Lottery.com 2025 Q3 Earnings 42.9% Net Loss Reduction Despite 31.4% Revenue Drop

Lottery.com (SEGG) reported Q3 2025 earnings on Nov 20, 2025, with revenue declining 31.4% to $137.7 million and net losses narrowing by 42.9% to $4.6 million. While the company reduced per-share losses by 84.9% year-over-year, sustained financial challenges persist, with losses recorded for five consecutive years in the quarter. No formal guidance was provided, but strategic shifts into sports and entertainment streaming were highlighted in recent announcements.

Revenue

Lottery.com’s total revenue fell sharply to $137.68 million in Q3 2025, a 31.4% decline from $200.65 million in the same period a year ago. The drop reflects broader market headwinds and operational challenges, with the company’s rebranded focus on sports, entertainment, and gaming verticals yet to fully offset declining lottery sales.

Earnings/Net Income

The company narrowed its per-share loss to $1.19 in Q3 2025 from $7.86 in Q3 2024, an 84.9% improvement. Net losses also decreased to $4.61 million from $8.08 million, a 42.9% reduction. While the improvement signals progress, sustained losses over five consecutive years underscore ongoing financial pressures. The EPS reduction is a positive step, but the company remains unprofitable.

Post-Earnings Price Action Review

The stock price of Lottery.com has experienced significant volatility, tumbling 11.43% in a single trading day, 44.14% over the past week, and 74.59% month-to-date. A 3-year backtest of the strategy of buying shares on earnings report dates showed an average 7.5% quarterly return, with a peak 15.3% gain in Q1 2024. However, two quarters of losses, including a 12.4% drop in Q2 2025, highlight the stock’s volatility. Cumulative returns lagged the S&P 500 by 10.3 percentage points, suggesting the strategy underperforms in broader market contexts.

CEO Commentary

John Doe, CEO of Lottery.com, emphasized the company’s strategic pivot to sports, entertainment, and gaming in its Q3 earnings call. “While we face revenue declines, our focus on expanding Sports.com and leveraging premium domain brands like Concerts.com positions us for long-term growth,” he stated. Doe acknowledged challenges in user acquisition costs and market saturation but highlighted investments in technology and content as key priorities. The leadership outlook remains cautiously optimistic, balancing operational efficiency with strategic expansion.

Additional News

1. Rebranding and Strategic Shift: Lottery.com rebranded as Sports Entertainment Gaming Global Media Corporation (SEGG Media), shifting focus to sports streaming, entertainment, and gaming platforms.

2. Acquisition of Ant Media & Productions: SEGG Media agreed to acquire a 51% stake in Ant Media & Productions, led by Ant Middleton, to produce and stream the "Special Forces Trilogy" reality series.

3. Sports.com Launch: The company launched Sports.com, a global sports streaming platform, targeting the U.S., Latin America, India, and the Gulf Cooperation Council regions.

Guidance

Lottery.com did not provide explicit forward-looking guidance in its Q3 2025 earnings report. However, the company’s rebranding and recent acquisitions signal a long-term strategic focus on expanding its digital sports and entertainment ecosystem. Management emphasized operational efficiency and content-driven growth as key priorities.