Kambi Group plc (KAMBI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Canbi's Q2 earnings 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 question through the chat. Please be advised that today's conference is being recorded. The agenda for today. We will start with some highlights from Werner, which will be followed by the financial summary by David. 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, everyone. Q2 and the weeks following have been a fantastic business period for Camby, as our report shows this morning. While the World Cup went just about as well as we could hope, our performance prior to the World Cup had also been strong. This morning, we posted a 13% increase in Q2 revenue, with EBITDA doubling year on year. With that growth coming despite the payment of credits for operational issues we had in April, as discussed. As a result, We are today increasing our EBITDAG guidance from 2025 now to 23 to 27 million euros. This increase is part due to the World Cup, where we outperformed our high expectations, processing more than 100 million bets, turnover in excess of 1 billion euro and an operator trading margin of 18%. And that's just only for turnkey and does not include our odds feed plus services. And in terms of new business, at the start of the quarter, we signed a partnership with a group of Canadian lotteries, giving us access to seven more provinces in Canada. Since the quart...