Exhibit 99.1 PRESS RELEASE March 21, 2024 at 7:00 a.m. ET Gambling.com Group Q4 Revenue Rises 52% to a Quarterly Record $32.5 Million Generates Q4 Net Income of $6.4 Million and a 54% Increase in Adjusted EBITDA to $10.6 Million 2023 Full Year Revenue Increased 42% to $108.7 Million; Net Income Rose to $18.3 Million and Adjusted EBITDA Grew 53% to $36.7 Million Enters into Definitive Agreement to Acquire Freebets.com and Related Assets in a Highly Accretive Transaction Introduces 2024 Guidance for Revenue o ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, today announced the closing of a new credit facility (the “Credit Facility”) with Wells Fargo Bank, National Association (“Wells Fargo”) in the principal amount of $50 million, comprised of a $25 million revolving credit facility and a $25 million term loan facility. The new Credit Facility m ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, today announced it will release its 2023 fourth quarter and full year results before the market opens on Thursday, March 21, 2024, and host a conference call and simultaneous webcast at 8:00 a.m. ET that day. During the call, Gambling.com Group Chief Executive Officer and Co-founder, Charles G ...

[FINANCIAL INFORMATION](index=3&type=section&id=FINANCIAL%20INFORMATION) This section presents the Group's financial statements, including income, position, equity, cash flows, and detailed explanatory notes [Financial Statements](index=4&type=section&id=Financial%20Statements) This section presents the unaudited interim condensed consolidated financial statements, including income, position, equity, and cash flows [Interim Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)](index=4&type=section&id=Interim%20Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)%20(Unaudited)) This statement details the Group's revenues, expenses, and net income (loss) for the specified interim periods | Metric | Three Months Ended Sep 30, 2023 (USD in thousands) | Three Months Ended Sep 30, 2022 (USD in thousands) | Nine Months Ended Sep 30, 2023 (USD in thousands) | Nine Months Ended Sep 30, 2022 (USD in thousands) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 23,458 | 19,649 | 76,122 | 55,158 | | Gross profit | 21,322 | 19,044 | 72,099 | 52,828 | | Operating profit | 4,715 | 156 | 13,608 | 2,182 | | Net income for the period attributable to the shareholders | 5,013 | 2,261 | 11,886 | 6,799 | | Net income per share, basic | 0.13 | 0.06 | 0.32 | 0.19 | | Net income per share, diluted | 0.13 | 0.06 | 0.31 | 0.18 | [Interim Condensed Consolidated Statements of Financial Position (Unaudited)](index=5&type=section&id=Interim%20Condensed%20Consolidated%20Statements%20of%20Financial%20Position%20(Unaudited)) This statement provides a snapshot of the Group's assets, liabilities, and equity at specific reporting dates | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Total non-current assets | 96,998 | 96,914 | | Total current assets | 44,484 | 41,961 | | Total assets | 141,482 | 138,875 | | Total equity | 108,780 | 87,109 | | Total non-current liabilities | 3,421 | 20,058 | | Total current liabilities | 29,281 | 31,708 | | Total liabilities | 32,702 | 51,766 | | Total equity and liabilities | 141,482 | 138,875 | [Interim Condensed Consolidated Statements of Changes in Equity (Unaudited)](index=6&type=section&id=Interim%20Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Equity%20(Unaudited)) This statement outlines the changes in the Group's equity components over the interim reporting periods | Metric | Balance at January 1, 2023 (USD in thousands) | Balance at September 30, 2023 (USD in thousands) | | :--- | :--- | :--- | | Capital reserve | 63,723 | 74,166 | | Treasury shares | (348) | (1,107) | | Share options and warrants reserve | 4,411 | 6,597 | | Foreign exchange translation reserve | (7,075) | (9,160) | | Retained earnings | 26,398 | 38,284 | | Total equity | 87,109 | 108,780 | - Total equity increased from **$87,109 thousand** at January 1, 2023, to **$108,780 thousand** at September 30, 2023, driven by net income and share-related activities[15](index=15&type=chunk) [Interim Condensed Consolidated Statements of Cash Flows (Unaudited)](index=7&type=section&id=Interim%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows%20(Unaudited)) This statement details the Group's cash inflows and outflows from operating, investing, and financing activities | Metric | Nine Months Ended Sep 30, 2023 (USD in thousands) | Nine Months Ended Sep 30, 2022 (USD in thousands) | | :--- | :--- | :--- | | Cash flows generated by operating activities | 10,950 | 12,567 | | Cash flows used in investing activities | (12,483) | (26,895) | | Cash flows used in financing activities | (1,194) | (741) | | Net movement in cash and cash equivalents | (2,727) | (15,069) | | Cash and cash equivalents at the end of the period | 26,884 | 35,092 | - Cash flows generated by operating activities decreased by **13% YoY** for the nine months ended September 30, 2023, while cash flows used in investing activities significantly decreased by **53.6% YoY**[18](index=18&type=chunk) [Notes to the Interim Condensed Consolidated Financial Statements (Unaudited)](index=8&type=section&id=Notes%20to%20the%20Interim%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) This section provides detailed explanations of accounting policies, risk management, acquisitions, and other financial disclosures [1. GENERAL COMPANY INFORMATION](index=8&type=section&id=1.%20GENERAL%20COMPANY%20INFORMATION) This note provides an overview of Gambling.com Group Limited, its incorporation, and core business operations - Gambling.com Group Limited is a public limited liability company incorporated in Jersey, founded in 2006, and redomiciled from Malta in May 2021[19](index=19&type=chunk) - The Group operates as a multi-award-winning performance marketing company, providing digital marketing services exclusively in the online gambling industry, focusing on iGaming, sports betting, and fantasy sports[20](index=20&type=chunk) - The company publishes a portfolio of premier branded websites including Gambling.com, Bookies.com, Casinos.com, and RotoWire.com, along with over 50 local websites, attracting online gamblers and referring them to licensed operators[20](index=20&type=chunk) [2. BASIS OF PREPARATION AND PRESENTATION](index=8&type=section&id=2.%20BASIS%20OF%20PREPARATION%20AND%20PRESENTATION) This note outlines the accounting standards and principles used in preparing the interim financial statements - The interim condensed consolidated financial statements are prepared in accordance with IAS 34, Interim Financial Reporting, and should be read in conjunction with the fiscal year 2022 audited consolidated financial statements[21](index=21&type=chunk) [3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES](index=8&type=section&id=3.%20SUMMARY%20OF%20SIGNIFICANT%20ACCOUNTING%20POLICIES) This note details the key accounting policies applied, including those for new standards and significant transactions - The interim financial statements are prepared on a historical cost basis, consistent with the 2022 audited consolidated financial statements, and include all necessary adjustments for fair presentation[22](index=22&type=chunk)[23](index=23&type=chunk) - The Group adopted new and amended standards in 2023, but they had limited or no impact on the financial statements[25](index=25&type=chunk) - In January 2023, the Group made a **$2.5 million cash payment** for RotoWire deferred consideration, with **$2.39 million** reported in investing activities and **$0.11 million** (interest element) in financing activities[26](index=26&type=chunk) - In April 2023, the Group settled BonusFinder contingent consideration totaling **$20.09 million**, paid with **$10.178 million in cash** and **$9.912 million in ordinary shares**[27](index=27&type=chunk) [4. RISK MANAGEMENT](index=10&type=section&id=4.%20RISK%20MANAGEMENT) This note describes the Group's exposure to and management of financial risks, including market, credit, and liquidity risks - The Group is exposed to market risk (foreign exchange and interest rate), credit risk, and liquidity risk, managed through a financial policy approved by the board of directors[33](index=33&type=chunk) - Foreign exchange risk primarily arises from EUR, USD, and GBP denominated financial assets and liabilities, with no derivative financial instruments used for hedging[34](index=34&type=chunk) Credit Exposure (USD in thousands) | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Trade and other receivables (excluding prepayments and deferred compensation cost) | 15,859 | 11,029 | | Cash and cash equivalents | 26,884 | 29,664 | | Total Credit Exposure | 42,743 | 40,693 | - Revenues from the largest single customer increased to **16%** (Q3 2023) and **15%** (9M 2023) of total sales, up from **11%** (Q3 2022) and **9%** (9M 2022), indicating increased customer concentration[36](index=36&type=chunk) Aging of Trade Receivables Past Due but Not Impaired (USD in thousands) | Aging of Trade Receivables Past Due but Not Impaired | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Between one and two months | 1,254 | 471 | | Between two and three months | 851 | 109 | | More than three months | 426 | 205 | | Total | 2,531 | 785 | - The credit loss allowance increased from **$877 thousand** at the beginning of 2023 to **$2,136 thousand** at September 30, 2023, reflecting overall business growth and an increase in aged trade receivables[39](index=39&type=chunk) Financial Liabilities Maturity Profile (USD in thousands) | Financial Liabilities Maturity Profile (USD in thousands) | Less than 1 year | Between 1 and 2 years | More than 2 years | TOTAL | | :--- | :--- | :--- | :--- | :--- | | **As of September 30, 2023:** | | | | | | Deferred consideration | 18,642 | — | — | 18,642 | | Lease liability | 571 | 513 | 1,074 | 2,158 | | Trade and other payables | 4,966 | — | — | 4,966 | | **Total** | **24,179** | **513** | **1,074** | **25,766** | | **As of December 31, 2022:** | | | | | | Deferred consideration | 2,800 | 5,000 | — | 7,800 | | Contingent consideration | 19,860 | 12,471 | — | 32,331 | | Lease liability | 554 | 510 | 1,445 | 2,509 | | Trade and other payables | 3,328 | 290 | — | 3,618 | | **Total** | **26,542** | **18,271** | **1,445** | **46,258** | [5. ACQUISITIONS](index=12&type=section&id=5.%20ACQUISITIONS) This note provides details on the Group's business acquisitions, including RotoWire.com and BonusFinder.com - On January 1, 2022, the Company acquired RotoWire.com for **$14.7 million in cash**, **451,264 ordinary shares**, and **$7.8 million in deferred consideration**, aiming to accelerate U.S. expansion[46](index=46&type=chunk)[47](index=47&type=chunk) - The RotoWire acquisition resulted in **$10.776 million in goodwill**, primarily due to SEO synergy for performance marketing[48](index=48&type=chunk) - During the nine months ended September 30, 2023, the Company settled the first deferred payment of **$2.5 million** for RotoWire in cash[50](index=50&type=chunk) - On January 31, 2022, the Group acquired BonusFinder.com for **EUR10 million in cash**, **269,294 ordinary shares**, **EUR3.832 million additional cash payable**, and earnout payments up to **EUR47.5 million**, to support North American growth[51](index=51&type=chunk)[52](index=52&type=chunk)[55](index=55&type=chunk) - No goodwill was recognized in the BonusFinder acquisition, as the fair values of acquired assets and liabilities equaled the acquisition consideration[54](index=54&type=chunk) - In April 2023, the Group settled **$20.09 million** in BonusFinder contingent consideration, with **$10.178 million in cash** and **$9.912 million in ordinary shares**[57](index=57&type=chunk) - On June 30, 2023, the BonusFinder earn-out period was terminated early, replaced by a fixed consideration of **EUR18 million** payable in two installments (EUR5 million in July 2023, EUR13 million in April 2024)[58](index=58&type=chunk) [6. PROPERTY AND EQUIPMENT](index=16&type=section&id=6.%20PROPERTY%20AND%20EQUIPMENT) This note details the Group's property and equipment, including additions, depreciation, and net book amounts | Metric | September 30, 2023 (USD in thousands) | September 30, 2022 (USD in thousands) | | :--- | :--- | :--- | | Net book amount | 823 | 647 | | Additions | 294 | 350 | | Depreciation charge | (183) | (147) | - Cash paid for property and equipment acquisitions decreased from **$350 thousand** in 9M 2022 to **$294 thousand** in 9M 2023[64](index=64&type=chunk) [7. LEASES](index=17&type=section&id=7.%20LEASES) This note outlines the Group's right-of-use assets and lease liabilities, including related expenses | Metric | As of September 30, 2023 (USD in thousands) | As of January 1, 2023 (USD in thousands) | | :--- | :--- | :--- | | Right-of-Use Assets | 1,557 | 1,818 | | Lease Liabilities | 1,821 | 2,072 | - Amortization of right-of-use assets was **$339 thousand** for 9M 2023, and interest expense on lease liabilities was **$127 thousand**[67](index=67&type=chunk) - Short-term lease expenses were **$373 thousand** for 9M 2023, a decrease from **$514 thousand** for 9M 2022[68](index=68&type=chunk) [8. INTANGIBLE ASSETS](index=18&type=section&id=8.%20INTANGIBLE%20ASSETS) This note details the Group's intangible assets, including additions, amortization, and net book values | Metric | September 30, 2023 (USD in thousands) | January 1, 2023 (USD in thousands) | | :--- | :--- | :--- | | Net book amount | 88,505 | 88,521 | | Additions | 1,868 | N/A | | Amortization charge | (998) | N/A | - Cash paid for intangible assets and capitalized software developments decreased from **$3,134 thousand** in 9M 2022 to **$1,868 thousand** in 9M 2023[71](index=71&type=chunk) Intangible Assets (excluding goodwill) (USD in thousands) | Intangible Assets (excluding goodwill) | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Net book value of assets with finite useful lives | 8,587 | 8,167 | | Net book value of assets with indefinite useful lives (Domain names and related websites) | 69,118 | 69,554 | | Total net book value of intangible assets | 77,705 | 77,721 | [9. TRADE AND OTHER RECEIVABLES](index=19&type=section&id=9.%20TRADE%20AND%20OTHER%20RECEIVABLES) This note provides a breakdown of the Group's trade and other receivables, including accrued revenue and prepayments | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Trade receivables, net | 14,729 | 9,838 | | Accrued revenue | 417 | 575 | | Prepayments | 1,665 | 954 | | Total Current Receivables | 17,600 | 12,222 | - Trade receivables, net, increased by **49.7%** from **$9,838 thousand** at December 31, 2022, to **$14,729 thousand** at September 30, 2023[73](index=73&type=chunk) [10. CASH AND CASH EQUIVALENTS](index=19&type=section&id=10.%20CASH%20AND%20CASH%20EQUIVALENTS) This note details the Group's cash and cash equivalents, including changes over the reporting period | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Cash at bank | 26,884 | 29,664 | - Cash and cash equivalents decreased by **9.4%** from **$29,664 thousand** at December 31, 2022, to **$26,884 thousand** at September 30, 2023[74](index=74&type=chunk) [11. SHARE CAPITAL](index=20&type=section&id=11.%20SHARE%20CAPITAL) This note outlines the Group's share capital, including issued shares, repurchases, and secondary offerings | Metric | As of September 30, 2023 | As of January 1, 2023 | | :--- | :--- | :--- | | Issued and fully paid ordinary shares | 37,544,667 | 36,470,341 | - During 9M 2023, the Company issued **1,005,929 shares** as a **$9.912 million payment** for contingent consideration related to acquisitions[76](index=76&type=chunk) - The Company repurchased **77,683 shares** for **$759 thousand** during 9M 2023 under a **$10 million share repurchase program** approved in November 2022[81](index=81&type=chunk) - In June 2023, a secondary offering of **4,887,500 ordinary shares** by selling shareholders occurred, from which the Company received no proceeds but incurred **$733 thousand in expenses**[83](index=83&type=chunk) [12. CAPITAL RESERVE](index=21&type=section&id=12.%20CAPITAL%20RESERVE) This note details the changes in the Group's capital reserve, primarily from share issuance for acquisitions | Metric | Nine Months Ended Sep 30, 2023 (USD in thousands) | Nine Months Ended Sep 30, 2022 (USD in thousands) | | :--- | :--- | :--- | | Opening carrying amount | 63,723 | 55,953 | | Issue of ordinary shares | 9,912 | 7,392 | | Closing carrying amount | 74,166 | 63,711 | - Capital reserve increased by **$10.443 million** during 9M 2023, primarily due to the issue of ordinary shares for acquisitions[15](index=15&type=chunk)[84](index=84&type=chunk) [13. SHARE OPTION AND WARRANTS RESERVE](index=21&type=section&id=13.%20SHARE%20OPTION%20AND%20WARRANTS%20RESERVE) This note outlines the Group's share option and warrants reserve, including outstanding options and expenses | Metric | As of September 30, 2023 | As of January 1, 2023 | | :--- | :--- | :--- | | Total warrants and options outstanding | 5,852,864 | 5,562,984 | | Share options expense (USD in thousands) | 2,097 | N/A | | Share options granted | 359,666 | N/A | - The share option and warrants reserve increased from **$4,411 thousand** at January 1, 2023, to **$6,597 thousand** at September 30, 2023[86](index=86&type=chunk) [14. SHARE-BASED PAYMENTS](index=21&type=section&id=14.%20SHARE-BASED%20PAYMENTS) This note details the Group's share-based payment plans, including incentive plans and related expenses - The 2020 Stock Incentive Plan allows for awards of up to **2,905,535 shares**, increasing by **2%** of outstanding ordinary shares annually[89](index=89&type=chunk) - Founders' Awards granted in July 2021 for **4,056,770 shares** are subject to performance vesting based on market capitalization thresholds, none of which were met as of September 30, 2023[90](index=90&type=chunk) Share-based Payment Expense (USD in thousands) | Share-based Payment Expense (USD in thousands) | Three Months Ended Sep 30, 2023 | Three Months Ended Sep 30, 2022 | Nine Months Ended Sep 30, 2023 | Nine Months Ended Sep 30, 2022 | | :--- | :--- | :--- | :--- | :--- | | Equity classified share options expense | 696 | 750 | 2,307 | 2,338 | | Restricted shares expense | — | 41 | 483 | 62 | | Total share-based payment expense | 696 | 791 | 2,790 | 2,400 | - Total share-based payment expense increased by **16.25%** from **$2,400 thousand** in 9M 2022 to **$2,790 thousand** in 9M 2023[97](index=97&type=chunk) [15. TRADE AND OTHER PAYABLES](index=23&type=section&id=15.%20TRADE%20AND%20OTHER%20PAYABLES) This note provides a breakdown of the Group's current trade and other payables, including accruals | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Current Trade payables | 1,414 | 1,235 | | Current Accruals | 4,370 | 4,292 | | Total Current Liabilities | 6,655 | 6,342 | - Current trade and other payables increased by **4.9%** from **$6,342 thousand** at December 31, 2022, to **$6,655 thousand** at September 30, 2023[99](index=99&type=chunk) [16. DEFERRED TAX](index=23&type=section&id=16.%20DEFERRED%20TAX) This note details the Group's deferred tax assets and liabilities, including changes and recognized amounts | Metric | September 30, 2023 (USD in thousands) | December 31, 2022 (USD in thousands) | | :--- | :--- | :--- | | Deferred tax asset | 6,113 | 5,832 | | Deferred tax liability | (2,171) | (2,179) | | Deferred tax asset, net | 3,942 | 3,653 | - Net deferred tax assets increased by **7.9%** from **$3,653 thousand** at December 31, 2022, to **$3,942 thousand** at September 30, 2023[102](index=102&type=chunk) - The Group recognized a deferred tax asset of **$5,386 thousand** related to unutilized capital allowances of **$60,515 thousand** on intangible assets as of September 30, 2023[105](index=105&type=chunk) [17. REVENUE](index=25&type=section&id=17.%20REVENUE) This note provides a detailed breakdown of the Group's revenue by customer, market, monetization, and product type - Top ten customers accounted for **46%** (Q3 2023) and **47%** (9M 2023) of revenue, with the largest customer contributing **16%** (Q3 2023) and **15%** (9M 2023)[109](index=109&type=chunk) Revenue by Market (USD in thousands) | Revenue by Market (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | U.K. and Ireland | 6,858 | 7,097 | 23,749 | 20,090 | | Other Europe | 2,320 | 2,785 | 7,902 | 6,818 | | North America | 12,903 | 9,060 | 40,407 | 25,920 | | Rest of the world | 1,377 | 707 | 4,064 | 2,330 | | Total revenues | 23,458 | 19,649 | 76,122 | 55,158 | Revenue by Monetization Type (USD in thousands) | Revenue by Monetization Type (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Performance marketing | 18,232 | 15,401 | 60,769 | 44,094 | | Subscription and content syndication | 2,189 | 1,999 | 5,880 | 4,820 | | Advertising and other | 3,037 | 2,249 | 9,473 | 6,244 | | Total revenues | 23,458 | 19,649 | 76,122 | 55,158 | Revenue by Product Type (USD in thousands) | Revenue by Product Type (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Casino | 15,190 | 13,363 | 49,803 | 35,815 | | Sports | 7,930 | 6,142 | 25,518 | 18,966 | | Other | 338 | 144 | 801 | 377 | | Total revenues | 23,458 | 19,649 | 76,122 | 55,158 | - North America revenue grew **42%** in Q3 2023 and **56%** in 9M 2023 YoY, while U.K. and Ireland revenue remained consistent in Q3 2023 but grew **18%** in 9M 2023 YoY[159](index=159&type=chunk) [18. OPERATING EXPENSES](index=26&type=section&id=18.%20OPERATING%20EXPENSES) This note details the Group's operating expenses, including sales and marketing, technology, and general and administrative costs Sales and Marketing Expenses (USD in thousands) | Sales and Marketing Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 5,274 | 4,361 | 15,893 | 12,014 | | External marketing expenses | 1,766 | 1,473 | 4,692 | 4,125 | | Amortization of intangible assets | 88 | 1,523 | 370 | 4,834 | | Total sales and marketing expenses | 8,636 | 8,523 | 25,644 | 24,339 | Technology Expenses (USD in thousands) | Technology Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 1,876 | 1,178 | 5,341 | 3,275 | | Amortization of intangible assets | 233 | 114 | 628 | 291 | | Total technology expenses | 2,525 | 1,694 | 7,229 | 4,556 | General and Administrative Expenses (USD in thousands) | General and Administrative Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 2,326 | 1,941 | 7,652 | 6,007 | | Share based expenses | 596 | 688 | 2,491 | 2,043 | | Legal and consultancy fees | 878 | 1,039 | 3,214 | 3,160 | | Secondary offering related costs | — | — | 733 | — | | Total general and administrative expenses | 4,831 | 4,686 | 17,297 | 14,318 | - Fair value movement on contingent consideration was **$0** in Q3 2023, down from **$(3,686) thousand** in Q3 2022, due to the early termination of the BonusFinder earn-out period[9](index=9&type=chunk)[118](index=118&type=chunk) [19. FINANCE INCOME AND FINANCE EXPENSES](index=28&type=section&id=19.%20FINANCE%20INCOME%20AND%20FINANCE%20EXPENSES) This note outlines the Group's finance income and expenses, including net finance income and unwinding of deferred consideration | Metric (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Total finance income | 968 | 3,093 | 1,674 | 7,412 | | Total finance expenses | 373 | 648 | 1,356 | 1,955 | | Net finance income | 595 | 2,445 | 318 | 5,457 | - Net finance income decreased significantly from **$5,457 thousand** in 9M 2022 to **$318 thousand** in 9M 2023, primarily due to lower foreign exchange gains[120](index=120&type=chunk) - The unwinding of deferred consideration, related to RotoWire and BonusFinder acquisitions, amounted to **$425 thousand** for 9M 2023, and is expected to continue until April 2024[120](index=120&type=chunk)[187](index=187&type=chunk) [20. BASIC AND DILUTED INCOME PER SHARE](index=28&type=section&id=20.%20BASIC%20AND%20DILUTED%20INCOME%20PER%20SHARE) This note presents the Group's basic and diluted net income per share and weighted-average share counts | Metric | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Net income per share, basic | 0.13 | 0.06 | 0.32 | 0.19 | | Net income per share, diluted | 0.13 | 0.06 | 0.31 | 0.18 | - Diluted EPS increased by **117%** in Q3 2023 and **72%** in 9M 2023 YoY[122](index=122&type=chunk) Weighted-Average Number of Ordinary Shares | Weighted-Average Number of Ordinary Shares | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Basic | 37,402,935 | 36,467,299 | 36,988,690 | 35,613,073 | | Diluted | 38,711,429 | 37,289,010 | 38,176,200 | 37,324,222 | [21. INCOME TAX CHARGE](index=29&type=section&id=21.%20INCOME%20TAX%20CHARGE) This note details the Group's income tax charge, including current and deferred tax components and effective rates | Metric (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Current tax expense | 420 | 383 | 2,413 | 900 | | Deferred tax benefit | (123) | (43) | (373) | (60) | | Total income tax charge | 297 | 340 | 2,040 | 840 | - The income tax charge increased by **143%** from **$840 thousand** in 9M 2022 to **$2,040 thousand** in 9M 2023[127](index=127&type=chunk) - The effective tax rate was **6%** for Q3 2023 (vs. **13%** in Q3 2022) and **15%** for 9M 2023 (vs. **11%** in 9M 2022)[127](index=127&type=chunk) [22. RELATED PARTY TRANSACTIONS](index=30&type=section&id=22.%20RELATED%20PARTY%20TRANSACTIONS) This note outlines transactions with related parties, including key management emoluments and shareholdings Key Management Emoluments (USD in thousands) | Key Management Emoluments (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Remuneration to key management and executive directors | 816 | 1,040 | 3,312 | 3,443 | | Non-executive directors' fees | 149 | 235 | 1,065 | 497 | | Total | 965 | 1,275 | 4,377 | 3,940 | - Total emoluments paid to directors (executive and non-executive) increased from **$1,747 thousand** in 9M 2022 to **$2,348 thousand** in 9M 2023[129](index=129&type=chunk) - As of September 30, 2023, related parties held **4,707,626 share options** and **66,136 restricted shares**[131](index=131&type=chunk) [23. EVENTS AFTER THE REPORTING PERIOD](index=31&type=section&id=23.%20EVENTS%20AFTER%20THE%20REPORTING%20PERIOD) This note discloses significant events that occurred after the reporting period, such as asset acquisitions - In October 2023, the Company acquired a domain name and related assets for **EUR 6,000 ($6,401 thousand)** in cash[133](index=133&type=chunk) [Operating and Financial Review and Prospects](index=32&type=section&id=Operating%20and%20Financial%20Review%20and%20Prospects) This section analyzes the Group's financial condition and results, covering revenue, expenses, non-IFRS measures, and key performance drivers [SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS](index=32&type=section&id=SPECIAL%20NOTE%20REGARDING%20FORWARD-LOOKING%20STATEMENTS) This note cautions readers about forward-looking statements, highlighting inherent risks and uncertainties - The report contains forward-looking statements subject to risks and uncertainties, including global expansion, competition, financial performance, regulatory compliance, and acquisition integration[134](index=134&type=chunk)[137](index=137&type=chunk) - Readers are cautioned not to rely on forward-looking statements as predictions of future events, and the Company undertakes no obligation to update them[136](index=136&type=chunk) [Overview](index=32&type=section&id=Overview) This section provides a general overview of Gambling.com Group's business model and revenue generation strategies - Gambling.com Group is a performance marketing company providing B2B digital marketing services in the online gambling industry, primarily iGaming, sports betting, and fantasy sports[137](index=137&type=chunk)[138](index=138&type=chunk) - Revenue is primarily generated through performance marketing (revenue share, CPA, or hybrid models) by referring online gamblers to licensed operators, with additional revenue from data subscriptions and content syndication[139](index=139&type=chunk)[140](index=140&type=chunk) - The company relies on Search Engine Optimization (SEO) strategies and proprietary technology to attract online gamblers and optimize revenue by selecting the best commercial models[142](index=142&type=chunk)[143](index=143&type=chunk) [Results of Operations](index=33&type=section&id=Results%20of%20Operations) This section analyzes the Group's financial performance, detailing revenue, cost of sales, and operating expenses [Revenue](index=34&type=section&id=Revenue) This subsection analyzes the Group's revenue performance, including growth drivers and geographical trends | Metric | Q3 2023 (USD in thousands) | Q3 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | Revenue | 23,458 | 19,649 | 19 % | 11 % | | Gross profit | 21,322 | 19,044 | 12 % | 4 % | | Operating profit | 4,715 | 156 | 2922 % | 2707 % | | Net income | 5,013 | 2,261 | 122 % | 106 % | | Metric | 9M 2023 (USD in thousands) | 9M 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | Revenue | 76,122 | 55,158 | 38 % | 35 % | | Gross profit | 72,099 | 52,828 | 36 % | 34 % | | Operating profit | 13,608 | 2,182 | 524 % | 510 % | | Net income | 11,886 | 6,799 | 75 % | 71 % | - Total revenue increased by **19%** in Q3 2023 and **38%** in 9M 2023 YoY, driven by growth across most geographical markets, particularly casino and sport products[156](index=156&type=chunk) - North America revenue grew **42%** in Q3 2023 and **56%** in 9M 2023 YoY, becoming **55%** of total revenue in Q3 2023[157](index=157&type=chunk)[159](index=159&type=chunk) - Casino revenue grew **14%** in Q3 2023 and **39%** in 9M 2023 YoY, primarily from performance marketing in North America and the UK and Ireland[164](index=164&type=chunk) - Sports revenue grew **29%** in Q3 2023 and **35%** in 9M 2023 YoY, mainly from performance marketing and subscription/content syndication in North America[165](index=165&type=chunk) [Cost of Sales](index=37&type=section&id=Cost%20of%20Sales) This subsection details the Group's cost of sales and its impact on gross profit margins | Metric | Q3 2023 (USD in thousands) | Q3 2022 (USD in thousands) | 9M 2023 (USD in thousands) | 9M 2022 (USD in thousands) | | :--- | :--- | :--- | :--- | :--- | | Cost of sales | (2,136) | (605) | (4,023) | (2,330) | - Cost of sales increased by **253%** in Q3 2023 and **73%** in 9M 2023 YoY, primarily due to increased revenue and associated costs from media partnerships[147](index=147&type=chunk)[166](index=166&type=chunk) [Operating Expenses](index=37&type=section&id=Operating%20Expenses) This subsection analyzes the Group's operating expenses, including sales, marketing, technology, and G&A costs - Total operating expenses decreased by **12%** in Q3 2023 YoY, mainly due to lower amortization and the absence of fair value movement on contingent consideration[167](index=167&type=chunk) - Total operating expenses increased by **15%** in 9M 2023 YoY, driven by higher people costs across sales and marketing, technology, and general and administrative expenses, partially offset by decreased amortization[168](index=168&type=chunk) Sales and Marketing Expenses (USD in thousands) | Sales and Marketing Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 5,274 | 4,361 | 15,893 | 12,014 | | Amortization of intangible assets | 88 | 1,523 | 370 | 4,834 | | Total sales and marketing expenses | 8,636 | 8,523 | 25,644 | 24,339 | - Sales and marketing expenses were consistent in Q3 2023 (**+1%**) and increased by **5%** in 9M 2023 YoY, with people costs rising due to new hires and salary increases, while amortization of intangible assets decreased significantly[172](index=172&type=chunk)[173](index=173&type=chunk) Technology Expenses (USD in thousands) | Technology Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 1,876 | 1,178 | 5,341 | 3,275 | | Total technology expenses | 2,525 | 1,694 | 7,229 | 4,556 | - Technology expenses increased by **49%** in Q3 2023 and **59%** in 9M 2023 YoY, driven by higher people costs, software/subscriptions, and amortization of capitalized development expenses[179](index=179&type=chunk) General and Administrative Expenses (USD in thousands) | General and Administrative Expenses (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | People costs | 2,326 | 1,941 | 7,652 | 6,007 | | Secondary offering related costs | — | — | 733 | — | | Total general and administrative expenses | 4,831 | 4,686 | 17,297 | 14,318 | - General and administrative expenses decreased by **3%** in Q3 2023 but increased by **21%** in 9M 2023 YoY, primarily due to higher people costs and increased legal/consultancy fees, including **$0.7 million** for secondary offering costs[181](index=181&type=chunk)[182](index=182&type=chunk)[183](index=183&type=chunk) [Fair value movements on contingent consideration](index=40&type=section&id=Fair%20value%20movements%20on%20contingent%20consideration) This subsection discusses changes in the fair value of contingent consideration liabilities from acquisitions - Fair value movement on contingent consideration was **$0** in Q3 2023, down from **$(3,686) thousand** in Q3 2022, due to the early termination of the BonusFinder earn-out period on June 30, 2023[147](index=147&type=chunk)[185](index=185&type=chunk) - For 9M 2023, fair value movement on contingent consideration was **$(6,939) thousand**, compared to **$(6,535) thousand** in 9M 2022[147](index=147&type=chunk) [Finance Income and Finance Expense](index=40&type=section&id=Finance%20Income%20and%20Finance%20Expense) This subsection analyzes the Group's finance income and expenses, including foreign exchange impacts | Metric (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Total finance income | 968 | 3,093 | 1,674 | 7,412 | | Total finance expenses | 373 | 648 | 1,356 | 1,955 | | Net finance income | 595 | 2,445 | 318 | 5,457 | - Net finance income decreased significantly by **77%** in 9M 2023 YoY, primarily due to lower foreign exchange gains[147](index=147&type=chunk)[186](index=186&type=chunk) - Unwinding of deferred consideration, related to RotoWire and BonusFinder, amounted to **$425 thousand** for 9M 2023, up from **$248 thousand** in 9M 2022[186](index=186&type=chunk)[187](index=187&type=chunk) [Taxation](index=40&type=section&id=Taxation) This subsection details the Group's income tax charge, deferred tax assets, and unutilized tax losses | Metric (USD in thousands) | Q3 2023 | Q3 2022 | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | :--- | :--- | | Current tax expenses | 420 | 383 | 2,413 | 900 | | Deferred tax benefit | (123) | (43) | (373) | (60) | | Income tax charge | 297 | 340 | 2,040 | 840 | - The income tax charge increased by **143%** in 9M 2023 YoY, with a deferred tax asset of **$0.5 million** recognized from a notional interest allowance[147](index=147&type=chunk)[188](index=188&type=chunk) - As of September 30, 2023, the Group had unutilized tax losses of **$22.6 million**, notional interest allowance of **$15.6 million**, and capital allowances of **$60.5 million** related to intangible assets[189](index=189&type=chunk) [Non-IFRS Financial Measures](index=41&type=section&id=Non-IFRS%20Financial%20Measures) This section presents and reconciles non-IFRS financial measures, including adjusted net income and EBITDA [Adjusted Net Income and Adjusted Net Income Per Share](index=41&type=section&id=Adjusted%20Net%20Income%20and%20Adjusted%20Net%20Income%20Per%20Share) This subsection defines and presents adjusted net income and adjusted net income per share, excluding specific items - Adjusted net income excludes fair value gain/loss on contingent consideration, unwinding of deferred consideration, and certain employee bonuses related to acquisitions[192](index=192&type=chunk) Adjusted Net Income (USD in thousands) | Metric | Q3 2023 (USD in thousands) | Q3 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | Adjusted net income | 5,407 | 6,035 | (10)% | (17)% | | Adjusted net income per share, diluted | 0.14 | 0.16 | (13)% | (18)% | Adjusted Net Income (USD in thousands) | Metric | 9M 2023 (USD in thousands) | 9M 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | Adjusted net income | 19,493 | 13,582 | 44 % | 40 % | | Adjusted net income per share, diluted | 0.51 | 0.36 | 42 % | 38 % | - Adjusted net income for 9M 2023 increased by **44% YoY**, while Adjusted net income per diluted share increased by **42% YoY**[191](index=191&type=chunk) [EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin](index=43&type=section&id=EBITDA,%20Adjusted%20EBITDA%20and%20Adjusted%20EBITDA%20Margin) This subsection defines and presents EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin, with reconciliation - Adjusted EBITDA is defined as EBITDA excluding non-recurring items, significant non-cash items, share-based payment expense, foreign exchange gains/losses, fair value of contingent consideration, and acquisition-related expenses[198](index=198&type=chunk) EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin (USD in thousands) | Metric | Q3 2023 (USD in thousands) | Q3 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | EBITDA | 5,845 | 4,512 | 30 % | 20 % | | Adjusted EBITDA | 6,054 | 6,413 | (6)% | (12)% | | Adjusted EBITDA Margin | 26 % | 33 % | N/A | N/A | EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin (USD in thousands) | Metric | 9M 2023 (USD in thousands) | 9M 2022 (USD in thousands) | Change % | Constant Currency Change % | | :--- | :--- | :--- | :--- | :--- | | EBITDA | 15,573 | 13,693 | 14 % | 11 % | | Adjusted EBITDA | 26,146 | 17,214 | 52 % | 49 % | | Adjusted EBITDA Margin | 34 % | 31 % | N/A | N/A | - Adjusted EBITDA decreased by **6%** in Q3 2023 YoY but increased by **52%** in 9M 2023 YoY, driven by revenue growth partly offset by increased costs[201](index=201&type=chunk) - Adjusted EBITDA margin decreased from **33%** to **26%** in Q3 2023 YoY but increased from **31%** to **34%** in 9M 2023 YoY[202](index=202&type=chunk) [Free Cash Flow](index=45&type=section&id=Free%20Cash%20Flow) This subsection defines and presents Free Cash Flow, adjusted for specific operating and capital expenditures - Free Cash Flow is defined as cash flow from operating activities adjusted for contingent/deferred consideration payments within operating cash flow, less capital expenditures[203](index=203&type=chunk) Free Cash Flow (USD in thousands) | Metric (USD in thousands) | 9M 2023 | 9M 2022 | Change % | | :--- | :--- | :--- | :--- | | Cash flows generated by operating activities | 10,950 | 12,567 | (13)% | | Payment of contingent consideration | 4,621 | — | 100 % | | Payment of deferred consideration | 2,897 | — | 100 % | | Capital Expenditures | (2,162) | (3,484) | 38 % | | Free Cash Flow | 16,306 | 9,083 | 80 % | - Free Cash Flow increased by **80%** to **$16.3 million** for 9M 2023 YoY, driven by increased operating cash flows (adjusted for consideration payments) and decreased capital expenditures[207](index=207&type=chunk) [Constant Currency](index=46&type=section&id=Constant%20Currency) This section explains the methodology for constant currency analysis to enhance comparability of results - Constant currency analysis adjusts for foreign currency exchange rate changes to enhance comparability of operating results, translating financial data using consistent exchange rates[209](index=209&type=chunk) [Key Performance Indicator](index=46&type=section&id=Key%20Performance%20Indicator) This section identifies and analyzes the Group's key performance indicator, New Depositing Customers (NDC) - The key performance indicator (KPI) is New Depositing Customers (NDC), defined as a unique referral that triggers commission[211](index=211&type=chunk) New Depositing Customers (in thousands) | Metric (in thousands) | Q3 2023 | Q3 2022 | Change % | 9M 2023 | 9M 2022 | Change % | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | New Depositing Customers | 86 | 68 | 26 % | 266 | 191 | 39 % | - NDCs increased by **26%** in Q3 2023 and **39%** in 9M 2023 YoY, demonstrating business growth primarily in casino and sports products[213](index=213&type=chunk) [LIQUIDITY AND CAPITAL RESOURCES](index=46&type=section&id=LIQUIDITY%20AND%20CAPITAL%20RESOURCES) This section assesses the Group's liquidity position, capital resources, and ability to meet financial obligations - The Group's principal liquidity sources are cash from its IPO and operations, with **$26.9 million** in cash and cash equivalents as of September 30, 2023[214](index=214&type=chunk) - Management estimates adequate liquidity to fund operations for at least twelve months from the issuance date of the interim financial statements[215](index=215&type=chunk) [Working Capital](index=47&type=section&id=Working%20Capital) This subsection analyzes the Group's working capital position and its components - Working capital increased to **$15.2 million** as of September 30, 2023, from **$10.3 million** as of December 31, 2022, driven by increased operating cash flows and trade receivables, partially offset by deferred consideration liabilities[216](index=216&type=chunk) [Cash Flow Analysis](index=47&type=section&id=Cash%20Flow%20Analysis) This subsection provides a detailed analysis of the Group's cash flows from operating, investing, and financing activities Cash Flow Summary (USD in thousands) | Cash Flow Summary (USD in thousands) | 9M 2023 | 9M 2022 | | :--- | :--- | :--- | | Cash flows generated by operating activities | 10,950 | 12,567 | | Cash flows used in investing activities | (12,483) | (26,895) | | Cash flows used in financing activities | (1,194) | (741) | | Net movement in cash and cash equivalents | (2,727) | (15,069) | - Operating cash flows decreased by **13%** in 9M 2023 YoY, influenced by increased income before tax offset by changes in non-cash items and working capital[218](index=218&type=chunk) - Investing cash outflows decreased by **$14.4 million** in 9M 2023 YoY, primarily due to lower initial payments for acquisitions compared to the prior year[219](index=219&type=chunk) - Financing cash outflows increased to **$1.2 million** in 9M 2023 YoY, mainly due to share repurchases and deferred consideration interest payments[221](index=221&type=chunk) [CRITICAL ACCOUNTING ESTIMATES](index=48&type=section&id=CRITICAL%20ACCOUNTING%20ESTIMATES) This subsection identifies and discusses the critical accounting estimates used in preparing the financial statements - Critical accounting estimates include revenue, share-based compensation, business combinations, incremental borrowing rates for leases, fair value movement in contingent consideration, and income taxes[224](index=224&type=chunk) - No material changes or additions to critical accounting policies and estimates were reported compared to the 2022 Annual Report on Form 20-F[226](index=226&type=chunk) [Recent Accounting Pronouncements](index=48&type=section&id=Recent%20Accounting%20Pronouncements) This subsection discusses the impact of recent accounting pronouncements on the Group's financial statements - No new IFRS or IFRS Interpretation Committee interpretations effective for 9M 2023 had a material impact on the interim condensed consolidated financial statements[227](index=227&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section details the Group's exposure to market, currency, interest rate, credit, and liquidity risks, and mitigation strategies [Market and Currency Risk](index=49&type=section&id=Market%20and%20Currency%20Risk) This note discusses the Group's exposure to foreign currency fluctuations and macro-economic uncertainties - The Group is exposed to foreign currency risk, with sales and payments primarily in EUR, USD, and GBP, and cash balances denominated in these currencies[231](index=231&type=chunk) - The Group does not use derivative financial instruments to manage foreign currency risk but monitors exchange rate fluctuations[232](index=232&type=chunk) - Macro-economic uncertainty from increased inflation and interest rates could impact earnings and cash flow[234](index=234&type=chunk) [Transaction Exposure Sensitivity](index=49&type=section&id=Transaction%20Exposure%20Sensitivity) This note provides a sensitivity analysis of net income before tax to changes in foreign exchange rates Increase (Decrease) in Net Income Before Tax (in thousands) | Increase (Decrease) in Net Income Before Tax (in thousands) | USD | GBP | | :--- | :--- | :--- | | September 30, 2023 | 1,094 | 200 | | September 30, 2022 | 1,076 | 399 | - A **10% strengthening** in USD and GBP exchange rates would result in average gains to net income before tax of **$1,094 thousand** and **$200 thousand**, respectively, for 9M 2023[35](index=35&type=chunk)[237](index=237&type=chunk) [Interest Rate Risk](index=49&type=section&id=Interest%20Rate%20Risk) This note describes the Group's minimal exposure to interest rate risk, primarily on cash balances - The Group has minimal exposure to interest rate risk, primarily on cash at bank balances, and considers it at an acceptable level[238](index=238&type=chunk) [Contractual Risk](index=49&type=section&id=Contractual%20Risk) This note outlines how management monitors contractual performance to mitigate non-compliance risks - Management monitors performance against contractual conditions to mitigate the risk of material, adverse non-compliance with third-party contracts[239](index=239&type=chunk) [Credit Risk](index=49&type=section&id=Credit%20Risk) This note details the Group's credit risk exposure from cash and trade receivables, and its management - Credit risk arises from cash and cash equivalents and trade/other balances, with management using forward-looking information for expected credit losses[240](index=240&type=chunk)[241](index=241&type=chunk) [Liquidity Risk](index=50&type=section&id=Liquidity%20Risk) This note explains how the Group manages liquidity risk through cash management and financial forecasts - Liquidity risk is managed by maintaining sufficient cash and regularly reviewing cash requirements through short-term forecasts and medium-term projections[242](index=242&type=chunk) Future Material Cash Requirements as of Sep 30, 2023 (USD in thousands) | Future Material Cash Requirements as of Sep 30, 2023 (USD in thousands) | Less Than 1 Year | Between 1 and 2 Years | More Than 2 Years | Total | | :--- | :--- | :--- | :--- | :--- | | Deferred consideration | 18,642 | — | — | 18,642 | | Lease liability | 571 | 513 | 1,074 | 2,158 | | Trade and other payables | 4,966 | — | — | 4,966 | | Total | 24,179 | 513 | 1,074 | 25,766 | - Deferred consideration of **$18.642 million** is due within one year and may be settled with up to **50% ordinary shares** at the Group's option[243](index=243&type=chunk) [Capital Risk](index=50&type=section&id=Capital%20Risk) This note describes the Group's capital structure, comprised entirely of shareholders' equity - The capital structure is entirely comprised of shareholders' equity, managed to maintain financial flexibility and meet obligations[244](index=244&type=chunk) [Purchases of Equity Securities by the Issuer and Affiliated Purchases](index=50&type=section&id=Purchases%20of%20Equity%20Securities%20by%20the%20Issuer%20and%20Affiliated%20Purchases) This section details the Company's share repurchase program, including its approval, funding, and activity - In November 2022, the board approved a program to repurchase up to **$10.0 million** of ordinary shares in open market transactions[246](index=246&type=chunk) - The Company intends to fund the share repurchase program using current cash and cash equivalents and cash flow from operations[247](index=247&type=chunk) - No repurchases of ordinary shares were completed during the three months ended September 30, 2023[248](index=248&type=chunk) [Signatures](index=51&type=section&id=Signatures) This section contains the required signatures for the Form 6-K report, confirming its submission - The report was signed by Elias Mark, Chief Financial Officer of Gambling.com Group Limited, on November 15, 2023[250](index=250&type=chunk)

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________________________ FORM 6-K For the month of August 2023 (Commission File No. 001-40634) __________________________________________________________________________ Gambling.com Group Limited (Translation of registrant's name into English) _______________________________________________ ...

CONFIDENTIAL & PRIVATE Safe Harbor Statement Unless otherwise indicated, inf ormation contained in this presentation concerning our industry , competitiv e position and the markets in which we operate is based on inf ormation f rom independent industry and research organizations, other third-party sources and management estimates. Management estimates are derived from publicly available information released by independent industry analysts and other third-party sources, as well as data from our internal res ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________________________ FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2023 (Commission File No. 001-40634) __________________________________________________________________________ Gambling.com Group Limited (Translation of registrant's name into English) __________________________________________________ ...

Gambling.com Group Limited (NASDAQ:GAMB) Q4 2022 Results Conference Call March 23, 2023 8:00 AM ET Company Participants Peter McGough - Vice President, Investor Relations Charles Gillespie - Co-Founder and Chief Executive Officer Elias Mark - Chief Financial Officer Conference Call Participants Jeff Stantial - Stifel Barry Jonas - Truist Securities David Katz - Jefferies Operator Greetings, welcome to Gambling.com Group's Fourth Quarter 2022 Earnings Results Call. This time all participants are in a listen- ...

Revenue Growth - Fourth quarter revenue increased by 107% year-over-year to $21.3 million, while full year revenue rose by 81% to $76.5 million[1][3][4] - North American revenue surged by 364% to $10.0 million, driven by strong performance in newly launched markets[5][9] - The company reported a 54% year-over-year revenue growth in the U.K. and Ireland, reaching $8.1 million in the fourth quarter[5] Adjusted EBITDA - Adjusted EBITDA for the fourth quarter reached $6.9 million, a 202% increase compared to the same period last year, with a full year Adjusted EBITDA of $24.1 million, up 31%[3][4] - Adjusted EBITDA for the three months ended December 31, 2022, was $6,855,000, representing a 202% increase compared to $2,272,000 in the same period of 2021[27] - Adjusted EBITDA Margin for the same period was 32%, up from 22% in the previous year[28] Customer Growth - The number of new depositing customers grew by nearly 200% year-over-year to 82,000 in the fourth quarter[4] Free Cash Flow - Free Cash Flow for the fourth quarter was $364,000, compared to a loss of $1.8 million in the same quarter last year, with full year Free Cash Flow at $9.5 million[3][4] - Free Cash Flow for the three months ended December 31, 2022, was $364,000, a significant decrease from $(1,811,000) in the same period of 2021[36] Financial Performance - Operating profit for the three months ended December 31, 2022, was $(305) million, a significant decline of 149% from $623 million in the same period of 2021[16] - Net income attributable to shareholders for the year ended December 31, 2022, was $2,390 million, down 81% from $12,453 million in 2021[21] - The company reported a net loss of $(4,409) million for the three months ended December 31, 2022, compared to a net income of $867 million in the same period of 2021[21] - Total comprehensive income attributable to shareholders for the year ended December 31, 2022, was $(2,403) million, a decline of 131% from $7,641 million in 2021[21] Assets and Liabilities - Total assets increased to $138,875 million as of December 31, 2022, compared to $91,025 million as of December 31, 2021[18] - Cash and cash equivalents decreased to $29,664 million at the end of 2022 from $51,047 million at the end of 2021[20] - The company incurred finance expenses of $4,434 million for the three months ended December 31, 2022, an increase of 870% from $457 million in the same period of 2021[16] Future Guidance and Investments - The company initiated 2023 guidance for revenue between $93 million and $97 million, and Adjusted EBITDA between $32 million and $36 million[2][9] - The company plans to invest in the development of Casinos.com and service media partners throughout 2023[10] - The acquisition of the ultra-premium domain name Casinos.com is expected to enhance the company's market position[9] Shareholder Information - The weighted-average number of ordinary shares increased by 8% to 36,467,603 for the three months ended December 31, 2022, compared to 33,806,422 in the same period of 2021[21] - Adjusted net income per share attributable to shareholders, basic, was $0.02 for the three months ended December 31, 2022, a decrease of 33% from $0.03 in the same period of 2021[32]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________ FORM 20-F ________________________________________________________ (Mark One) For the fiscal year ended December 31, 2022 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ____________________ o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Da ...