Gentoo Media Inc · OMXSTO:G2M
Gentoo Media — Q2 2026 Earnings Presentation
21 slides from Gentoo Media's earnings presentation, Aug 26, 2026
Slide 1: Q2 2026 Presentation
Gentoo Media Q2 2026 Interim Report - Presentation 2026 Q2 2026 Presentation 26 August 2026
Slide 2: Connecting high-intent players with leading iGaming operators worldwide
Gentoo Media Q2 2026 Interim Report - Presentation Connecting high-intent players with leading iGaming operators worldwide
Slide 3: Gentoo Media business model
Gentoo Media Q2 2026 Interim Report - Presentation Gentoo Media Potential user Commission models business model 1 Revenue share (~60%) Recurring revenue with high earnings potential via compounding effect Paid as revenue from cohorts grows Publishing channels over time Listing fee (~30%) 2 Fixed pay
Slide 4: Gentoo Media's strategy
Gentoo Media Q2 2026 Interim Report - Presentation Gentoo Media’s strategy STRATEGIC AMBITION STRATEGIC PILLARS (how we get there) A leaner, more focused, 01 02 cash-generative affiliate Reduced Stronger business complexity flagship brands Capital and resources directed to the highest-performing bran
Slide 5: Q2 2026 Executive summary
Gentoo Media Q2 2026 Interim Report - Presentation Q2 2026 Executive summary Q2 2026: continued operational and financial progress - revenue below expectations Player intake and player activity increased quarter over quarter, supported by the FIFA World Cup and higher marketing investment, but did no
Slide 6: Q2 quarterly highlights
Gentoo Media 1. Q2 Performance Q2 2026 Interim Report - Presentation Q2 quarterly highlights Revenue & EBITDA Cash from operations First-time depositors / FTDs Value of deposits (EUR million) (EUR million) (‘000) (EUR million) EBITDA* Revenue Paid Publishing 14.0 25.0 25.6 6% 24.0 22.7 22.9 136.2 20
Slide 7: Financial highlights
Gentoo Media Q3 Q2 2025 2026 Interim Report - Presentation Financial highlights
Slide 8: Financial Q2 highlights
Gentoo Media Q2 2026 Interim Report - Presentation Financial Q2 highlights Gentoo Media Revenue & EBITDA (EUR million) * EBITDA before special items (adj. EBITDA) Revenue PERSONNEL EBITDA* REVENUE MARKETING & OTHER OPEX 22.9 EURm 6.8 EURm 7.2 EURm ↓ 9% YoY ↓ 19% YoY ↓ 12% YoY ↑ 25% QoQ ↓ 11% QoQ 25.
Slide 9: Revenue details
Gentoo Media Q2 2026 Interim Report - Presentation Revenue details Revenue split Revenue by region Q2 26 Q2 26 28% 23% Listing fees / other Global (Rest of World) CPA Americas Revenue share Europe 59% 60% 18% 12% 25.0 25.6 Revenue split per quarter Europe (YoY Growth) 24.0 (EUR million) 22.7 22.9 No
Slide 10: Player intake & value of deposits
Gentoo Media Q2 2026 Interim Report - Presentation Player intake & value of deposits FTDs (‘000) ↑ 25% QoQ ↓ 25% YoY Value of Deposits (EUR million) Fewer, higher-value players year-over-year EUR 207m ↑ 3% QoQ ↑ 6% YoY Paid ↑46% QoQ Publishing ↑10% QoQ All-time high 136.2 207 195 195 202 201 109.1 1
Slide 11: Leaner and more scalable operating model
Gentoo Media Q2 2026 Interim Report - Presentation Leaner and more scalable operating model 16.6 -1.6 Marketing spend & Opex -1.7 +0.8 14.0 bridge (EURm) EUR 16.6m → EUR 14.0m (↓16% → Q2 26) Q2 25 Marketing People cost Other OPEX Q2 26 MARKETING, QoQ PEOPLE + OTHER HEADCOUNT, YoY OPEX, QoQ ↓ EUR 0.9
Slide 12: Capital structure and deleveraging
Gentoo Media Q2 2026 Interim Report - Presentation Capital structure and deleveraging IBD, cash and deferred considerations (EUR million) and leverage ratio IBD INCL. DEFERRED PAYMENTS, NIBD INCL. DEFERRED PAYMENTS, Interest bearing debt Cash and cash equivalents SINCE Q2 2025 SINCE Q2 2025 Deferred
Slide 13: Deleveraging continues as refinancing process advances
Gentoo Media Q2 2026 Interim Report - Presentation Deleveraging continues as refinancing process advances Profitability and credit metrics (12−month improvement) Continued deleveraging and improved credit metrics Adj. EBITDA LTM: EUR 43.4m ↑ 6% YoY NIBD: EUR 112.2m ↓ 9% YoY EURm Q2’25 Q3’25 Q4’25 Q1’2
Slide 14: Operational highlights
Gentoo Media Q3 Q2 2025 2026 Interim Report - Presentation Operational highlights
Slide 15: Publishing highlights
Gentoo Media Q2 2026 Interim Report - Presentation Publishing highlights Publishing revenue of EUR 18.5 million, down 4% QoQ and 8% YoY Publishing Revenue Quarterly Revenue (EUR million) Continued focus on core brands, monetisation and highest-potential 20.0 markets 19.8 19.3 18.4 18.5 Product devel
Slide 16: Paid highlights
Gentoo Media Q2 2026 Interim Report - Presentation Paid highlights Paid Revenue Quarterly Revenue (EUR million) Paid revenue of EUR 4.4 million, down 8% QoQ and 12% YoY Player acquisition accelerated, with FTDs up 46% QoQ and stable 5.8 CAC 5.0 4.8 4.4 Higher operator bonuses and incentives reduced
Slide 17: Advancing the drivers of growth
Gentoo Media Q2 2026 Interim Report - Presentation Advancing the drivers of growth Closing the gap between improving player activity and revenue Partner optimisation Stronger relationships in priority markets Traffic optimisation Direct traffic towards highest-converting partners Brands, products &
Slide 18: Summary & outlook
Gentoo Media Q3 Q2 2025 2026 Interim Report - Presentation Summary & outlook
Slide 19: Summary & outlook
Gentoo Media Q2 2026 Interim Report - Presentation Summary & outlook Following the completion of H1 2026, Gentoo Media revises its full-year guidance Items Previous Revised 2026 Revenue down 9% YoY; adjusted EBITDA up 5% to EUR 8.9 million guidance guidance Adjusted EBITDA margin increased 5pp to 39
Slide 20: Thank you
Gentoo Media Q2 2026 Interim Report - Presentation Thank you
Slide 21: Disclaimer
Gentoo Media Q2 2026 Interim Report - Presentation Disclaimer This Presentation (the “Presentation”) has been prepared by Gentoo Media Inc., herunder Gentoo Media (the “Company”). This Presentation is for informational purposes only, and this Presentation is neither an offer to sell or purchase, nor