GAMB Earnings Prediction
The chart below shows how GAMB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GAMB sees a -4.60% change in stock price 10 days leading up to the earnings, and a -4.37% change 10 days following the report. On the earnings day itself, the stock moves by +3.69%. This data can give you a slight idea of what to expect for the next quarter's release.
GAMB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
32.12M
36.92%
5.16%
Gross Margin
93.87%
3.82%
-0.87%
Operating Margin
29.90%
46.57%
16.03%
Net Margin
26.49%
23.96%
16.75%
EPS
0.24
84.62%
26.32%
No Data Available
GAMB Earnings Analysis
Gambling.com Group Limited Ordinary Shares Corporation (GAMB.O) Earnings Conference Call
Positive
Record Revenue and EBITDA Growth: Gambling.com Group delivered stronger than expected performance across all of our operating regions, leading to record third quarter revenue of $32.1 million and record adjusted EBITDA of $12.6 million representing year-over-year growth of 37% and 108%, respectively.
Market Diversification Impact: The company's diversified market exposure and thoughtful casino first allocation set the stage for this performance, and our first rate team's relentless focus on execution drove these results.
High Intent Traffic Growth: Our global portfolio of websites has never been better at driving high intent traffic to our online operator customer base.
iGaming Revenue Growth: iGaming revenue continued its strong growth trajectory across all our operating regions, while North America overall held flat year-over-year despite challenging comparisons to the third quarter in 2023.
Record Free Cash Flow: Free cash flow reached a new record of $14.2 million in Q3.
Negative
North America Revenue Stagnation: The company reported a flat year-over-year revenue growth in North America despite strong performance in other regions, indicating challenges in this key market segment.
Operating Expenses Increase: Operating expenses increased by 25% to $20.8 million, reflecting higher headcount and increased amortization expenses related to acquisitions.
EBITDA Margin Increase Concerns: The adjusted EBITDA margin was reported at 39%, up from 26% a year ago, but this was driven by a low base from the previous year, indicating potential unsustainability in future quarters.
Revenue Record, Flat Growth: Despite a record revenue of $32.1 million, the company faced challenges in maintaining customer growth in North America, which remained flat year-over-year.
North American Revenue Decline: The company anticipates a decline in North American revenue compared to 2023, highlighting potential difficulties in sustaining growth in this market.
GAMB FAQs
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GAMB Earning Call Sentiment
Gambling.com Group Limited (GAMB) Q3 2024 Earnings Call Transcript
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00:00
00:00
GAMB.O
-1.78%Positive
The earnings call shows strong financial performance with 37% revenue growth and 108% EBITDA growth, alongside a robust share repurchase program. Raised guidance for 2024 further supports a positive sentiment. Despite competitive pressures and regulatory risks, the company maintains a strong market position and strategic M&A focus. The Q&A revealed confidence in organic growth and a proactive approach to market opportunities. Overall, the financial strength and strategic initiatives outweigh potential risks, suggesting a positive stock price movement in the near term.
