Odds Holdings, Inc., a fast-growing subsidiary of Gambling.com Group Ltd., has reported its financial results for the year ended December 31, 2024. The company, which specializes in providing odds comparison and betting tools, recorded total revenues of $25.131 million, primarily driven by its sports betting subscriptions, content syndication, and performance marketing affiliate fees. This represents a significant contribution from the North American market. The net income for the period stood at $5.682 million. The gross profit reached $22.504 million, with sales and marketing expenses accounting for $5.313 million, technology expenses at $3.992 million, and general and administrative expenses totaling $5.334 million. The income tax charge was reported at $2.087 million. Odds Holdings, Inc. continues to focus on delivering real-time betting odds information to its users, enhancing its offerings in the sports betting and fantasy sports sectors. The company plans to adopt a new income tax disclosure standard, effective for fiscal years beginning after December 15, 2024, although it anticipates that this will not materially impact its disclosures.
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