Gambling.com Group (NASDAQ:GAMB) Issues Earnings Results

by · The Cerbat Gem

Gambling.com Group (NASDAQ:GAMB – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.11), Zacks reports. Gambling.com Group had a negative net margin of 19.90% and a positive return on equity of 38.87%.

Here are the key takeaways from Gambling.com Group’s conference call:

  • Q1 revenue was EUR 40.4 million, flat year over year, while adjusted EBITDA was EUR 9 million. Growth in the sports data services business offset a decline in the marketing business.
  • Sports data services revenue rose 13% year over year to EUR 11.2 million, driven by continued strength in OpticOdds. Management highlighted strong partner growth, more API customers, and new AI-related integrations such as Claude and an upcoming Perplexity launch.
  • Marketing revenue fell 5% as the company continued to face weak SEO trends and additional regulatory headwinds in the U.K. and Finland. Higher external marketing spend and traffic diversification costs also pressured gross margin and adjusted EBITDA margin.
  • The company said non-SEO revenue exceeded SEO revenue for the second straight quarter, and management believes the business is approaching a tipping point where diversified channels can offset search pressure. Partnership platform revenue was also up 3x year over year.
  • Gambling.com Group announced a strategic AI-first restructuring expected to reduce workforce by about 25% and generate roughly EUR 13 million of annualized savings. The company expects the benefits to start in Q3 and fully flow through in 2027, supporting margin expansion and stronger cash flow.

Gambling.com Group Price Performance

Shares of NASDAQ:GAMB traded up $0.02 during midday trading on Thursday, reaching $4.14. 1,721,992 shares of the company were exchanged, compared to its average volume of 927,939. The stock has a market cap of $145.31 million, a PE ratio of -4.36 and a beta of 0.83. The business’s fifty day moving average is $3.94 and its two-hundred day moving average is $4.80. Gambling.com Group has a one year low of $3.51 and a one year high of $14.95. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04.

Wall Street Analyst Weigh In

Several analysts have recently commented on GAMB shares. Zacks Research upgraded shares of Gambling.com Group to a “hold” rating in a research report on Monday, March 16th. Truist Financial cut their price target on Gambling.com Group from $6.00 to $5.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of Gambling.com Group in a report on Thursday, January 22nd. Stifel Nicolaus lowered their price objective on Gambling.com Group from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Finally, Benchmark dropped their price objective on Gambling.com Group from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $7.63.

Check Out Our Latest Stock Analysis on GAMB

Institutional Trading of Gambling.com Group

Several hedge funds have recently bought and sold shares of GAMB. Tower Research Capital LLC TRC grew its position in shares of Gambling.com Group by 653.8% during the second quarter. Tower Research Capital LLC TRC now owns 5,254 shares of the company’s stock valued at $62,000 after purchasing an additional 4,557 shares in the last quarter. Deutsche Bank AG boosted its stake in Gambling.com Group by 3,262.2% during the fourth quarter. Deutsche Bank AG now owns 12,978 shares of the company’s stock valued at $71,000 after buying an additional 12,592 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in Gambling.com Group during the third quarter valued at approximately $109,000. HRT Financial LP purchased a new position in Gambling.com Group during the 4th quarter valued at approximately $88,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Gambling.com Group during the 4th quarter valued at approximately $99,000. Hedge funds and other institutional investors own 72.26% of the company’s stock.

Gambling.com Group Company Profile

(Get Free Report)

Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.

The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.

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