Gentoo Media has posted its Q1 2026 results, revealing that the affiliate company’s quarterly revenue dropped by 5% to €24 million, compared to 2025’s €25.4 million.
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Better Collective sees 5% YoY revenue rise in Q1
Better Collective shared its earnings for the three months ending March 31, 2026, revealing that revenue for Q1 climbed by 5% year-on-year and reached €86.3 million.
EBITDA also increased, reaching €25.1 million, a 14% rise and a 29% margin.
With the refocus from cost-per-acquisition (CPA) agreements to revenue share deals, revenue share income jumped by 7%, while North American revenue share increased by 46%. The company also highlighted 308,000 new depositing customers in Q1.
Regarding separate segments, Paid Media revenue grew by 12%, generating €27.6 million, and esports revenue came in at €4.7 million.
CEO Jesper Søgaard commented:
“We started 2026 with a solid first quarter and a return to organic growth, with performance broadly in line with our expectations. The growth was driven in particular by continued strong momentum in paid media, talent-led media, North American revenue share, and our esports community, HLTV. We continue to navigate short-term external headwinds in selected markets while investing in and advancing the initiatives that we believe will drive meaningful long-term value creation.”
Q1 concluded with a net profit of €14.4 million, compared to the €7.7 million loss during the same period in 2025. Better Collective is also planning to expand its collaboration with X, which has proven to improve retention and engagement.
Søgaard added:
“Sports conversations increasingly happen in real time and on social platforms, and this partnership enables us to bring a more intuitive and relevant betting experience directly into that environment. It also supports our broader strategy of developing technology-led products that strengthen engagement, retention, and value creation for our partners across regulated markets.”
The company is looking to gain an estimated 7-12% revenue growth for the full year.
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