Gambling.com Group (NASDAQ:GAMB) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$32.1m (up 37% from 3Q 2023).
• Net income: US$8.51m (up 70% from 3Q 2023).
• Profit margin: 27% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.24 (up from US$0.13 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gambling.com Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 32%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Media industry in the US.

The company's shares are up 17% from a week ago.

Risk Analysis

com Group that you should be aware of.

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