Overview

• Gambling industry marketing and data firm's 2025 revenue rose 30%, slightly beating analyst estimates

• Adjusted EBITDA for 2025 up 19%, slightly beating analyst expectations

• Company posted net loss of $32.9 mln due to non-cash charges

Outlook

• Gambling.com sees 2026 revenue of $170 mln to $180 mln

• Company expects 2026 Adjusted EBITDA of $50 mln to $58 mln

• Company expects regulatory headwinds in UK and Europe to weigh on 2026 results

Result Drivers

• SPORTS DATA SERVICES - Co said sports data services revenue grew 440% year-over-year and 29% quarter-over-quarter, driven by OpticOdds and OddsJam

• MARKETING BUSINESS - Marketing services revenue increased 4% year-over-year and 15% sequentially, with over half not dependent on SEO for the first time

• HIGHER COSTS - Increased sales and marketing expenses linked to traffic source diversification weighed on margins

Company press release: ID:nBw3jZMnda

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the advertising & marketing peer group is "buy"

• Wall Street's median 12-month price target for Gambling.com Group Ltd is $8.25, about 99.3% above its March 11 closing price of $4.14

• The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)