Gambling.com Group Reports Q2 2025 Results: Revenue Up 30%, Adjusted EBITDA Increases 22%

Gambling.com Group reported Q2 2025 earnings with revenue rising 30% YoY to $39.6 million and adjusted EBITDA increasing 22% YoY to $13.7 million. The company updated full-year guidance to $171-$175 million in revenue and $62-$64 million in adjusted EBITDA, incorporating contributions from the pending Spotlight.Vegas acquisition and scaling of sports data services for fiscal 2025. Adjusted EBITDA climbed 22% as the company diversified revenue, with sports data services revenue quadrupling to $10 million.

Gambling.com Group (GAMB) reported its second-quarter (Q2) 2025 earnings, showcasing robust growth in revenue and adjusted EBITDA. The company's revenue increased by 30% year-over-year (YoY) to $39.6 million, while adjusted EBITDA rose 22% YoY to $13.7 million [1]. This performance was driven by a significant increase in sports data services revenue, which quadrupled to $10 million, making up a quarter of total revenue [2].

Gambling.com Group also updated its full-year 2025 guidance, projecting revenue to climb 36% YoY to $171-$175 million and adjusted EBITDA to rise 29% YoY to $62-$64 million [1]. The company attributed this growth to its diversified revenue streams, including sports data services and the pending acquisition of Spotlight.Vegas [2]. The acquisition, which is expected to close in September, is anticipated to contribute $8 million in net revenue and $1.4 million in incremental adjusted EBITDA for the 2026 full-year period [3].

Despite the strong performance, Gambling.com Group reported a net income loss of $13.4 million for the period, primarily due to the company's ongoing investments in growth initiatives and acquisitions [1]. The company's forward price-to-earnings ratio of 9 undercuts the broader advertising sector, indicating that investors are optimistic about the company's future prospects [1].

Analysts have been largely positive about Gambling.com Group's performance, with all tracked analysts rating the stock as a "buy" and the median 12-month price target sitting at $18.00, about 39.9% above its August 13 closing price of $10.81 [1]. The company's shift towards an omnichannel approach and its focus on sports data services have been key drivers of its growth, positioning it as a model for other companies in the digital advertising and sports data sectors [2].

References:
[1] https://finimize.com/content/gamblingcom-group-raises-outlook-after-strong-revenue-growth
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXBF4AC8:0-gambling-com-q2-revenue-beats-estimates/
[3] https://www.stocktitan.net/news/GAMB/gambling-com-group-reports-record-second-quarter-revenue-and-oty54pa0uoxv.html