Rounding off its full year 2025 reporting, Gambling.com Group has been able to share record revenue results at the same time as ending up with a total loss of $27.2m
While the business appeared to perform well, the losses came about principally from a fair value adjustment and a non-cash impairment expense of $14m.
On the positive side, revenue hit its highest mark for both the fourth quarter and the entire fiscal year, reaching $46.2m for Q4 and $165.4m for 2025.
The company has said the results were driven by strong performance in its performance marketing, media and sports data segments, particularly in North America and Europe.
The company operates a network of gambling comparison websites and technology platforms that connect licensed operators with players in regulated markets.
Revenue growth was backed up with a 19% year-on-year rise in adjusted EBITDA, which was up at $58m, representing an EBITDA margin of 35%.
Sports data services account for 26% of quarterly revenue after rapid growth in this particular area.
Chief Executive and Co-Founder Charles Gillespie said the results demonstrate the success of the company’s strategy to diversify its revenue streams beyond traditional affiliate marketing.
He said: "For the first time in our history, revenue not dependent on SEO exceeded revenue from SEO thanks to our successful channel diversification initiatives.”
Gillespie’s word on the future was positive as well, adding: “We expect full year top line growth to be led by OpticOdds, our enterprise sports data services business.
"The focus for 2026 will be on increasing our coverage of different sports and leagues to better address the needs of operators outside the US while also developing innovative new features for our anchor customers here in the US.”
Looking forward, the company appears to be looking at continued invest in product development, new market launches and potential acquisitions as it seeks to maintain its long-term growth trend.
The company expects 2026 revenue to land somewhere between $170m and $180m
