Home » Gambling.com Group set new Q2 revenue record

Gambling.com Group set new Q2 revenue record

Gambling.com Group set new Q2 revenue record

Quarterly revenues for Gambling.com Group for the period ending June 30 reached $30.5M, up 18 per cent year-on-year against Q2 2023’s figure of $26m.



Adjusted EBITDA was up 19 per cent year-on-year at $11.2m from $9.4m.

The figures led the group to update its 2024 full-year revenue and Adjusted EBITDA guidance. It now expects full-year revenue of $123m – $127m and Adjusted EBITDA of $44m – $47m.

“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,” said commented Charles Gillespie, CEO and co-founder of Gambling.com Group.

“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.

“As we continue to execute at a high level, expand our footprint in the online gambling ecosystem and leverage industry growth opportunities, we continue to see a clear path towards our goal of $100m in annual Adjusted EBITDA. Our significant share repurchase activity in the first half of this year underscores our confidence in the future of the business.”