Sees FY24 adjusted EBITDA $44M-$48M. Elias Mark, CFO of Gambling.com Group, added, “The strong value we create for our online gambling operator partners is evident in the 56% increase in the number of NDCs we sent to them in 2023. Consistent with our capital efficient DNA, nearly all of our revenue growth in 2023 was organic(1) which we again converted into Free Cash Flow at a very high percentage. We are positioned to further our operating momentum in 2024 as the mid-points of our revenue and Adjusted EBITDA outlook reflect growth of 21% and 25%, respectively.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GAMB:
- 3 Best Stocks to Buy Now, 3/21/2024, According to Top Analysts
- Gambling.com secures new $50M credit facility
- Gambling.Com Group Ltd (GAMB) Q4 Earnings Cheat Sheet
- Bet On It: Standard General proposes to buy rest of Bally’s shares for $15
- Bet On It: North Carolina to launch mobile sports betting on Monday