Kambi Group plc (KAMBI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Camby's Q1 presentation. My name is Mattias Richthoff. I'm SVP of Investor Relations. I'm here today with our CEO, Werner Becker, and our CFO, David Kenyon. We will start with the presentation, followed by a Q&A. If you wish to ask a question during the Q&A, you can press pound key five, or you can write in the chat to me and I will read out your questions. So the agenda for today, we will start with some highlights by Werner and then we will move on to the financial summary with David. Then Werner will come back and speak a bit about operational highlights of the quarter. And then finally, we will have the Q&A. With that, I hand over to you, Werner. Thank you. Good to be here again to talk through our Q1 report following a quick turnaround from our Q4 presentation late February. In Q1, we delivered revenue growth of 7% when excluding the impact of transition fees. While this financial performance is broadly in line with our expectations and under no illusion that we must improve and our aspirations for the business are far higher. As you'll be fully aware, the macroeconomic picture has become a little more volatile in recent months. Canby is not directly affected by the recently proposed US tariffs. But David will talk a little more about the Q1 foreign exchange impact. As highlighted at Q4, we signed an innovation agreement with Ontario Lottery, which will see Camby become the sportsbook supplier to OLG. OLG is the former sports betting monopoly operator in Ontario, so holds a prominent position in this market. On January 1st, the Brazilian regulated sports betting market went live and we are up and running with five partners. Four on our turnkey. with Reto Pitaco on our new Oatsfeed Plus product, which also went live with Har...