Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M with 39% Growth; Net Income per Share Rises 63%

Reuters
21 May
Gambling.com Group Ltd. Reports Record Q1 Revenue of $40.6M with 39% Growth; Net Income per Share Rises 63%

Gambling.com Group Ltd., a fast-growing provider of marketing and sports data services for the global online gambling industry, has reported its financial results for the first quarter ended March 31, 2025. The company achieved a record quarterly revenue of $40.6 million, marking a 39% increase compared to the $29.2 million reported in the same period the previous year. The net income per share attributable to shareholders, diluted, increased by 63% to $0.31 from $0.19 in Q1 2024. Additionally, the company saw an Adjusted EBITDA of $15.9 million, reflecting a 56% growth year-over-year. These strong results support the company's confidence in its full-year outlook, with guidance set at $172 million in revenue and $68 million in Adjusted EBITDA, representing projected year-on-year growth of 35% and 40%, respectively. The company also highlighted the successful integration and performance of its newly acquired sports data services, OddsJam and OpticOdds, which were acquired on January 1, 2025. This expansion is part of Gambling.com Group's strategy to enhance its product offering and drive growth across all reporting regions.

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