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What Makes Gambling.com (GAMB) a New Buy Stock
ZACKS· 2025-04-22 17:00
Core Viewpoint - Gambling.com Group Limited (GAMB) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are crucial for near-term stock price movements [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - The upgrade for Gambling.com reflects an improvement in its underlying business, suggesting that investor sentiment may drive the stock price higher [5]. - Over the past three months, the Zacks Consensus Estimate for Gambling.com has increased by 14%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Gambling.com’s upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Why Gambling.com (GAMB) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-15 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Gambling.com Group Limited (GAMB) , which belongs to the Zacks Advertising and Marketing industry.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 39.44%.For the last reported quarter, Gambling.com came out with earning ...
Gambling.Com Q4 Update: An Improving Margin Story
Seeking Alpha· 2025-03-27 15:55
Core Insights - Gambling.com (NASDAQ: GAMB) has experienced a stock price increase of 37% since September, outperforming the S&P 500, which rose by 5% [1] - The stock's performance has been volatile, indicating a turbulent investment environment [1] Company Analysis - The company is characterized by a compelling growth narrative that is often overlooked by the broader market [1] - The investment strategy focuses on long-term growth while avoiding crowded short-term trades, employing a GARP (Growth at a Reasonable Price) approach [1] - Key metrics used for analysis include PEG ratio, EV/Sales, and CAPE ratio [1] Market Position - The company operates within the Technology sector but remains vigilant across all market sectors for distinctive opportunities [1] - There is an active search for short opportunities to mitigate beta exposure, focusing on setups with peak-on-peak dynamics and near-term catalysts [1] Analyst Background - The analyst has a substantial background in Investment Management, having interned at three hedge funds [1] - Currently pursuing a master's degree in Management Science and Engineering with a focus on Financial Analytics at Stanford University, starting September 2024 [1]
Gambling.com (GAMB) - 2024 Q4 - Earnings Call Transcript
2025-03-20 15:59
Gambling.com Group Limited (NASDAQ:GAMB) Q4 2024 Results Conference Call March 20, 2025 8:00 AM ET Company Participants Peter McGough - SVP, IR & Capital Markets Charles Gillespie - Co-Founder & CEO Elias Mark - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Jeff Stantial - Stifel Clark Lampen - BTIG Chad Beynon - Macquarie Michael Hickey - the Benchmark Company David Katz - Jefferies Operator Greetings. Welcome to Gambling. com Group Fourth 2024 Earnings Conference Call. At this ...
Gambling.com Group Limited (GAMB) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-20 13:15
Gambling.com Group Limited (GAMB) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.25, delivering a surprise of 38.89%.Over the last four quarters, the ...
Gambling.com (GAMB) - 2024 Q4 - Annual Report
2025-03-20 12:06
Revenue Growth - Total revenues for the year ended December 31, 2024, increased by 17% to $127,182,000 compared to $108,652,000 in 2023[292]. - North America revenue decreased by 9% to $55,500,000, while UK and Ireland revenue increased by 25% to $39,179,000[292]. - Performance marketing revenue grew by 15% to $101,078,000, accounting for 79% of total revenue[295]. - Casino revenue increased by 38% to $92,224,000, representing 73% of total revenue, while Sports revenue decreased by 18% to $33,282,000[298]. - The acquisition of Freebets.com Assets on April 1, 2024, contributed to growth in both casino and sports revenue[293]. - The company experienced strong organic growth in UK, Other Europe, and Rest of the World regions, offset by a decline in North American sports revenue[293]. - Revenue for the year ended December 31, 2024, reached $127.182 million, a 17% increase compared to $108.652 million in 2023[339]. Operating Expenses - Operating expenses increased due to higher people costs and amortization expenses related to the acquisition of Freebets.com Assets[303]. - Technology expenses rose by 36% to $13,949,000, driven by increased people costs and higher software and subscription expenses[311]. - Total general and administrative expenses for the year ended December 31, 2024, increased by 14% to $27,645 million compared to $24,291 million in 2023[314]. - People costs rose by 21% to $13,108 million in 2024, driven by new hires and salary increases[315]. - Acquisition-related costs surged by 162% to $2,151 million in 2024, linked to the acquisition of Freebets.com Assets and Odds Holdings, Inc.[315]. Profitability - Net income attributable to shareholders for the year ended December 31, 2024, was $30,679 million, reflecting a 68% increase from $18,260 million in 2023[326]. - Adjusted EBITDA for 2024 reached $48,691 million, a 33% increase compared to $36,715 million in 2023[326]. - Adjusted net income for the year attributable to shareholders was $42,120 million, a 31% increase from $32,207 million in 2023[326]. - Adjusted EBITDA margin improved from 34% in 2023 to 38% in 2024, driven by revenue growth and decreased cost of sales[340]. - Basic net income per share attributable to shareholders increased by 73% to $0.85 for the year ended December 31, 2024, compared to $0.49 in 2023[331]. Cash Flow - Cash flows generated by operating activities increased by 110% to $37,638 million in 2024, up from $17,910 million in 2023[326]. - Free Cash Flow for 2024 was $41,582 million, representing an 81% increase from $23,000 million in 2023[326]. - Cash flows used in investing activities for 2024 were $43.8 million, compared to $19.5 million in 2023[368]. - Cash flows used in financing activities increased to $5.2 million in 2024 from $3.1 million in 2023[368]. - Cash flows used in investing activities amounted to $43.8 million in 2024, primarily due to the acquisition of Freebets.com Assets ($20.0 million initial payment and $9.5 million deferred payment) and final payments related to previous acquisitions totaling $10.1 million[371][372]. Financial Position - As of December 31, 2024, the company had $13.7 million in cash deposited in banks, down from $25.4 million in 2023[352]. - The company had a positive working capital of $5.2 million as of December 31, 2024, compared to $14.6 million in 2023[367]. - The Term Loan outstanding as of December 31, 2024, amounted to $22.9 million[366]. - The Wells Fargo Credit Facility was increased from $100 million to $165 million, with a maturity date extended to February 28, 2028[357]. - The company expects adequate liquidity to fund operations for at least twelve months from the issuance date of the consolidated financial statements[353]. Investments and Assets - The company continues to invest significant resources in developing its technology platform, which is essential for competing in the online gambling affiliate market[378]. - The company owned 17 trademarks and over 1,800 domain names as of December 31, 2024, which are critical to its success[381]. - Investments in property and equipment were $1.3 million in 2024, with $1.9 million allocated to internally developed intangibles[372]. - The company relies on a combination of trademark, copyright, and other intellectual property laws to protect its intellectual property and proprietary rights[380].
Gambling.com (GAMB) - 2024 Q4 - Annual Report
2025-03-20 11:06
Exhibit 99.1 PRESS RELEASE March 20, 2025 at 7:00 a.m. ET Gambling.com Group Reports Fourth Quarter and Full-Year 2024 Results 2025 Guidance Mid-points Imply 35% and 40% Year-Over-Year Revenue and Adjusted EBITDA Growth CHARLOTTE – March 20, 2025 – Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Company"), a fast-growing provider of digital marketing services for the global online gambling industry, today reported financial results for the fourth quarter and full-year ended December ...
Why Gambling.com (GAMB) Could Beat Earnings Estimates Again
ZACKS· 2025-02-21 18:10
Core Insights - Gambling.com Group Limited (GAMB) is well-positioned to continue its earnings-beat streak, particularly in the upcoming report, with a history of exceeding earnings estimates [1][3] - The company has achieved an average surprise of 46.37% over the past two quarters, indicating strong performance [1][3] Earnings Performance - For the most recent quarter, Gambling.com reported earnings of $0.25 per share, surpassing the expected $0.18 per share, resulting in a surprise of 38.89% [2] - In the previous quarter, the company reported $0.20 per share against an expectation of $0.13 per share, leading to a surprise of 53.85% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Gambling.com, with a positive Earnings ESP of +9.46%, suggesting analysts are optimistic about the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [6] Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5]
Recent Price Trend in Gambling.com (GAMB) is Your Friend, Here's Why
ZACKS· 2025-02-11 14:50
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Gambling.com Group Limited (GAMB) has shown a solid price increase of 33.7% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has also increased by 18.9% over the last four weeks, suggesting that the upward trend is still intact [5]. - GAMB is currently trading at 91.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - GAMB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GAMB that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are other stocks passing through the same screen, providing additional investment opportunities [8].
Gambling.com And Rush Street Interactive: Both Look Good, But Here's Why Gambling.com Is Better
Seeking Alpha· 2025-02-02 09:56
Online gambling is one of the fastest-growing industries in North America, this growth is a result of more states legalizing the space, seeing it as a potential tax revenue source. Most companies in this industryI'm a self taught equity analyst, My educational background is in Nuclear science and engineering, and I work as a quantity surveyor for a consultation firm in South Africa where we help clients with estimating the value of construction projects, over the past 5 years I've been retail investing and ...