Slide 1: Fourth Quarter and Full Year 2022 Financial Results Call
Fourth Quarter and Full Year 2022 Financial Results Call March 23, 2023 CONFIDENTIAL & PRIVATE
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement This presentation and the accompany ing oral presentation includes f orward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the saf e harbor prov isions of the
Slide 3: Agenda
Q4 Quarter Highlights Q4 Financial Results Full Year Financial Results 2023 Outlook Appendix AGENDA 3CONFIDENTIAL & PRIVATE 4 - 8 9 10 11 12 - 20
Slide 4: Fourth Quarter Highlights
4 Fourth Quarter Highlights Named 2022 EGR Sports Affiliate of the Year (1) Represents a non-IFRS financial measure. See ”Safe Harbor Statement - Non-IFRS Financial Measures” and the tables at the end of this presentation under “Appendix: Financial Tables” for reconciliations to the comparable IFRS
Slide 5: Industry-Leading Organic Revenue Growth
5 Industry-Leading Organic Revenue Growth Sources: Publicly Traded Peers 1, 2 and 3 (Nasdaq Sw eden) Company's filings. 10% 8% 18% 50% Peer 1 Peer 2 Peer 3 Gambling.com Group Organic Revenue CAGR (2017 – 2021) -4% 11% 34% 39% Peer 1 Peer 2 Peer 3 Gambling.com Group FY 2022 YoY Organic Revenue Growth
Slide 6: Fourth Quarter Drivers
6 Fourth Quarter Drivers Named 2022 EGR Sports Affiliate of the Year 544% 342% 299% 364% Q1 Q2 Q3 Q4 2022 YoY North America Revenue Growth by Quarter• North American revenue grew 364% to $10.0 million • Successful new market launch in Maryland and tailwinds from recent Kansas launch • UK and Irelan
Slide 7: Diversified Portfolio of Premium Digital Media Assets: Partners
7 Diversified Portfolio of Premium Digital Media Assets: Partners Map represents notable w ebsites and is not an exhaustive list of all partner assets
Slide 8: Diversified Portfolio of Premium Digital Media Assets: Owned
8All w ebsites listed here are w holly ow ned by Gambling.com Group Diversified Portfolio of Premium Digital Media Assets: Owned
Slide 9: Q4 2022 Financial Results
9 Q4 2022 Financial Results(1) (1) This table contains non-IFRS financial measures. See ”Safe Harbor Statement - Non-IFRS Financial Measures” and the tables at the end of this presentation under “Appendix: Financial Tables” for reconciliations to the comparable IFRS numbers. 2022 2021 Change Revenue
Slide 10: Full Year 2022 Financial Results
10 Full Year 2022 Financial Results(1) (1) This table contains non-IFRS financial measures. See ”Safe Harbor Statement - Non-IFRS Financial Measures” and the tables at the end of this presentation under “Appendix: Financial Tables” for reconciliations to the comparable IFRS numbers. 2022 2021 Change
Slide 11: FY 2023 Outlook
11 FY 2023 Outlook (1) • For 2022, revenue is expected to be in the range of $93-97 million, which implies growth of 22- 27% • For 2022, Adjusted EBITDA is expected to be in the range of $32-36 million, which implies growth of 33-50% Low Midpoint High FY 2022 Revenue (millions) $93.0 $95.0 $97.0 $76
Slide 12: Appendix: Financial Tables
12CONFIDENTIAL & PRIVATE Appendix: Financial Tables
Slide 13: Condensed Consolidated Statements of Comprehensive Income (Loss)
13 Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD in thousands, except per share amounts) Three Months Ended December 31, Change Three Months Ended December 31, Change Year Ended Change Year Ended December 31, Change December 31, 2022 2021 % 2021 % 2022 2021 % 2021
Slide 14: Condensed Consolidated Statements of Financial Position
14 Condensed Consolidated Statements of Financial Position (USD in thousands) DECEMBER 31, DECEMBER 31, 2022 2021 ASSETS Non-current assets Property and equipment 714 569 Right-of-use assets 1,818 1,465 Intangible assets 88,521 25,419 Deferred compensation cost 29 — Deferred tax asset 5,832 7,028 To
Slide 15: Condensed Consolidated Statements of Cash Flows
15 Condensed Consolidated Statements of Cash Flows (Unaudited) (USD in thousands) Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 Cash flow from operating activities Income before tax -4,739 1,311 2,900 12,164 Finance (income) expenses, net 4,434 -688 -1,023 -772 Adjustme
Slide 16: Earnings Per Share
16 Earnings Per Share Three Months Ended December 31, Reporting Currency Change Constant Currency Change Year Ended December 31, Reporting Currency Change Constant Currency Change 2022 2021 % % 2022 2021 % % Net income for the period attributable to shareholders -4,409 867 -609% -668% 2,390 12,453 -
Slide 17: Adjusted Operating Expense and Adjusted Operating Profit Reconciliation
17 Adjusted Operating Expense and Adjusted Operating Profit Reconciliation Three Months Ended December 31, Year Ended December 31, 2022 2021 2022 2021 (in thousands USD, unaudited) (in thousands USD, unaudited) Revenue 21,349 10,291 76,507 42,323 Less Cost of sales (629) — — (2,959) — Less Adjusted
Slide 18: Adjusted Net Income and Adjusted Net Income Per Share Reconciliation
18 Adjusted Net Income and Adjusted Net Income Per Share Reconciliation (1)There is no tax impact from fair va lue movement on contingent consideration and unwinding of deferred consideration. Three Months Ended December 31, Reporting Currency Change Constant Currency Change Year Ended Reporting Cur
Slide 19: EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin Reconciliation
19 EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin Reconciliation n/m = not meaningful 1. The acquisition costs are related to the business combinations of the Group. Three Months Ended December 31, Reporting Currency Change Constant Currency Change Year Ended Reporting Currency Change Constant C
Slide 20: Free Cash Flow Reconciliation
20 Free Cash Flow Reconciliation (1) Capital expenditures are defined as the acquisition of property and equipment and the acquisition of intangible assets. Three Months Ended December 31, Change Year Ended Change December 31, 2022 2021 % 2022 2021 % (in thousands USD, unaudited) (in thousands USD,