Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q2 2026 Earnings Presentation
14 slides from Kambi Group Plc Class B's earnings presentation, Jul 22, 2026
Slide 1: Kambi Group plc Q2 2026 Report
Kambi Group plc Q2 2026 Report 22 July 2026 1 Kambi Group plc – Q2 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 Strong financial performance with 13% YoY revenue growth and adjusted EBITA ( acq ) doubling to €7.6m Full -year outlook increased to an estimated adjusted EBITA (acq) of €23 - 27m Over €1bn turnover at 18% operator trading margin across fully AI -traded FIFA World Cup Signed Turnkey part
Slide 4: Financial summary
Financial summary Q2 2026 Revenue Operating Adjusted EBITA expenses (acq) €45.9m €31.5m €7.6m Q2 2025: €40.5m Q2 2025: €31.7m Q2 2025: €3.7m The definition of adjusted EBITA (acq) has been updated to exclude the impact of foreign exchange revaluations. 4 Kambi Group plc – Q2 2026 Report CEO Werner B
Slide 5: Operator trading analysis
Operator trading analysis Kambi Turnkey Turnover Index and Operator Trading Margin 1,000 15% 14.0% 900 14% 800 13% 700 12% 600 11% 500 10% 400 9% 300 8% 200 7% 100 6% 0 5% 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 Q2 2026 Turnover Index O
Slide 6: Adjusted EBITA (acq) Q2 2026 vs Q2 2025
Adjusted EBITA (acq) Q2 2026 vs Q2 2025 €m Revenue factors 16 14 12 10 8 6 4 2 0 Adj EBITA (acq) Operator trading 2026 launches Major football Operator migrations Gaming tax Cost Operating Constant currency Adj EBITA (acq) Q2 2025 margin tournaments & other of sales expenses FX impact Q2 2026 6 Kamb
Slide 7: Cash flow Q2 2026
Cash flow Q2 2026 €m 50 40 30 20 Opening cash Operating Amortisation of acquired Working capital, Tax Amortisation less Shares Closing cash Q2 2026 profit intangibles capex, depreciation & paid development costs repurchased Q2 2026 other 7 Kambi Group plc – Q2 2026 Report CEO Werner Becher, CFO Davi
Slide 8: Commercial summary
Commercial summary Selected to power multi -province Signed online sports betting partnership Signed Turnkey Sportsbook partnership Launched with RSI on day one Canadian sportsbook solution with Canadian Bank Note Company with Pure Casino Entertainment of the Alberta market opening Q2 Q3 so far Agre
Slide 9: FIFA World Cup product excellence
FIFA World Cup product excellence Setting a new benchmark for soccer betting Kambi's proprietary AI trading system enabled improvements across entire sportsbook Continued shift towards higher -margin bet types with 1 million unique combinations placed on the final deeper props offering and increased
Slide 10: Record-breaking FIFA World Cup
Record -breaking FIFA World Cup Leading product and AI trading capability enabled strong and consistent margin 1bn+ 18% 35% +20% 46% Turnkey operator Bet Builder avg. operator turnover from Sportsbook trading as % of all bets turnover per match Latin America turnover margin (versus 2022) Cumulative
Slide 11: Our unique AI advantage
Partner network scale c.70 partners Our unique AI advantage A self - reinforcing AI pricing flywheel Global coverage Growth and retention Various operator types Unique data Partner satisfaction €17bn global liquidity More attractive Billions of bets per year to prospects AI trading overview Network
Slide 12: Summary
Summary Strong financial Hugely successful FIFA Accelerating expansion performance, leading World Cup from both of AI trading edge to to increased full -year product and margin key sports over guidance perspective coming months 12 Kambi Group plc – Q2 2026 Report CEO Werner Becher, CFO David Kenyon
Slide 13: Q&A
Q&A kambi.com 13 Kambi Group plc – Q2 2026 Report CEO Werner Becher, CFO David Kenyon
Slide 14: Thank you
Thank you kambi.com 14 Kambi Group plc – Q2 2026 Report CEO Werner Becher, CFO David Kenyon