The board of Gambling.com Group has announced that it has secured a new $50m credit facility backed by Wells Fargo Bank. The credit facility will be used by the Nasdaq-listed igaming media company for “general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.” Investors were informed that Wells Fargo will provide its $50m allotment in two …
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Gambling.com ups 2023 guidance on exceptional US prospects
Gambling.com has raised its full-year guidance on revenue and earnings following what it cited as exceptional H1 trading. Posting its interim H1 2023 results, the global Nasdaq igaming media publisher registered group revenues of $52.7m, reflecting a 48% increase from the 2022 comparative results of $35m. Standalone Q2 results revealed that Gambling.com generated revenues of $26m. Meanwhile, the company doubled …
Read More »Gambling.com ups 2023 guidance on strong US & UK growth
Gambling.com Group has raised its full-year guidance as Q1 financial results outperform all business expectations. A strong opening to 2023 trading saw Gambling.com’s corporate revenues stand at $26.7m, up 36% on previous year comparatives of $19.5m. Headline growth was attributed to the continued expansion of Gambling.com North American portfolio which generated a revenue contribution of $14.1m. Period highlights saw the …
Read More »Gambling.com 2022 growth dragged by heavy tech and sales expenses
Gambling.com Group (GAMB) reports robust financial results for 2022, as the Nasdaq affiliate media firm continues to register double-digit growth in its revenue and EBITDA performance. Strong end-of-year trading saw Gambling.com’s revenue more than double year-on-year to $21.3m (Q4 2021: €10.2m), while its Adjusted EBITDA increased by 202% to $6.9m (Q4 2021: €2.3m). Q4 highlights saw its North American media …
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