NASDAQ$GAMB
Gamblingcom Group Limited · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
Gambling.com Group reported a net loss despite record quarterly revenue, with strong growth in subscription revenue offset by a large contingent consideration expense.
Gambling.com Group delivered record revenue of $39.6 million in Q2 2025 and posted a 22% rise in Adjusted EBITDA. However, a significant contingent consideration expense resulted in a net loss of $13.4 million.
- Revenue reached a record $39.6 million, up 30% YoY
- Net loss of $13.4 million due to fair value movement on contingent consideration
- Subscription revenue contributed 25% of total revenue
- Delivered over 108,000 new depositing customers (NDCs)
Headline financials
Revenue & EPS history
Gambling.com · Revenue · Quarterly
$39.6M
Forward guidance
Gambling.com raised its full-year 2025 guidance, expecting $171M–$175M in revenue and $62M–$64M in Adjusted EBITDA, reflecting optimism from acquisitions and market expansion.
Tailwinds
- Increased revenue guidance to $171M–$175M
- Increased Adjusted EBITDA guidance to $62M–$64M
- Expected contributions from Spotlight.Vegas starting in Q3
- Upcoming launch of sports betting in Missouri in December
- Strong cash flow generation supports future growth
Headwinds
- No Adjusted EBITDA contribution from Spotlight.Vegas in 2025
- Higher than expected cost of sales
- Strategic investments increasing marketing expenses
- Weaker search rankings after Google’s algorithm update
- Continued reliance on acquisition-driven growth
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q2 2025
+3.7%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-6.1%
Avg return
30 days after
47%
8 / 17 earnings
Positive
+106.6%
Q2 2021
Best reaction
-23.5%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | -23.5% | -29.0% | -17.7% | |
| Q2 2025 | -3.8% | -20.1% | -25.4% | |
| Q4 2024 | +6.8% | -15.2% | -20.1% | |
| Q1 2025 | -14.7% | -15.2% | -20.1% | |
| Q3 2024 | +14.2% | +21.4% | +50.3% | |
| Q4 2023 | -3.3% | -4.6% | -8.0% | |
| Q1 2024 | -5.5% | -4.6% | -8.0% | |
| Q3 2023 | -18.8% | -23.6% | -29.7% | |
| Q2 2023 | +13.2% | +12.4% | +4.4% | |
| Q1 2023 | +1.7% | +2.3% | -1.1% | |
| Q4 2022 | -0.8% | -4.9% | -1.6% | |
| Q3 2022 | +7.4% | +8.7% | -3.3% | |
| Q2 2022 | +1.1% | -2.5% | -11.1% | |
| Q1 2022 | +1.5% | +0.1% | -1.7% | |
| Q4 2021 | -0.9% | +0.0% | -13.9% | |
| Q3 2021 | -18.0% | -20.2% | -32.1% | |
| Q2 2021 | +106.6% | +66.4% | +35.8% | |
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