Daria Gronkowska
🏋🏽♀️ ᴘᴇʀꜱᴏɴᴀʟ ᴛʀᴀɪɴᴇʀ ᴍᴄꜰɪᴛ
🤸🏼♀️ ᴘᴏʟᴇ ᴅᴀɴᴄᴇ ɪɴꜱᴛʀᴜᴄᴛᴏʀ
📍 Wrocław 🇵🇱
Gambling.com Reports Record Revenue Following a Year Of Acquisitions
Gambling.com has actually launched financial results for the very first quarter of 2025, showing boosts in every sector.
Most considerably, the affiliate marketing group's total income rose 39% year-over-year to $40.6 m (Q1 2024: $29.2 m). This drove a 78% increase in adjusted earnings to $16.5 m, which per share increased 92% to $0.46.
Adjusted EBITDA increased 56% to a record $15.9 m, reflecting an Adjusted EBITDA margin of 39% as compared to Adjusted EBITDA of $10.2 m and an Adjusted EBITDA margin of 35% in the prior-year period.
Meanwhile, as Gambling.com provided over 138,000 NDCs to clients, income from marketing services went up 13% year over year to $30.7 m - a 29% boost over the prior-year duration.
Charles Gillespie, CEO and Co-Founder of Gambling.com Group, stated: "We entered 2025 with our marketing business at all-time highs and with an expanded suite of sports information services having closed the acquisition of OddsJam and OpticOdds on 1 January.
"Since the closing, we have made substantial progress on integrating these offerings into our general service and the items are performing highly as anticipated."
Revenue from sports information services increased by 405% to $9.9 m, which the company generally attributed to OddsJam and OpticOdds, as formerly discussed, following the acquisition on 1 January. Recurring membership earnings represented 24% of total 2025 very first quarter income.
"With a boosted sports data services platform, we now have significant recurring subscription income, which we anticipate to represent well over 20% of our 2025 earnings, bringing increased revenue visibility and a complimentary, high margin and high development source of revenue and capital," Gillespie added.
As alluded to by Gillespie, the increase in income in turn drove a dive in gross profit. This figure increased 42% to $38.