Gambling.com Group reports fourth-quarter revenue up 9% year-over-year
Digital marketing provider Gambling.com Group has reported its fourth-quarter and full-year earnings, with fourth-quarter revenue rising from US$32.5 million to US$35.3 million, a year-over-year increase of 9%, and full-year revenue up 33% year-over-year, increasing from US$108.6 million to US$127.2 million.
Adjusted EBITDA increased by 39% year-over-year, rising from US$10.5 million to US$14.7 million, while net income attributable to shareholders increased 24% to US$7.9 million, and free cash flow grew 102% from US$6.5 million to $13.1 million year-over-year.
The group’s full-year results reflected a similar pattern with net income attributable to shareholders rising 68% year-over-year, increasing from US$18.2 million to US$30.6 million.
Likewise, adjusted EBITDA also rose in 2024, growing from US$36.7 million to US$48.6 million, an increase of 33%, while free cash flow increased from US$23 million to US$41.5 million, representing a year-over-year increase of 81%.
“Our record fourth-quarter and full-year results were driven by our team’s prioritization of igaming across the markets where we operate,” Gambling.com Group CEO and Co-Founder Charles Gillespie said. “Our team delivered outstanding performance in the quarter, especially when compared to the launch driven results in the prior-year period. We anticipate growth and continued market share gains in our performance marketing business across all geographic regions in 2025, including North America.”
Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more.
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