Kambi Group plc Class B ( (KMBIF) ) has released its Q4 earnings. Here is a breakdown of the information Kambi Group plc Class B presented to its investors.
Kambi Group plc is a leading provider of premium sports betting services for licensed B2C gaming operators, offering a comprehensive suite of products including Turnkey Sportsbook, Odds Feed+, and AI-powered trading solutions. The company operates in the global sports betting industry, known for its cutting-edge technology and regulatory compliance.
In its Q4 2024 earnings report, Kambi Group reported a revenue of €44.5 million for the quarter, slightly up from the previous year, with a full-year revenue of €176.4 million. The company highlighted significant achievements, including new partnerships and product launches in the US and Brazil, as well as securing licensing approval in Nevada.
Key financial metrics showed a slight decline in EBITA (acq) and operating profit margins compared to the previous year, but cash flow improved significantly. The company also raised its long-term operator trading margin expectations due to increased engagement with higher-margin products and advancements in AI trading capabilities. Strategic partnerships, such as those with Hard Rock Digital and Stake, are expected to drive future growth.
Kambi Group’s management remains optimistic about the future, despite anticipated challenges in 2025, including partner migrations and increased taxes. The company is actively managing costs and diversifying revenue streams to maintain its competitive edge. The outlook for 2025 includes an EBITA (acq) estimate of €20-25 million, with continued focus on expanding its product portfolio and leveraging AI innovations.
Looking ahead, Kambi Group aims to strengthen its position as a leading sportsbook supplier by enhancing its product offerings and expanding its global footprint. The company’s strategic initiatives and partnerships are expected to provide a solid foundation for long-term growth and resilience in the face of industry challenges.