IZI Finance plc, the finance arm of IZIGROUP, today announced the launch of its second bond issue, marking another significant milestone in the Group’s long-term funding strategy. The new bonds will be listed on the Official List of the Malta Stock Exchange (MSE), further reinforcing the company’s commitment to transparent growth, disciplined financial stewardship, and long-term value creation.
Following the strong response to its debut bond issuance in 2022, IZI Finance plc is returning to the capital markets to support the Group’s continued investment in its gaming operations, technological infrastructure, and strategic growth, leveraging its expertise and experience developed in its home market, particularly in concession-based operations within the lottery and land-based casino verticals, and expanding these internationally.
A strengthened position backed by proven performance. Group turnover projected to surpass the €1 Billion mark for the first time.
Since its first listing in March 2022, IZI Finance plc, through its subsidiaries, has continued to consolidate the Group’s financial position, attaining remarkable results across all its revenue generating business units. The Group delivered unprecedented growth in its interim 6-months results for the period July to December 2025. The Group generated turnover of €561 million, up 25 per cent year-over-year, while attaining Gaming Revenues of €53.9M an increase of €8.6M for the same period last year, equivalent to a growth rate of 19 per cent. The Group also reported remarkable improvements in profitability, ending the period with an EBITDA of €18M, an increase of 35 per cent when compared to the same period last year. The Group is expected to surpass the turnover milestone of €1 Billion with Gross Gaming Revenues expected to surpass the €100 million for the first time in FY2026.
The Group’s performance is supported by a clear focus on innovation, digital transformation and operational excellence, across its core business divisions, including the National Lottery of Malta, the Dragonara Casino and its iGaming arm. The Group continues to strengthen its leadership in the industry through focused investments, while upholding its commitment to sustainability and ethical business practices as evidenced by its certifications from the World Lottery Association (WLA), European Lotteries (EL) and membership in ULIS, the international body safeguarding sports integrity.
Supporting strategic growth internationally
International expansion stands as the most relevant and transformative strategic goal for the Group, positioning the IZIGROUP to leverage its deep operational expertise, regulatory experience and proven management of large-scale, concession-based gaming environments. Having built a market-leading ecosystem in Malta, spanning lottery, casino, sports betting and digital channels, IZIGROUP is now uniquely equipped to pursue international concession opportunities where governments and national entities seek reputable, reliable, innovative, and responsible operators with a proven track record. By replicating its successful operating model, technological capabilities, and governance standards, the Group aims to repeat its success in new jurisdictions, diversify revenue streams, and secure long-term, stable growth anchored in international gaming markets.
Commenting on the bond listing, Johann Schembri, Founder and Chief Executive Officer of IZIGROUP underlined the Group’s commitments going forward. “We remain committed to delivering sustainable and long-term growth, supported by prudent financial management and robust investments, that strengthen our operating ecosystem. Expanding into international markets through a proven business model, is the natural next step for IZIGROUP as we take our next steps in leveraging our expertise to deliver value and scale up our operations in new jurisdictions.”
Investor information
The Prospectus is available from authorised financial intermediaries, and the investor section of the IZIGROUP website. Full details of the bond issue, including interest rate, maturity, and application process, is outlined in the Prospectus. The bond issue application process runs until 24 March, although the company reserves the right to close it earlier if there is an oversubscription.
Commitment to transparency and governance
IZI Finance plc maintains its commitment to high standards of corporate governance, regulatory transparency, and ethical operations. The company will continue providing timely disclosures and regular updates to the market in line with the listing requirements.
Investor enquiries
For further information, please contact: IZI Finance plc – Corporate Communications Email: [email protected] Tel: +356 26007 007
Disclaimer
Prospective investors should refer to the prospectus dated 27 February 2026 (“the Prospectus”), which may be downloaded from the website of IZI Finance p.l.c. (“the Company”) http://www.izigroup.com/investors/. Copies of the Prospectus are also available from Authorised Financial Intermediaries listed in the Prospectus. The offer closes on 24 March 2026. This advert has been issued by the Company, a public limited liability company with registration number C 101228 and having its registered address at The Quad Central, Q3 Level 11, Triq l-Esportaturi Zone 1, Central Business District, Birkirkara, Malta. The Malta Financial Services Authority (“MFSA”) authorised the Prospectus and the bonds (“the Bonds”) as eligible to listing on the Official List of the Malta Stock Exchange pursuant to the Capital Markets Rules. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the Bonds. The value of an investment, as well as the income therefrom, can go down as well as up and past performance is not necessarily indicative of future performance. Investors may lose some or all of the money invested.
Targeted at Retail Clients seeking income. Prospective investors wishing to subscribe for the Bonds should do so on the basis of the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the Bonds. Prospective Investors are urged to consult their financial advisers as to the suitability or appropriateness of investing in the Bonds. This advert has been approved on behalf of the Company by Rizzo, Farrugia & Co. (Stockbrokers) Ltd. with company registration number C 13102, at Airways House, Fourth Floor, High Street, Sliema SLM 1551, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370.
Main Image: