Gambling.com reports a 63% revenue growth in Q2

Gambling.com reports a 63% revenue growth in Q2

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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, setting a new record for the period. This figure was also more than 60% higher than the group’s Q2 revenue in the year prior, which was just under 16 million dollars. Gambling.com’s adjusted EBITDA experienced an even higher increase of more than 160% in the three months, going from 3.6 million dollars to 9.4 million dollars.

The firm’s adjusted net income grew by over 110%, going from just over 3 million dollars to more than 6.5 million dollars. All of the Gambling.com Group’s increases in the year’s second quarter were also reflected in its H1 financial results, during which the firm generated more than 52.6 million dollars in revenue, growing by almost 50% from last year’s 35.5 million dollars. Its adjusted EBITDA grew by a wider margin of 87%, going from 10.7 million dollars to just under 20.1 million dollars.

Other noteworthy figures mentioned by the group included its growth in the North American region, where the firm generated more than 13 million dollars in revenue, growing its operations in the region by 115%. The company also reported an increase in its depositing customer base, which grew by more than 90 thousand new users.

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