Tag Archives: Gambling.com

XLMedia Plc is working on final obligations and liabilities to close its business in 2025 and settle outstanding net proceeds with shareholders. Issuing an update on the proceedings of its closure, XLMedia confirms that it “no longer has any material trading activities” as the board is set to delist XLMedia from the London AIM exchange on 12 May 2025. Group accounts …

Gambling.com Group has reiterated its financial targets  for 2025, carrying confidence from record results achieved in 2024.  The online gaming affiliate group revealed revenue of 17% to $127.1m (2023: $108.6m) white adjusted EBITDA was up 33% to $48.7m ($36.7m) with a margin of 38% (34%). A transformative year for the Nasdaq media group, which ended with the company joining a …

Gambling.com Group (GAMB) has revised its terms with Wells Fargo Bank to extend its available credit facility to $165m. Wells Fargo has allowed the Nasdaq-listed media group to increase its credit facility from its existing base of $100m to a new threshold of $165m. The transaction provides Gambling.com with access to funding via a $90m revolving credit tranche, combined with …

Gambling.com has once again raised its full-year 2024 guidance, reinforcing confidence in meeting its commercial and operational targets. The upgrade follows record-breaking Q3 results, with the Nasdaq-listed iGaming media group posting $32m in revenue, a 37% increase from the $23.5m in Q3 2023. During the quarter, Gambling.com’s media network delivered over 116,000 new depositing customers (NDCs) to clients, a 35% …

Gambling.com Group has upgraded its full-year 2024 guidance, following the highest commercial activity recorded by its media network. The global Nasdaq-listed media group published its Q2 2024 accounts, in which it delivered 108,000 (+18%) new depositing customers (NDCs) to its iGaming clients. Notably, the KPI on NDCs outperformed year-on-year comparatives, which had benefitted from an “atypically strong growth in U.S. …

XLMedia Plc has completed all corporate adjustments to transform its business into an exclusively focused iGaming media network for North American markets. During H1 trading, the London AIM media group sold its Euro and Canada assets to Gambling.com Group for a fixed fee of $37.5m, with potential earnouts of up to $5m based on the revenue performance of assets from …

XLMedia Plc backs its new commercial strategy to return its business to profitability by 2025. Ahead of its AGM this morning, XLMedia published a statement by CEO David King citing a solid start to year trading in Europe and North America. The London AIM media group continues its strategic reorganisation, in which the company agreed to sell its European and …

XLMedia Plc trades on a leaner portfolio following the strategic divestment of non-core assets in Q1 2024, aimed at returning the company to growth. This morning, the London AIM affiliate media publisher posted its full-year 2023 results, reporting statutory operating losses of $45m. Corporate accounts booked a ‘necessary write-down’ of $57.3m, related to the reorganisation of its US network and …

Gambling.com Group has demonstrated its “capital-efficient business”, achieving all commercial and operating objectives for 2023. Publishing its full-year 2023 accounts this afternoon, the Nasdaq media group confirmed its agreed $42.5m acquisition of FreeBets.com and related European and Canadian market assets from rival publisher XL Media Plc. Prior to the deal announcement, Gambling.com concluded FY2023 trading, achieving peak revenues of $108m, …