The Gambling.com Group’s fourth-quarter revenue of $35.3 million represented a 9% rise over the same time last year. Adjusted EBITDA was $14.7 million, a 39% increase from the previous year. Furthermore, net income attributable to shareholders increased by 24% during the quarter, coming in at $7.9 million.
Gross profit also saw significant growth, climbing 21% to $33.1 million. The company attributed this increase to “strong revenue growth and a $2.9m year-over-year decrease in cost of sales related to the Company’s media partnerships.”
Strategic Expansion and Future Plans
CEO Charles Gillespie credited the company’s success to its strategic focus on iGaming markets. He said, “Our record fourth quarter and full-year results were driven by our team’s prioritization of iGaming across the markets where we operate. Our team delivered outstanding performance in the quarter, especially when compared to the launch-driven results in the prior-year period.”
Looking ahead, Gillespie expressed confidence in the company’s expansion plans, particularly with the integration of Odds Holdings, Inc. He emphasized that this acquisition will enhance Gambling.com Group’s capabilities by introducing sports data solutions, complementing its high-margin performance marketing business.
“We anticipate growth and continued market share gains in our performance marketing business across all geographic regions in 2025, including North America,” Gillespie added.
CFO Elas Mark echoed the positive outlook. He highlighted the robust performance of the company’s online casino operations across different regions, noting that North America remained resilient despite facing tough comparisons.
Mark stated, “As reflected in our full-year guidance, we expect to generate significant year-over-year revenue and adjusted EBITDA growth in 2025, and we are well-positioned to carry this operating momentum forward.”
With a clear strategy and strong financial results, Gambling.com Group is preparing for further expansion in both iGaming and sports data services, positioning itself as a dominant player in the industry.
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