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...
Gambling.com Group hits $32.1M in Q3
Gambling.com Group announced its Q3 results, highlighting the rise of its operating revenues to 37%.
Gambling.com Group is a performance marketing and sports betting media company that provides the online gambling industry with digital marketing services. Talking about its Q3 results, the company marked its $32.1 million reach.
Charles Gillespie, CEO and co-founder of Gambling.com Group, commented on the results:
“Our record third quarter and year-to-date results reflect our best-in-class execution in the affiliate sector to consistently grow market share around the world. The third quarter’s strong revenue growth and record adjusted EBITDA highlight Gambling.com Group’s position as an industry leader in creating value for both our shareholders and our online gambling operator clients. To complement our continued organic market share growth, we continue to evaluate opportunities adjacent to the core business to expand our footprint in the online gaming ecosystem as we progress towards our goal of $100m in annual adjusted EBITDA.”
Gambling.com Group’s 2024 guidance
Gamblin.com Group increased its 2024 full-year revenue and adjusted EBITDA guidance, aiming for $126 million and $47.5 million, respectively.
Elias Mark, chief financial officer of Gambling.com Group, said:
“As expected, we generated strong iGaming NDC growth across all our geographical regions, while our North American business continued to be resilient against challenging comparables.”
Achieving targets would mark a year-on-year growth of 16% in revenue and 29% in adjusted EBITDA.
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,...
