GAMB Latest Report

Financial Performance

Gambling.com Group (stock code: GAMB) recorded a total operating revenue of RMB35,308,000 as of December 31, 2024, up 8.53% from RMB32,530,000 as of December 31, 2023. This growth indicates the company's continued improvement in revenue generation, reflecting its enhanced competitiveness and successful business expansion.

Key Financial Data

1. The Group's revenue in 2024 was US$127,182,000, up 17% from US$108,652,000 in 2023.

2. Net income was US$30,679,000 in 2024, with a net margin of 24%.

3. The Group collaborated with 426 online gambling operators, indicating a significant expansion of its market share.

4. The Company ranked 2nd in the EGR Power Affiliates list since 2018 and climbed to 2nd in 2024.

Industry Comparison

1. Overall industry analysis: The online gambling industry as a whole has shown a good growth trend, with many companies in the industry generally seeing an increase in revenue in 2024. This phenomenon reflects the increased acceptance and demand for online gambling, further driving the overall development of the industry.

2. Peer comparison analysis: Compared with other companies in the industry, Gambling.com Group's revenue growth maintains competitiveness, indicating its relatively successful positioning and strategies in the market. Through comparison with major competitors, Gambling.com Group performed well in revenue growth, possibly having advantages in brand recognition and user loyalty.

Summary

Gambling.com Group's financial performance in 2024 shows a stable growth trend, mainly due to the increased market demand, optimized products and services, and effective marketing strategies. Combined with the overall positive trend of the industry, the company's competitiveness and customer base have also been significantly enhanced.

Opportunities

1. The continued growth of the online gambling industry provides Gambling.com Group with opportunities to expand its market share.

2. By acquiring Odds Holdings, the Group can enhance its technological capabilities, helping to improve marketing effectiveness and competitiveness.

3. With the increased brand recognition, the potential to attract high-value players is constantly increasing.

Risks

1. Changes in industry policies, particularly the "single customer view" policy, may limit customer activities and affect revenue.

2. Regulatory changes may lead to advertising restrictions, affecting the company's relationship with online gambling operators and revenue sources.

3. Competitors' strong market performance may put pressure on Gambling.com Group's market share.