Business
Gambling.com Group Fourth Quarter Revenue Rises 107% to $21.3 Million
2022 Full Year Revenue Increased 81% to $76.5 Million Initiates 2023 Guidance for Revenue of $93-$97 Million and Adjusted EBITDA of $32-$36 Million
About this update from Gambling.com Group Limited
[{"type":"text","content":"\n2022 Full Year Revenue Increased 81% to $76.5 Million\n\nInitiates 2023 Guidance for Revenue of $93-$97 Million and Adjusted EBITDA of $32-$36 Million\n\n CHARLOTTE, N.C.--(BUSINESS WIRE)--\nGambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of digital marketing services for the global online gambling industry, today announced financial results for the fourth quarter and the full year periods ended December 31, 2022.\n\n\n \n\n\n\nFourth Quarter and Full Year 2022 vs. Fourth Quarter and Full Year 2021 Financial Highlights\n\n\n\n\n\n(in thousands, USD, except per share data, unaudited)\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n \n\n\n\nThree Months Ended\nDecember 31,\n\n\n\n \n\n\n\nChange\n\n\n\n \n\n\n\nYear Ended December 31,\n\n\n\n \n\n\n\nChange\n\n\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n%\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n%\n\n\n\n\n\nRevenue\n\n\n\n21,349\n\n\n\n \n\n\n\n \n\n\n\n10,291\n\n\n\n \n\n\n\n \n\n\n\n107\n\n\n\n%\n\n\n\n \n\n\n\n76,507\n\n\n\n \n\n\n\n \n\n\n\n42,323\n\n\n\n \n\n\n\n \n\n\n\n81\n\n\n\n%\n\n\n\n\n\nNet income (loss) for the period attributable to shareholders (1)\n\n\n\n(4,409\n\n\n\n)\n\n\n\n \n\n\n\n867\n\n\n\n \n\n\n\n \n\n\n\n(609\n\n\n\n)%\n\n\n\n \n\n\n\n2,390\n\n\n\n \n\n\n\n \n\n\n\n12,453\n\n\n\n \n\n\n\n \n\n\n\n(81\n\n\n\n)%\n\n\n\n\n\nNet income (loss) per share attributable to shareholders, diluted (1)\n\n\n\n(0.12\n\n\n\n)\n\n\n\n \n\n\n\n0.02\n\n\n\n \n\n\n\n \n\n\n\n(687\n\n\n\n)%\n\n\n\n \n\n\n\n0.06\n\n\n\n \n\n\n\n \n\n\n\n0.37\n\n\n\n \n\n\n\n \n\n\n\n(86\n\n\n\n)%\n\n\n\n\n\nAdjusted net income (loss) for the period attributable to shareholders (1)\n\n\n\n613\n\n\n\n \n\n\n\n \n\n\n\n867\n\n\n\n \n\n\n\n \n\n\n\n(29\n\n\n\n)%\n\n\n\n \n\n\n\n14,195\n\n\n\n \n\n\n\n \n\n\n\n12,453\n\n\n\n \n\n\n\n \n\n\n\n14\n\n\n\n%\n\n\n\n\n\nAdjusted net income (loss) per share attributable to shareholders, diluted (1)\n\n\n\n0.02\n\n\n\n \n\n\n\n \n\n\n\n0.02\n\n\n\n \n\n\n\n \n\n\n\n—\n\n\n\n%\n\n\n\n \n\n\n\n0.37\n\n\n\n \n\n\n\n \n\n\n\n0.37\n\n\n\n \n\n\n\n \n\n\n\n—\n\n\n\n%\n\n\n\n\n\nAdjusted EBITDA\n\n\n\n6,855\n\n\n\n \n\n\n\n \n\n\n\n2,272\n\n\n\n \n\n\n\n \n\n\n\n202\n\n\n\n%\n\n\n\n \n\n\n\n24,069\n\n\n\n \n\n\n\n \n\n\n\n18,356\n\n\n\n \n\n\n\n \n\n\n\n31\n\n\n\n%\n\n\n\n\n\nAdjusted EBITD...