Gaming Innovation Group (GiG) has shared its Q1 earnings, showing a slight 2% year-on-year decline in revenue, which stood at €9 million, compared to 2025’s €9.1 million.
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Catena Media Q1 revenue jumps 25.5% YoY
Catena Media has posted its Q1 2026 results, reporting a 25.5% year-on-year increase in revenue that reached €12.3 million, compared to 2025’s €9.8 million.
Adjusted EBITDA for the quarter stood at €2.7 million, which was a huge 191% rise from 2025’s €0.9 million, while EBITDA margins returned to 22%.
Catena Media CEO Manuel Stan commented:
“While revenue was lower than the particularly strong Q4 2025 figure, I am pleased with this performance. Q1 was a more balanced quarter that sets a more representative baseline for future periods. Viewed in the context of where the business stood 18 months ago, the trajectory is clear: we have returned to growth, diversified our revenue sources, and moved from single-digit EBITDA margins to consistently exceeding 20 percent.”
New depositing users increased by 88% to 34,573, while casino revenues rose by 43% year-on-year to €10.9 million, and casino depositing customers increased by an additional 98%, reaching 28,256. On the other hand, sports revenue decreased by 34% to €1.5 million, with the company believing that the change is connected to the rise of prediction markets, which is why Catena is looking to expand into the sector as well.
As part of its structural transition, Catena also reduced the number of employees from 213 to 160, cutting personnel expenses by 23%.
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.
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