Gambling.com Group Reports Second Quarter 2022 Financial Results
Gambling.com Group reported a 53% increase in revenue to $15.9 million for Q2 2022, with North American revenue growth surpassing 300%. The company maintains its full-year revenue forecast of $71-76 million and Adjusted EBITDA of $22-27 million. Despite the seasonal weakness of Q2, Gambling.com generated positive Adjusted EBITDA and Free Cash Flow. The company also launched in Ontario, added over 57,000 new depositing customers, and was included in the Russell 3000 index. However, net income dropped significantly by 98% compared to the previous year.
- Revenue growth of 53% to $15.9 million.
- North American revenue grew 342% to $6.2 million.
- Added over 57,000 new depositing customers.
- Guidance for FY 2022 remains at $71-76 million in revenue and $22-27 million in Adjusted EBITDA.
- Net income decreased by 98% to $56,000.
- Adjusted EBITDA fell 34% to $3.6 million.
- Cash flow from operations declined by 27% to $3.5 million.
Revenue grew
Reiterates full year outlook for revenue of
“We continued to execute on our strategy of rapidly growing our business in
Second Quarter 2022 vs. Second Quarter 2021 Financial Highlights
(in thousands, USD, except per share data, unaudited)
|
Three Months Ended |
|
CHANGE |
||||||||
|
2022 |
|
2021 |
|
$ |
|
% |
||||
Revenue |
15,924 |
|
|
10,392 |
|
|
5,532 |
|
|
53 |
% |
Net income for the period attributable to the shareholders |
56 |
|
|
2,445 |
|
|
(2,389 |
) |
|
(98 |
)% |
Net income per share attributable to shareholders, diluted |
0.00 |
|
|
0.08 |
|
|
(0.08 |
) |
|
(100 |
)% |
Adjusted net income for the period attributable to shareholders |
3,065 |
|
|
2,445 |
|
|
620 |
|
|
25 |
% |
Adjusted net income per share attributable to shareholders, diluted |
0.09 |
|
|
0.08 |
|
|
0.01 |
|
|
9 |
% |
Adjusted EBITDA |
3,617 |
|
|
5,518 |
|
|
(1,901 |
) |
|
(34 |
)% |
Adjusted EBITDA Margin |
23 |
% |
|
53 |
% |
|
|
|
(30 |
)% |
|
Cash flow from operations |
3,460 |
|
|
4,738 |
|
|
(1,278 |
) |
|
(27 |
)% |
Free Cash Flow |
2,914 |
|
|
3,122 |
|
|
(208 |
) |
|
(7 |
)% |
Second Quarter 2022 Business Highlights
-
North American revenue grew
342% to$6.2 million - Delivered more than 57,000 new depositing customers
-
Successful new market launch in
Ontario -
Added
Michael Quartieri to the Board of Directors, effective as ofJune 30, 2022 - Inclusion of GAMB shares in the Russell 3000 index and various sub-indexes
- Contribution from BonusFinder.com is ahead of plan
2022 Outlook
For the fiscal year 2022, based on currently available information, the Company reiterates its fiscal 2022 guidance and estimates:
-
Total revenue will be in the range of
$71 million $76 million -
Adjusted EBITDA will be in the range
$22 million $27 million
Conference Call Details
Date/Time: |
|
|||
Webcast: |
||||
|
877-407-0890 |
|||
International Dial In: |
+1-201-389-0918 |
|||
To access, please dial in approximately 10 minutes before the start of the call. An accompanying slide presentation will be available in PDF format within the News & Events section of the Company’s website.
An archived webcast of the conference call will also be available in the News & Events section of the Company’s website at gambling.com/corporate/investors/news-events.
About
Use of Non-IFRS Measures
This release contains certain non-IFRS financial measures, such as Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, and related ratios. See ”Supplemental Information - Non-IFRS Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable IFRS numbers.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the
|
|||||||||||
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
|
|||||||||||
|
|
|
|
||||||||
|
Three Months Ended |
|
Six Months Ended |
||||||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
||||
|
|
|
|
|
|
|
|
||||
Revenue |
15,924 |
|
|
10,392 |
|
|
35,509 |
|
|
21,909 |
|
Cost of sales |
(495 |
) |
|
— |
|
|
(1,724 |
) |
|
— |
|
Gross profit |
15,429 |
|
|
10,392 |
|
|
33,785 |
|
|
21,909 |
|
Sales and marketing expenses |
(8,454 |
) |
|
(3,144 |
) |
|
(15,816 |
) |
|
(5,848 |
) |
Technology expenses |
(1,499 |
) |
|
(944 |
) |
|
(2,862 |
) |
|
(1,634 |
) |
General and administrative expenses |
(4,804 |
) |
|
(3,387 |
) |
|
(9,632 |
) |
|
(6,159 |
) |
Fair value movement on contingent consideration |
(2,849 |
) |
|
— |
|
|
(2,849 |
) |
|
— |
|
Movements in credit losses allowance and write-offs |
(72 |
) |
|
240 |
|
|
(597 |
) |
|
100 |
|
Operating profit (loss) |
(2,249 |
) |
|
3,157 |
|
|
2,029 |
|
|
8,368 |
|
Finance income |
3,491 |
|
|
394 |
|
|
4,319 |
|
|
552 |
|
Finance expense |
(1,056 |
) |
|
(524 |
) |
|
(1,307 |
) |
|
(761 |
) |
Income before tax |
186 |
|
|
3,027 |
|
|
5,041 |
|
|
8,159 |
|
Income tax charge |
(130 |
) |
|
(582 |
) |
|
(499 |
) |
|
(1,248 |
) |
Net income for the period attributable to the shareholders |
56 |
|
|
2,445 |
|
|
4,542 |
|
|
6,911 |
|
Other comprehensive (loss) income |
|
|
|
|
|
|
|
||||
Exchange differences on translating foreign currencies |
(6,559 |
) |
|
490 |
|
|
(7,928 |
) |
|
(1,202 |
) |
Total comprehensive (loss) income for the period attributable to the shareholders |
(6,503 |
) |
|
2,935 |
|
|
(3,386 |
) |
|
5,709 |
|
Net income per share attributable to shareholders, basic |
0.00 |
|
|
0.09 |
|
|
0.13 |
|
|
0.24 |
|
Net income per share attributable to shareholders, diluted |
0.00 |
|
|
0.08 |
|
|
0.13 |
|
|
0.22 |
|
Condensed Consolidated Statements of Financial Position (Unaudited)
|
|||||
|
|||||
|
2022 |
|
2021 |
||
ASSETS |
|
|
|
||
Non-current assets |
|
|
|
||
Property and equipment |
644 |
|
|
569 |
|
Intangible assets |
83,076 |
|
|
25,419 |
|
Right-of-use assets |
1,896 |
|
|
1,465 |
|
Other non-current assets |
40 |
|
|
— |
|
Deferred tax asset |
6,104 |
|
|
7,028 |
|
Total non-current assets |
91,760 |
|
|
34,481 |
|
Current assets |
|
|
|
||
Trade and other receivables |
8,956 |
|
|
5,497 |
|
Cash and cash equivalents |
31,102 |
|
|
51,047 |
|
Total current assets |
40,058 |
|
|
56,544 |
|
Total assets |
131,818 |
|
|
91,025 |
|
EQUITY AND LIABILITIES |
|
|
|
||
Equity |
|
|
|
||
Share capital |
— |
|
|
— |
|
Capital reserve |
63,711 |
|
|
55,953 |
|
Share options and warrants reserve |
2,901 |
|
|
2,442 |
|
Foreign exchange translation reserve |
(10,210 |
) |
|
(2,282 |
) |
Retained earnings |
28,550 |
|
|
23,796 |
|
Total equity |
84,952 |
|
|
79,909 |
|
Non-current liabilities |
|
|
|
||
Deferred consideration |
4,664 |
|
|
— |
|
Contingent consideration |
9,540 |
|
|
— |
|
Lease liability |
1,702 |
|
|
1,286 |
|
Deferred tax liability |
3,584 |
|
|
— |
|
Total non-current liabilities |
19,490 |
|
|
1,286 |
|
Current liabilities |
|
|
|
||
Trade and other payables |
5,343 |
|
|
3,291 |
|
Deferred consideration |
2,745 |
|
|
— |
|
Contingent consideration |
12,218 |
|
|
— |
|
Other liability |
165 |
|
|
— |
|
Borrowings |
6,107 |
|
|
5,944 |
|
Lease liability |
420 |
|
|
393 |
|
Income tax payable |
378 |
|
|
202 |
|
Total current liabilities |
27,376 |
|
|
9,830 |
|
Total liabilities |
46,866 |
|
|
11,116 |
|
Total equity and liabilities |
131,818 |
|
|
91,025 |
|
Condensed Consolidated Statements of Cash Flows (Unaudited)
|
|||||||||||
|
|||||||||||
|
Three Months Ended |
|
Six Months Ended |
||||||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
||||
|
|
|
|
|
|
|
|
||||
Cash flow from operating activities |
|
|
|
|
|
|
|
||||
Income before tax |
186 |
|
|
3,027 |
|
|
5,041 |
|
|
8,159 |
|
Finance expenses (income), net |
(2,435 |
) |
|
130 |
|
|
(3,012 |
) |
|
209 |
|
Adjustments for non-cash items: |
|
|
|
|
|
|
|
||||
Depreciation and amortization |
1,952 |
|
|
634 |
|
|
3,778 |
|
|
1,216 |
|
Movements in credit loss allowance and write-offs |
71 |
|
|
(240 |
) |
|
597 |
|
|
(100 |
) |
Fair value movement on contingent consideration |
2,849 |
|
|
— |
|
|
2,849 |
|
|
— |
|
Share option charge |
885 |
|
|
245 |
|
|
1,609 |
|
|
1,063 |
|
Cash flows from operating activities before changes in working capital |
3,508 |
|
|
3,796 |
|
|
10,862 |
|
|
10,547 |
|
Changes in working capital |
|
|
|
|
|
|
|
||||
Trade and other receivables |
2,549 |
|
|
14 |
|
|
(2,639 |
) |
|
(1,243 |
) |
Trade and other payables |
(1,014 |
) |
|
1,464 |
|
|
304 |
|
|
2,710 |
|
Warrants repurchased |
(800 |
) |
|
— |
|
|
(800 |
) |
|
— |
|
Income tax paid |
(783 |
) |
|
(536 |
) |
|
(783 |
) |
|
(536 |
) |
Cash flows generated by operating activities |
3,460 |
|
|
4,738 |
|
|
6,944 |
|
|
11,478 |
|
Cash flows from investing activities |
|
|
|
|
|
|
|
||||
Acquisition of property and equipment |
(99 |
) |
|
(188 |
) |
|
(242 |
) |
|
(218 |
) |
Acquisition of intangible assets |
(447 |
) |
|
(1,428 |
) |
|
(2,516 |
) |
|
(1,741 |
) |
Acquisition of subsidiaries, net of cash acquired |
(4,114 |
) |
|
— |
|
|
(23,409 |
) |
|
— |
|
Cash flows used in investing activities |
(4,660 |
) |
|
(1,616 |
) |
|
(26,167 |
) |
|
(1,959 |
) |
Cash flows from financing activities |
|
|
|
|
|
|
|
||||
Interest paid |
— |
|
|
— |
|
|
(120 |
) |
|
(121 |
) |
Principal paid on lease liability |
(79 |
) |
|
(49 |
) |
|
(165 |
) |
|
(95 |
) |
Interest paid on lease liability |
(45 |
) |
|
(47 |
) |
|
(95 |
) |
|
(96 |
) |
Cash flows used in financing activities |
(124 |
) |
|
(96 |
) |
|
(380 |
) |
|
(312 |
) |
Net movement in cash and cash equivalents |
(1,324 |
) |
|
3,026 |
|
|
(19,603 |
) |
|
9,207 |
|
Cash and cash equivalents at the beginning of the period |
33,069 |
|
|
14,035 |
|
|
51,047 |
|
|
8,225 |
|
Net foreign exchange differences on cash and cash equivalents |
(643 |
) |
|
107 |
|
|
(342 |
) |
|
(264 |
) |
Cash and cash equivalents at the end of the period |
31,102 |
|
|
17,168 |
|
|
31,102 |
|
|
17,168 |
|
Earnings Per Share
Below is a reconciliation of basic and diluted earnings per share as presented in the Unaudited Interim Condensed Consolidated Statement of Income for the period specified (USD in thousands, except share amounts, unaudited):
|
Three Months Ended |
|
Six Months Ended |
||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
Net income for the period attributable to the shareholders |
56 |
|
2,445 |
|
4,542 |
|
6,911 |
Weighted-average number of ordinary shares, basic |
35,443,258 |
|
28,556,422 |
|
35,176,469 |
|
28,556,422 |
Net income per share attributable to shareholders, basic |
0.00 |
|
0.09 |
|
0.13 |
|
0.24 |
|
|
|
|
|
|
|
|
Net income for the period attributable to the shareholders |
56 |
|
2,445 |
|
4,542 |
|
6,911 |
Weighted-average number of ordinary shares, diluted |
36,057,597 |
|
31,401,166 |
|
36,131,524 |
|
31,401,166 |
Net income per share attributable to shareholders, diluted |
0.00 |
|
0.08 |
|
0.13 |
|
0.22 |
Supplemental Information
Rounding
We have made rounding adjustments to some of the figures included in the discussion and analysis of our financial condition and results of operations together with our condensed consolidated financial statements and the related notes thereto. Accordingly, numerical figures shown as totals in some tables may not be an arithmetic aggregation of the figures that preceded them.
Non-IFRS Financial Measures
Management uses several financial measures, both IFRS and non-IFRS financial measures in analyzing and assessing the overall performance of the business and for making operational decisions.
Adjusted Net Income and Adjusted Net Income Per Share
Adjusted net income is a non-IFRS financial measure defined as net income attributable to equity holders excluding the fair value gain or loss related to contingent consideration. Adjusted net income per diluted share is a non-IFRS financial measure defined as Adjusted net income attributable to equity holders divided by the diluted weighted average number of common shares outstanding.
We believe Adjusted net income and Adjusted net income per diluted share are useful to our management as a measure of comparative operating performance from period to period as they removes the effect of the fair value gain or loss related to the contingent consideration which is not directly associated with our core operations. We expect to incur gains or losses related to the contingent consideration until
Below is a reconciliation to Adjusted net income attributable to equity holders and Adjusted net income per share, diluted from net income for the period attributable to the equity holders and net income per share attributed to ordinary shareholders, diluted as presented in the Condensed Consolidated Statements of Comprehensive Income and for the period specified:
|
Three Months Ended |
|
Six Months Ended |
||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
(in thousands USD, except for share and per share data, unaudited) |
|
(in thousands USD, except for share and per share data, unaudited) |
||||
Net income for the period attributable to the shareholders |
56 |
|
2,445 |
|
4,542 |
|
6,911 |
Fair value movement on contingent consideration |
2,849 |
|
— |
|
2,849 |
|
— |
Unwinding of deferred consideration |
160 |
|
— |
|
160 |
|
— |
Adjusted net income for the period attributable to shareholders |
3,065 |
|
2,445 |
|
7,551 |
|
6,911 |
Weighted-average number of ordinary shares, basic |
35,443,258 |
|
28,556,422 |
|
35,176,469 |
|
28,556,422 |
Net income per share attributable to shareholders, basic |
0.00 |
|
0.09 |
|
0.13 |
|
0.24 |
Adjusted net income per share attributable to shareholders, basic |
0.09 |
|
0.09 |
|
0.21 |
|
0.24 |
Adjusted net income for the period attributable to shareholders |
3,065 |
|
2,445 |
|
7,551 |
|
6,911 |
Weighted-average number of ordinary shares, diluted |
36,057,597 |
|
31,401,166 |
|
36,131,524 |
|
31,401,166 |
Net income per share attributable to shareholders, diluted |
0.00 |
|
0.08 |
|
0.13 |
|
0.22 |
Adjusted net income per share attributable to shareholders, diluted |
0.09 |
|
0.08 |
|
0.21 |
|
0.22 |
Adjusted EBITDA and Adjusted EBITDA Margin
Adjusted EBITDA is a non-IFRS financial measure defined as earnings excluding net finance costs, income tax charge, depreciation, and amortization, effect of non-recurring items, significant non-cash items, share-based payment expense and other items that our board of directors believes do not reflect the underlying performance of the business. Adjusted EBITDA Margin is a non-IFRS measure defined as Adjusted EBITDA as a percentage of revenue.
We believe Adjusted EBITDA and Adjusted EBITDA Margin are useful to our management as a measure of comparative operating performance from period to period as they remove the effect of items not directly resulting from our core operations including effects that are generated by differences in capital structure, depreciation, tax effects and non-recurring events.
While we use Adjusted EBITDA and Adjusted EBITDA Margin as tools to enhance our understanding of certain aspects of our financial performance, we do not believe that Adjusted EBITDA and Adjusted EBITDA Margin are substitutes for, or superior to, the information provided by IFRS results. As such, the presentation of Adjusted EBITDA and Adjusted EBITDA Margin is not intended to be considered in isolation or as a substitute for any measure prepared in accordance with IFRS. The primary limitations associated with the use of Adjusted EBITDA and Adjusted EBITDA Margin as compared to IFRS results are that Adjusted EBITDA and Adjusted EBITDA Margin as we define them may not be comparable to similarly titled measures used by other companies in our industry and that Adjusted EBITDA and Adjusted EBITDA Margin may exclude financial information that some investors may consider important in evaluating our performance.
Below is a reconciliation to Adjusted EBITDA from net income for the period attributable to the equity holders as presented in the Condensed Consolidated Statements of Comprehensive Income and for the period specified:
|
Three Months Ended |
|
CHANGE |
|
Six Months Ended |
|
CHANGE |
||||||||||||||
|
2022 |
|
2021 |
|
$ |
|
% |
|
2022 |
|
2021 |
|
$ |
|
% |
||||||
|
(in thousands USD, unaudited) |
|
|
|
|
|
(in thousands USD, unaudited) |
|
|
|
|
||||||||||
Net income for the period attributable to the shareholders |
56 |
|
|
2,445 |
|
(2,389 |
) |
|
(98 |
)% |
|
4,542 |
|
|
6,911 |
|
(2,369 |
) |
|
(34 |
)% |
Add Back: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
Net finance costs (income) (1) |
(2,435 |
) |
|
130 |
|
(2,565 |
) |
|
n/m |
|
|
(3,012 |
) |
|
209 |
|
(3,221 |
) |
|
n/m |
|
Income tax charge |
130 |
|
|
582 |
|
(452 |
) |
|
(78 |
)% |
|
499 |
|
|
1,248 |
|
(749 |
) |
|
(60 |
)% |
Depreciation expense |
44 |
|
|
47 |
|
(3 |
) |
|
(6 |
)% |
|
87 |
|
|
82 |
|
5 |
|
|
6 |
% |
Amortization expense |
1,908 |
|
|
587 |
|
1,321 |
|
|
n/m |
|
|
3,691 |
|
|
1,134 |
|
2,557 |
|
|
n/m |
|
Share-based payments |
885 |
|
|
245 |
|
640 |
|
|
n/m |
|
|
1,609 |
|
|
1,063 |
|
546 |
|
|
51 |
% |
Fair value movement on contingent consideration |
2,849 |
|
|
— |
|
2,849 |
|
|
n/m |
|
|
2,849 |
|
|
— |
|
2,849 |
|
|
n/m |
|
Accounting and legal fees related to offering |
— |
|
|
392 |
|
(392 |
) |
|
n/m |
|
|
— |
|
|
898 |
|
(898 |
) |
|
n/m |
|
Bonuses related to the offering |
— |
|
|
1,090 |
|
(1,090 |
) |
|
n/m |
|
|
— |
|
|
1,090 |
|
(1,090 |
) |
|
n/m |
|
Acquisition related costs (2) |
180 |
|
|
— |
|
180 |
|
|
n/m |
|
|
454 |
|
|
— |
|
454 |
|
|
n/m |
|
Adjusted EBITDA |
3,617 |
|
|
5,518 |
|
(1,901 |
) |
|
(34 |
)% |
|
10,719 |
|
|
12,635 |
|
(1,916 |
) |
|
(15 |
)% |
________________ |
|
(1) |
Net finance (income) costs is comprised of finance income, and finance expense including unwinding of deferred consideration and foreign exchange gains (losses). |
(2) |
The acquisition costs are related to the business combinations of the Group. |
n/m = not meaningful |
|
Below is the Adjusted EBITDA Margin calculation for the period specified:
|
Three Months Ended |
|
CHANGE |
|
Six Months Ended |
|
CHANGE |
||||||||||||||||
|
2022 |
|
2021 |
|
$ |
|
% |
|
2022 |
|
2021 |
|
$ |
|
% |
||||||||
|
(in thousands, USD, unaudited) |
|
|
|
|
|
(in thousands, USD, unaudited) |
|
|
|
|
||||||||||||
Revenue |
15,924 |
|
|
10,392 |
|
|
5,532 |
|
|
53 |
% |
|
35,509 |
|
|
21,909 |
|
|
13,600 |
|
|
62 |
% |
Adjusted EBITDA |
3,617 |
|
|
5,518 |
|
|
(1,901 |
) |
|
(34 |
)% |
|
10,719 |
|
|
12,635 |
|
|
(1,916 |
) |
|
(15 |
)% |
Adjusted EBITDA Margin |
23 |
% |
|
53 |
% |
|
|
|
(30 |
)% |
|
30 |
% |
|
58 |
% |
|
|
|
(27 |
)% |
||
In regard to forward looking non-IFRS guidance, we are not able to reconcile the forward-looking non-IFRS Adjusted EBITDA measure to the closest corresponding IFRS measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items including, but not limited to, fair value movements, share-based payments for future awards, acquisition-related expenses and certain financing and tax items.
Free Cash Flow
Free Cash Flow is a non-IFRS financial measure defined as cash flow from operating activities less capital expenditures, or CAPEX.
We believe Free Cash Flow is useful to our management as a measure of financial performance as it measures our ability to generate additional cash from our operations. While we use Free Cash Flow as a tool to enhance our understanding of certain aspects of our financial performance, we do not believe that Free Cash Flow is a substitute for, or superior to, the information provided by IFRS metrics. As such, the presentation of Free Cash Flow is not intended to be considered in isolation or as a substitute for any measure prepared in accordance with IFRS.
The primary limitation associated with the use of Free Cash Flow as compared to IFRS metrics is that Free Cash Flow does not represent residual cash flows available for discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and other obligations or payments made for business acquisitions. Free Cash Flow as we define it also may not be comparable to similarly titled measures used by other companies in the online gambling affiliate industry.
Below is a reconciliation to Free Cash Flow from cash flows generated by operating activities as presented in the Unaudited Interim Condensed Consolidated Statement of Cash Flows for the period specified:
|
Three Months Ended |
|
CHANGE |
|
Six Months Ended |
|
CHANGE |
||||||||||||||||
|
2022 |
|
2021 |
|
$ |
|
% |
|
2022 |
|
2021 |
|
$ |
|
% |
||||||||
|
(in thousands USD, unaudited) |
|
|
|
|
|
(in thousands USD, unaudited) |
|
|
|
|
||||||||||||
Cash flows generated by operating activities |
3,460 |
|
|
4,738 |
|
|
(1,278 |
) |
|
(27 |
)% |
|
6,944 |
|
|
11,478 |
|
|
(4,534 |
) |
|
(40 |
)% |
Capital Expenditures (1) |
(546 |
) |
|
(1,616 |
) |
|
1,070 |
|
|
66 |
% |
|
(2,758 |
) |
|
(1,959 |
) |
|
(799 |
) |
|
(41 |
)% |
Free Cash Flow |
2,914 |
|
|
3,122 |
|
|
(208 |
) |
|
(7 |
)% |
|
4,186 |
|
|
9,519 |
|
|
(5,333 |
) |
|
(56 |
)% |
(1) |
Capital expenditures are defined as the acquisition of property and equipment and the acquisition of intangible assets. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20220829005667/en/
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FAQ
What were Gambling.com Group's revenue figures for Q2 2022?
How did North American revenue perform for Gambling.com Group in Q2 2022?
What is the full-year revenue guidance for Gambling.com Group for 2022?
What was the net income for Gambling.com Group in Q2 2022?
What is the Adjusted EBITDA for Gambling.com Group in Q2 2022?
