Kambi Group plc (KAMBI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Q1 earning call. At this time, all participants are in the listen-only mode. After the speaker presentations, there will be time for questions and answers. If you're following us on the teleconference and wish to ask a question, please press star 1-1. If you're following us through the webcast, you may submit your questions through the chat. Please be advised that today's conference is being recorded. So the agenda for today, we will start with some highlights from Werner, which will be followed by the financial summary by David Kenyon, and then Werner will come back with some operational updates. Following this, there will be time for the Q&A. With that, I would like to hand over the conference to you, Werner. Please go ahead. Thanks, Mattias, and good morning. Our progress in Q1 represents a strong start to the year with an improved financial performance and continued commercial momentum. The quarter saw its return to growth with revenue up 5% and EBITDA up 64%, which David will walk through in more detail shortly. Hopefully you've already seen this morning, we were announced as the winning bidder and signed a contract for the Canadian National Sports Betting Solution, which will see us add another seven provinces to our recent partnership with Ontario Lottery, giving us a strong position in Canada. This follows on from our turnkey sports book partnership with PMU in France, which we signed and launched at the end of the quarter. And we continue to expand our odds feed plus signing with ComeOn and deepening our partnership with HardRock in the United States. Thank you, Werner. Good morning, everyone. Let me start with the headline numbers for Q1. So we delivered revenue of 43.5 million, which is up year on year versus 41.5 million last year. Operating expenses were...