Gambling.Com Group Ltd (GAMB) has released an update.
Gambling.com Group Ltd announced a significant increase in financial performance, with a 52% rise in Q4 revenue reaching $32.5 million and a growth of 42% in annual revenue to $108.7 million. The company also reported a net income surge to $18.3 million for the year and revealed plans to acquire Freebets.com, which is expected to further enhance financial outcomes. Additionally, Gambling.com Group provided an optimistic revenue and Adjusted EBITDA guidance for 2024.
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