Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q1 2026 Earnings Presentation
16 slides from Kambi Group Plc Class B's earnings presentation, Apr 29, 2026
Slide 1: Kambi Group plc Q1 2026 Report
Kambi Group plc Q1 2026 Report 29 April 2026 1 Kambi Group plc – Q1 2026 Report CEO Werner Becher, CFO David Kenyon
Slide 2: Agenda
Agenda 1. Highlights 2. Financial summary 3. Operational updates 4. Summary 5. Q&A 2
Slide 3: Highlights
Highlights Year -on-year growth with Q1 revenue increasing 5% to €43.5m and adjusted EBITA (acq) up 64% to €5.7m Turnkey Sportsbook selected to power Canadian lotteries in seven provinces Agreed Turnkey Sportsbook partnership with French operator Pari Mutuel Urbain (PMU) Signed Odds Feed+ deal with
Slide 4: Financial summary
Financial summary Q1 2026 Revenue Operating Adjusted EBITA expenses (acq) €43.5m €31.9m €5.7m Q1 2025: €41.5m Q1 2025: €32.6m Q1 2025: €3.5m The definition of adjusted EBITA (acq) has been updated to exclude the impact of foreign exchange revaluations (a gain of €0. 1m in Q1 2026 and a loss of €1.2m
Slide 5: Operator trading analysis
Operator trading analysis Kambi Turnkey Turnover Index and Operator Trading Margin 1,000 11.6% 12% 900 11% 800 10% 700 9% 600 8% 500 7% 400 6% 300 5% 200 4% 100 3% 0 2% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Turnover Index Operator Tra
Slide 6: Adjusted EBITA (acq) Q1 2026 vs Q1 2025
Adjusted EBITA (acq) Q1 2026 vs Q1 2025 €m Revenue factors 10 8 6 4 2 0 Adj EBITA (acq) Organic Operator 2026 Operator Gaming tax Cost Operating Constant currency Adj EBITA (acq) Q1 2025 growth trading margin launches migrations & other of sales expenses FX impact Q1 2026 6 Kambi Group plc – Q1 2026
Slide 7: Cash flow Q1 2026
Cash flow Q1 2026 €m 50 40 30 20 Opening cash Operating Amortisation of Tax Working capital, Amortisation less Standby Shares Closing cash Q1 2026 profit acquired intangibles receipt capex, depreciation development costs letter of credit repurchased Q1 2026 & other 7 Kambi Group plc – Q1 2026 Report
Slide 8: Operational summary
Operational summary Completed landmark launch Partnered and launched with historic LiveScore Group's Virgin Bet brand Selected to power national sports betting with Ontario Lottery and French betting operator PMU launched in South Africa solution for Canadian lotteries Gaming Corporation Q1 Q2 so fa
Slide 9: PMU partnership and launch
PMU partnership and launch Kambi now live in France Agreed Turnkey Sportsbook partnership with renowned French horse racing brand PMU Bespoke front -end solution will enable PMU to offer a unique and localised UX in a competitive market PMU Play launched on 31 March, marking Kambi’s entry into the r
Slide 10: Multi-province Canadian sportsbook partnership
Multi-province Canadian sportsbook partnership Expanding Kambi’s footprint in North America Newfoundland and Labrador British Columbia Kambi to power sportsbooks for Atlantic Lottery Saskatchewan Prince Edward Island Corporation and British Columbia Lottery Corporation Agreement covers online and re
Slide 11: Odds Feed+
Odds Feed+ March Madness moneyline uptime Continuing to build momentum (first 50 games) Operator Uptime Expanded content for Hard Rock Bet Sportsbook, including college basketball and March Madness Hard Rock 90.2% BetRivers (RSI) 89.3% DraftKings 88.5% Independent analysis shows Kambi partners takin
Slide 12: Major events driving increased activity
Major events driving increased activity Leading offerings across key sporting events Betting volumes increased year -on-year, with approximately three million more bets placed in Q1 2026 Super Bowl Man City v Real Madrid Cheltenham Festival #2 by global bets #1 by global bets #1 by European bets Q1
Slide 13: Our unique AI advantage
Our unique AI advantage Partner network scale A self - reinforcing AI pricing flywheel c.70 partners Global coverage At our scale, AI isn’t Growth and retention Various operator types Unique data a feature, it’s how Partner satisfaction €17bn global liquidity the market is priced. More attractive Bi
Slide 14: Summary
Summary YoY revenue growth and Regulated market focus Uniquely positioned to cost discipline delivering enabling meaningful new increase competitive increased profitability partner wins advantage through AI 14 Kambi Group plc – Q1 2026 Report CEO Werner Becher, CFO David Kenyon
Slide 15: Q&A
Q&A kambi.com 15 Kambi Group plc – Q1 2026 Report CEO Werner Becher, CFO David Kenyon
Slide 16: Thank you
Thank you kambi.com 16 Kambi Group plc – Q1 2026 Report CEO Werner Becher, CFO David Kenyon