Gambling.com Group Reports Record $127.1M Revenue in 2024
The company's preliminary Q4 and full-year 2024 results have "surpassed expectations
Gambling.com Group CEO and co-founder Charles Gillespie has announced that the company's preliminary Q4 and full-year 2024 results have "surpassed expectations."
Ahead of its audited results release on March 20, the iGaming affiliate revealed that it expects:
- Q4 2024 revenue of $35.2 million, contributing to a full-year total of $127.1 million.
- EBITDA is projected to reach $14.7 million in Q4 and $48.5 million for the full year.
- Net income is expected to be $7.8 million for Q4 and $30.5 million for the year.
2025 Growth Projections
Following this strong performance, Gambling.com Group has introduced 2025 financial guidance, forecasting:
- Revenue between $170 million and $174 million.
- Adjusted EBITDA ranging from $67 million to $69 million.
CEO Charles Gillespie emphasized the company’s momentum, stating:
“Our operating performance continues to be led by the strong growth trajectory and attractive unit economics of iGaming revenue across all our operating regions.”
He further added:
“As reflected in our initial revenue and adjusted EBITDA guidance for 2025, we are confident that our great positioning will drive yet another year of record performance with impressive continued revenue, adjusted EBITDA, and free cash flow growth.”
These results come shortly after Gambling.com Group’s acquisition of Odds Holdings, the parent company of OddsJam, in January, marking another step in its expansion strategy.
With sustained revenue growth and strategic acquisitions, Gambling.com Group is poised for another record-breaking year in 2025.
