Gambling.com Group has raised its 2024 guidance after announcing a record-breaking quarter in which it completed its acquisition of Freebets. In releasing its Q2 results for the three months to 30 June 2024, the affiliate marketing group said it now expects full-year revenue of $123-127m and adjusted EBITDA of $44-47m. In May, after the Freebets...
Tag: Gambling.com Group
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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...
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Gambling.com Group Limited (NASDAQ:GAMB) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Gambling.com Group Limited (NASDAQ:GAMB – Get Free Report) have been given an average rating of “Buy” by the eight ratings firms that are currently covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have issued ratings on...
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Gambling.com reports record Q1 revenue
Gambling.com Group has marked a first-quarter revenue record of $29.2m (£23.0m/€26.9m), as net profit also rose. Revenue was up 9.4% compared to Q1 2023. Elias Mark, chief financial officer of Gambling.com Group, noted that the revenue growth was in spite of specific growth opportunities available in Q1 2023. “By growing year on year in every...