Gambling.com reports Q3 2023 performance
Gambling.com experienced a 19% increase in its revenue in the third quarter of the year.The firm’s latest financial report started off with its headline revenue figure,...
Gambling.com Group hits 18% record in Q2
Gambling.com Group announced its Q2 results, highlighting the rise of its operating revenues to 18%.
Gambling.com Group, a performance marketing and sports betting media company founded in 2006, provides the online gambling industry with digital marketing services. Talking about its Q2 results, the company marked its $30.5m reach against the $26m it had in 2023.
Adjusted EBITDA results also did not disappoint, as they raised 19%, equal to $11.2m from $9.4m.
Charles Gillespie, CEO and co-founder of Gambling.com Group, commented on the results:
“Our second quarter and year-to-date results highlight the incredible power of our high-intent audience and the clear value we create for our online gambling operator clients. Our team’s proven ability to dynamically manage our owned and operated assets to quickly address changes to the operating environment was evident in the second quarter’s strong topline and Adjusted EBITDA growth and will continue to benefit us in the future.”
The figures led the company to update its full-year revenue to $44m-$47m. As long as Gambling.com continues to execute at a high level and expand its footprint in the ecosystem of online gambling, the path of the goal to reach an annual Adjusted EBITDA of $100 million is already visible.
The significant results underscore the company’s confidence in the future of the business.
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Gambling.com reports a 63% revenue growth in Q2
The Gambling.com Group has recently published its latest financial analysis.The company generated just under 26 million dollars in revenue in the year’s second quarter,...
