |
| Current income tax liabilities | 27,579,823 | 5,998,845 |
| Current liabilities (unlabelled subtotal) | 459,236,025 | 374,646,942 |
| Total liabilities | 522,369,549 | 417,417,671 |
| Total equity and liabilities | 719,795,999 | 562,707,878 |
Notes and alternative reported figures (1)
- “Non-current deposit” is an issuer-specific line, not mapped to a shared definition: Note 15.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| Profit before income tax1 | 183,139,278 | 125,232,635 |
| Depreciation on property and equipment2 | 34,693,093 | 31,950,051 |
| Amortisation of intangibles assets3 | 20,392,697 | 20,738,451 |
| Net foreign exchange differences4 | (3,256,478) | (1,372,623) |
| Provision for impairment of receivables5 | (308,303) | 409,429 |
| Gain on disposal of property and equipment6 | (361,500) | (10,404) |
| Other employee benefits7 | 88,000 | 696,000 |
| Movement in post-employment benefits8 | 3,246,000 | 1,082,000 |
| Interest expense9 | 1,262,191 | 699,336 |
| Interest income10 | (6,871,930) | (3,451,732) |
| Operating profit before working capital changes11 | 232,023,048 | 175,973,143 |
| (Increase)/Increase in inventories12 | (5,159) | 549,047 |
| Decrease/(Increase) in trade and other receivables13 | 10,987,960 | (11,739,020) |
| Increase in trade and other payables14 | 50,714,234 | 16,541,603 |
| Cash generated from operations | 293,720,083 | 181,324,773 |
| Interest paid15 | (1,262,191) | (699,336) |
| Interest received | 6,871,930 | 3,672,732 |
| Income tax paid | (15,265,051) | (26,087,393) |
| Net cash generated from operating activities | 284,064,771 | 158,210,776 |
| Purchase of property and equipment | (14,330,897) | (13,970,911) |
| Purchase of intangibles assets | (614,461) | (7,909,107) |
| Proceeds from sale of property and equipment | 361,500 | 12,000 |
| Net cash used in investing activities | (14,583,858) | (21,868,018) |
| Lease liabilities16 | (9,974,543) | (9,404,084) |
| Loan refunded by related party17 | –18 | 80,000,000 |
| Dividends paid | (95,200,000) | (125,800,000) |
| Net cash used in financing activities | (105,174,543) | (55,204,084) |
| Net increase in cash and cash equivalents | 164,306,370 | 81,138,674 |
| Net foreign exchange differences | (91,423) | 1,372,623 |
| Cash and cash equivalents at 01 January | 216,066,730 | 133,555,433 |
| Cash and cash equivalents at 31 December | 380,281,677 | 216,066,730 |
- Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (17)
- “Profit before income tax” is an issuer-specific line, not mapped to a shared definition: Starting line of the indirect cash-flow statement.
- “Depreciation on property and equipment” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Amortisation of intangibles assets” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Net foreign exchange differences” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Provision for impairment of receivables” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Gain on disposal of property and equipment” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Other employee benefits” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Movement in post-employment benefits” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Interest expense” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Interest income” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
- “Operating profit before working capital changes” is an issuer-specific line, not mapped to a shared definition: Printed subtotal.
- “(Increase)/Increase in inventories” is an issuer-specific line, not mapped to a shared definition: Working capital.
- “Decrease/(Increase) in trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Working capital.
- “Increase in trade and other payables” is an issuer-specific line, not mapped to a shared definition: Working capital.
- “Interest paid”: mapping to a shared definition is uncertain. One line, equal to finance costs (which include interest on lease liabilities, note 8(b)); the group has no borrowings.
- “Lease liabilities”: mapping to a shared definition is uncertain. Printed 'Lease liabilities' under financing activities: lease payments (interest is shown in 'Interest paid').
- “Loan refunded by related party” is an issuer-specific line, not mapped to a shared definition: Financing activities (nil in 2025).
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividends paid |
(95,200,000) | MUR units | Annual report, p42 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid |
(125,800,000) | MUR units | Annual report, p42 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Lottotech Integrated Report 2025
Year ended 31 December 2025 · Annual report · signed / final
Audit: Deloitte (Rajeev Tatiah, FCCA), unmodified opinion · signed
Auditor's sign-off: Deloitte, Chartered Accountants; Rajeev Tatiah, FCCA
Final status: Independent auditor's report on the consolidated and separate statements signed by hand for Deloitte (Rajeev Tatiah, FCCA, licensed by FRC) and dated 6 March 2026 (PDF p40, page image); statements approved and authorised for issue by the board on 06 March 2026 and signed by two directors (PDF p41, page image).
- Document date
- 6 Mar 2026
- Auditor's report
- 6 Mar 2026
- Board approval
- 6 Mar 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · MUR units (printed “MUR”)
- PDF pages are two-page spreads: p41 prints the statement of profit or loss (printed p78) and the statement of financial position (p79); p42 the statements of changes in equity (p80) and cash flows (p81). Revenue is ticket turnover less prizes plus commission income; the consolidated fund and levy is deducted to give 'Net income'. Subtotals of non-current and current assets and liabilities, and of net income plus other income, are printed without labels.
- The 'key figures' page (PDF p4) shows total assets of MUR 701M; the audited statement of financial position prints 719,795,999 (p41). The statements are transcribed.
- Key audit matters: the auditor states 'We did not identify any key audit matters during the year' (p40).
Technical details
- File
- 58 pages, with a text layer
- SHA-256
f1999f7d8b1ea77218adcaa61a0cc6b5199b6ed79e349fa4af31e76fb5b4984f- Entity as printed
- LOTTOTECH LTD (the “Company”) and its subsidiary (the “Group”)
- Issuer copy
- retrieved 2026-10-08T19:12:49Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.