Record Quarterly and Full-Year Financial Performance
Gambling.com Group achieved record revenue of $35.3 million and adjusted EBITDA of $14.7 million in Q4 2024. Full-year 2024 revenue and adjusted EBITDA rose 17% and 33% respectively.
Strategic Acquisitions and Growth Prospects
The acquisition of OddsJam and OpticOdds expanded the company's product portfolio, promising a 20% growth in incremental adjusted EBITDA from these businesses.
Strong Organic and Market Share Growth
The company expects to grow revenue by 35% and adjusted EBITDA by 40% in 2025, with significant contributions from expanded product offerings and market share gains.
Increased Revenue from Subscriptions
Recurring subscription revenue is expected to account for over 20% of total group revenue in 2025, driven by the OddsJam and OpticOdds acquisitions.
Robust Performance in Core Affiliate Business
The company reported its best quarter in its 19-year history for the core affiliate business, with strong growth in iGaming revenue across operating regions.