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Gentoo Media posts Q3 profit a year after GiG split

Q3 profit sat at €1m, compared to last year's €60.2m loss.

3 min read
gentoo issues its q3 financial results
Key Points
Gentoo Media reported revenue of €22.7m for Q3 2025, a 23.1% year-on-year decrease
While revenue was down, so were expenses
The affiliate reported profit for the quarter, compared to last year's €60.2m loss

Gentoo Media has released its financial results for Q3 2025.

In total, revenue came to €22.7m ($26.3m), a 23.1% decrease compared to this time last year.

Employee costs dropped 3.1% to €5.5m, while marketing expenses dropped almost €1m to €6m. With €1.9m in other expenses, operating profit before EBITDA and special items came to €9.3m. Despite decreased costs across the board, this figure still reflects a 31.8% decrease from Q3 2024, and when including special items (but still excluding EBITDA), operating profit came to €8.1m.

Overall, operating profit reached €4.3m, a significant decrease from the €9.1m reported last year. Net financial expenses came to €3.3m, compared to a net financial income of €3.5m last year, resulting in profit before income taxes of €700,000, down from €3.5m, and profit from continuing operations at €1m, compared to €2.5m.

However, last year Gentoo reported a loss from discontinued operations of €62.6m, accounting for its spin-off from original owners GiG in October last year. As this was not an issue this quarter, Gentoo was able to report a €1m profit. This stands in stark comparison to the €60.2m loss reported last year.

For the year so far, revenue is at €73.1m, down 16.6% year-on-year. Operating profit was also down dramatically, dropping from €27.2m to €8.6m, though on account of the aforementioned discontinued operations of €62.6m, YTD loss for the period came only to €2.3m, compared to last year's €61.7m.

On the results, CEO Jonal Warrer said: "The third quarter of 2025 marked clear operational progress for Gentoo Media. The effects of the strategic realignment initiated earlier in the year are now visible across the business, reflected in stronger margins and a stabilised, more efficient cost base."

He highlighted the positive impact of right-sizing efforts, and the appointment of a new CFO Mads Haugegaard Albrechtsen in March, as reasons for the results.

He went on to say: "Gentoo Media enters Q4 with a leaner organisation and strengthened execution, well positioned to maximise year-end peak-season performance and carry this momentum into 2026... I would like to thank our employees for their dedication and adaptability throughout this transition, and our partners and investors for their continued trust and support."

Good to know

Declining results have been a trend among many industry affiliates. We explore this in the inaugural print publication of Global Gaming Insider, coming in January

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