Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M, Adjusted EBITDA Up 56%

Reuters

2025/05/15

Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M, Adjusted EBITDA Up 56%

Gambling.com Group Ltd. announced its financial results for the first quarter ended March 31, 2025, reporting record quarterly revenue of $40.6 million, marking a 39% increase from $29.2 million in the same period of 2024. The company's Adjusted EBITDA also saw significant growth, reaching $15.9 million, a 56% rise from the previous year. Elias Mark, CFO of Gambling.com Group, highlighted this strong performance as a solid start to the year, reinforcing confidence in their full-year outlook. The company has reiterated its guidance for 2025, expecting full-year revenue between $170 million and $174 million and Adjusted EBITDA between $67 million and $69 million, representing year-over-year growth of 35% and 40%, respectively. Additionally, the company noted an enhanced sports data services platform following the acquisition of OddsJam and OpticOdds, which are expected to contribute significantly to recurring subscription revenue. This development positions the company to achieve increased revenue visibility and a high-margin growth source.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gambling.com Group Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250515528346) on May 15, 2025, and is solely responsible for the information contained therein.

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