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Gambling.com (GAMB)
NASDAQ:GAMB
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.24Last Year’s EPS
$0.18Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 36.57%
|Next Earnings Date:Mar 20, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance with record revenues, increased guidance, and successful strategic moves such as the integration of Freebets.com. However, challenges remain, particularly in North America, and there are uncertainties in newer markets like Brazil.Company Guidance
In the third quarter of 2024, Gambling.com Group demonstrated robust performance, as highlighted in their earnings call. The company reported a record revenue of $32.1 million, marking a 37% increase year-over-year, and an impressive adjusted EBITDA of $12.6 million, which surged by 108% compared to the previous year. Free cash flow also reached a new high of $14.2 million. The company's strategic focus on organic growth and market share expansion across regulated iGaming and sports betting markets, particularly in North America, underpinned these results. Additionally, Gambling.com Group raised its full-year guidance, now projecting revenue between $125 million to $127 million, with the midpoint reflecting a 16% growth, and adjusted EBITDA projected to grow by 29% year-over-year. The company also emphasized its successful integration of the Freebets.com acquisition, contributing significantly to the growth in the U.K. and Ireland, alongside continued international expansion and targeted M&A activities to fuel future growth.Record Third Quarter Revenue and EBITDA
Gambling.com Group delivered record third quarter revenue of $32.1 million and record adjusted EBITDA of $12.6 million, representing year-over-year growth of 37% and 108%, respectively.
Strong iGaming Growth Across All Regions
iGaming revenue continued its strong growth, with the UK and Ireland rising 43%, Europe up 192%, and the rest of the world increasing 99%, driven by core brands and the acquisition of Freebets.com.
Increased Guidance for 2024
Guidance was raised with the midpoint of the updated range indicating revenue growth of 16% and adjusted EBITDA growth of 29%.
Successful Integration of Freebets.com
The Freebets acquisition was fully integrated in 6 months, leading to increased KPIs and better performance.
Record Free Cash Flow
Free cash flow reached a new quarterly record of $14.2 million compared to $1.6 million in the third quarter of last year.
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GAMB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GAMB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $10.31 | $12.43 | +20.56% |
| Aug 15, 2024 | $8.83 | $10.90 | +23.44% |
| May 16, 2024 | $8.47 | $7.84 | -7.44% |
| Mar 21, 2024 | $9.13 | $8.80 | -3.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gambling.com (GAMB) report earnings?
Gambling.com (GAMB) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is Gambling.com (GAMB) earnings time?
Gambling.com (GAMB) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GAMB EPS forecast?
GAMB EPS forecast for the fiscal quarter 2024 (Q4) is $0.24.
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