1 Gambling.com Reports Record Revenue Following a Year Of Acquisitions

robertoedmunds edited this page 2026-04-30 02:56:41 -05:00

Gambling.com has actually launched financial outcomes for the very first quarter of 2025, showing boosts in every sector.

Most significantly, the affiliate marketing group's total profits increased 39% year-over-year to $40.6 m (Q1 2024: $29.2 m). This drove a 78% in adjusted net income to $16.5 m, which per share increased 92% to $0.46.

Adjusted EBITDA increased 56% to a record $15.9 m, reflecting a Changed EBITDA margin of 39% as compared to Adjusted EBITDA of $10.2 m and a Changed EBITDA margin of 35% in the prior-year period.

Meanwhile, as Gambling.com delivered over 138,000 NDCs to customers, income from marketing services went up 13% year over year to $30.7 m - a 29% boost over the prior-year duration.

Charles Gillespie, CEO and Co-Founder of Gambling.com Group, said: "We got in 2025 with our marketing organization at all-time highs and with an expanded suite of sports data services having actually closed the acquisition of OddsJam and OpticOdds on 1 January.

"Since the closing, we have made considerable development on incorporating these offerings into our overall service and the items are performing strongly as anticipated."

Revenue from sports information services increased by 405% to $9.9 m, which the business primarily credited to OddsJam and OpticOdds, as previously discussed, following the acquisition on 1 January. Recurring subscription earnings represented 24% of total 2025 very first quarter earnings.

"With a boosted sports data services platform, we now have significant recurring membership revenue, which we expect to account for well over 20% of our 2025 revenue, bringing increased income exposure and a complimentary, high margin and high growth source of profit and capital," Gillespie added.

As mentioned by Gillespie, the increase in income in turn drove a dive in gross earnings. This figure increased 42% to $38.4 m while expense stayed consistent with cost of sales in line with the prior-year duration.

However, this did mean that total business expenses increased 49% to $28.4 m, mainly as a result of increased people expenses and higher amortisation related to the acquisition of Freebets.com from XLMedia in April last year.

This was brokered for a value in between $37.5 m and $42.5 m, with $20m of that being paid right away after closing. Meanwhile, $10m was then paid six months from the acquisition's date.

Elias Mark, Chief Financial Officer of Gambling.com Group, added on the current report: "Our very first quarter results consist of record quarterly earnings of $40.6 m and Adjusted EBITDA of $15.9 m, showing year-over-year growth of 39% and 56%, respectively.

"With the strong start to the year, we remain confident in our complete year outlook with the midpoints of our guidance for earnings of $172m and $68m in Adjusted EBITDA, representing year on year development of 35% and 40%, respectively."

Finally, running cash flow grew 30% to $11.4 m. Free capital increased 25% to $10.3 m, showing growth in Adjusted EBITDA partly offset by working capital movements.