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flag LambEx, a major Australian sheep event, made a $965,096 profit in 2024–2025 with government grants and high ticket prices.

flag LambEx, Australia’s major biennial sheep industry event, relies heavily on government funding, with $1.1 million and $2 million grants from DAFF supporting its 2024 and 2025 operations. flag Managed by Sheep Producers Australia’s subsidiary 28 National Limited, the event reported $2.78 million in revenue and a $965,096 profit for 2024–2025, largely due to the 2024 Adelaide event. flag Ticket prices ranged from $495 to $1,200, with 90.66% of attendees rating the event as very good or excellent. flag Organizers plan to expand access in 2026 with a discounted early-bird ticket and aim for 2,000 delegates. flag The full annual report remains unpublished as of December 11, 2025.

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