Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M, Net Income Up 54%, EPS Climbs 63%

Reuters
20 May
Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M, Net Income Up 54%, EPS Climbs 63%

Gambling.com Group Ltd. reported its first quarter financial results for 2025, showcasing record quarterly revenue of $40.6 million and Adjusted EBITDA of $15.9 million. This reflects a year-over-year revenue growth of 39% and a 56% increase in Adjusted EBITDA compared to the same period in 2024. The company also reported a net income of $11.236 million for the period, marking a 54% increase over the previous year's first quarter net income of $7.299 million. Additionally, the net income per diluted share rose to $0.31, a significant 63% increase from the $0.19 reported in the first quarter of 2024. Gambling.com Group reiterated its full-year guidance, expecting revenue of $172 million and Adjusted EBITDA of $68 million, representing annual growth projections of 35% and 40%, respectively. The company's CEO, Charles Gillespie, highlighted the successful integration of newly acquired sports data services, OddsJam and OpticOdds, into their business operations. The acquisitions, completed on January 1, have contributed positively to the company's performance, aligning with their goal of generating $100 million in annual Adjusted EBITDA.

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