Vietlott’s Impressive Growth in 2024 as Audited by Deloitte
Vietlott’s 2024 Financial Report showcases impressive growth.
Vietlott’s 2024 financial report, audited by Deloitte, reveals a company experiencing continuous growth. In 2024, net revenue increased by 26.6% from the previous year to 6,289 billion VND. This includes a ticket sales revenue (including VAT and SCT) of 7,955 billion VND, equivalent to an average daily revenue of 21.7 billion VND. With this performance, Vietlott has risen to become the second-largest company in the industry, just behind Ho Chi Minh City Lottery Company, which earned 14,000 billion VND.
Vietlott’s impressive growth in ticket sales and revenue.
Along with the revenue growth, Vietlott’s cost of rewards and reward provisions also increased by 26.6% to 4,353.3 billion VND. This reward payout corresponds to 55% of consumption revenue. In 2024, Vietlott recorded two record-breaking jackpots: the largest prize in the history of Vietnamese lotteries, with a Power 6/55 jackpot of over 314 billion VND, and the first time a player won 30 special prizes worth 3 billion VND each in the Max 3D+ lottery.
Vietlott’s pre-tax and post-tax profits in 2024 were approximately 17% higher than the previous year, reaching 354.7 billion VND and 283.4 billion VND, respectively.
Vietlott’s profit performance compared to other lottery companies.
Despite being second in revenue, Vietlott’s profits have not yet surpassed any company in the Southern Lottery region, which includes 21 companies from Lam Dong and beyond. This is mainly due to the company’s higher reward and issuance rates relative to revenue. In 2025, Vietlott aims for a revenue of 8,752 billion VND, including 4,437 billion VND from terminal sales and 4,262 billion VND from phone distribution and other financial and non-financial revenues. The expected pre-tax profit is 305 billion VND, with a tax contribution of 2,012 billion VND.
Vietlott’s impressive performance and ambitious goals showcase its potential to become a leading lottery company in Vietnam.
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