Gambling.com cuts FY25 revenue view to $165M from $171M-$175M, consensus $172.6M

Cuts FY25 adjusted EBITDA view to $58M from $62M-$64M. The company said, “Gambling.com (GAMB) Group adjusted its full-year guidance to reflect revenue of approximately $165 million and Adjusted EBITDA of approximately $58 million. The change in guidance from the prior outlook provided on August 14, 2025, reflects the continued headwind of poor organic search dynamics which affected the marketing business for all of Q3 and, while recently somewhat recovering, persists in Q4. The Company’s prior full-year guidance included an expectation that more progress would have been made against spam websites than has been seen to date. The revised guidance also includes approximately $1.0 million in higher cost of sales than previously anticipated related to the successful acceleration of the traffic diversification strategy. The revenue guidance represents 30% year-over-year growth and the Adjusted EBITDA guidance reflects 19% year-over-year growth.”