Gambling.Com Group Ltd ( (GAMB) ) has released its Q1 earnings. Here is a breakdown of the information Gambling.Com Group Ltd presented to its investors.
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Gambling.com Group Limited is a dynamic provider of marketing and sports data services for the global online gambling industry, helping operators acquire new customers through a portfolio of branded websites.
In its latest earnings report, Gambling.com Group announced record-breaking financial results for the first quarter of 2025, with significant growth in revenue and adjusted EBITDA, driven by strategic acquisitions and an expanded suite of services.
The company reported a 39% year-over-year increase in revenue, reaching $40.6 million, and a 56% rise in adjusted EBITDA to $15.9 million. The acquisition of OddsJam and OpticOdds contributed to a 405% increase in sports data services revenue, while marketing services revenue grew by 13%. The company also expanded its credit facility to $165 million, supporting further growth initiatives.
Gambling.com Group’s net income attributable to shareholders rose by 54% to $11.2 million, with adjusted net income per share increasing by 92% to $0.46. The company reiterated its full-year guidance, expecting continued record revenue and adjusted EBITDA growth, despite the unpredictable macroeconomic environment.
Looking ahead, Gambling.com Group remains confident in its ability to achieve its 2025 goals, leveraging its enhanced product offerings and skilled team to drive growth across all regions. The company anticipates recurring subscription revenue to play a significant role in its financial performance, providing increased revenue visibility and high-margin growth.