Gambling.com Group Limited (GAMB) Bundle
A Brief History of Gambling.com Group Limited (GAMB)
Founding and Early Years
Gambling.com Group Limited was founded in 2006, operating originally as a digital marketing company focusing on the casino and sports betting industries. The company's initial aim was to provide comprehensive information, guides, and reviews about online gambling operators.
Public Listing
The company went public on the NASDAQ under the ticker symbol GAMB in June 2020. The IPO raised approximately $25 million, which was aimed at enhancing its marketing capabilities and expanding its operations.
Acquisitions and Growth
In 2021, Gambling.com Group Limited made significant strides through strategic acquisitions:
- Acquired RNG Media, a leading content marketing company.
- Acquired Oddschecker, a well-known betting comparison website, for around €15 million.
- Acquired Bookies.com, enhancing its portfolio in the North American market.
Financial Performance
For the year ending December 31, 2022, Gambling.com Group Limited reported:
- Revenue: $50.6 million
- Net Income: $17.6 million
- Adjusted EBITDA: $22.1 million
Market Position and Impact
As of Q2 2023, Gambling.com Group Limited held a market capitalization of approximately $300 million. The group operates several brands, including Gambling.com, Bookies.com, and CasinoSource, contributing to its extensive reach in the global online gambling market.
Regulatory Compliance
The company adheres to regulations across various jurisdictions. In 2023, it received licenses in:
- New Jersey
- Pennsylvania
- Michigan
Recent Developments
In August 2023, Gambling.com Group announced a partnership with DraftKings, aimed at enhancing user acquisition efforts in the United States. This collaboration is expected to boost traffic and improve conversion rates significantly.
Financial Metrics Table
| Year | Revenue ($ million) | Net Income ($ million) | Adjusted EBITDA ($ million) |
|---|---|---|---|
| 2020 | 25.0 | 5.5 | 8.2 |
| 2021 | 35.6 | 10.1 | 14.3 |
| 2022 | 50.6 | 17.6 | 22.1 |
| 2023 (Projected) | 65.0 | 25.0 | 30.0 |
Future Outlook
Gambling.com Group Limited is focused on expanding its presence in North America, aiming to capture a larger market share as more states legalize online gambling. The projected growth for 2024 is estimated at $80 million in revenue, driven by increased marketing efforts and continued strategic acquisitions.
A Who Owns Gambling.com Group Limited (GAMB)
Ownership Structure
The ownership of Gambling.com Group Limited (GAMB) is primarily held by institutional investors and individual shareholders. The following table outlines the major shareholders as of the latest available data:
| Shareholder | Percentage Owned | Type of Ownership |
|---|---|---|
| St. Joris Group | 24.5% | Institutional |
| BlackRock, Inc. | 12.3% | Institutional |
| Fidelity Management & Research Company | 9.8% | Institutional |
| Directors and Officers | 5.0% | Insider |
| Other Institutional Investors | 35.4% | Institutional |
| Retail Shareholders | 13.0% | Individual |
Market Capitalization
As of October 2023, Gambling.com Group Limited has a market capitalization of approximately $300 million. The stock is traded on the NASDAQ under the ticker symbol GAMB.
Financial Performance
The financial performance of Gambling.com Group Limited indicates a steady growth trajectory. The following key financial indicators are relevant:
| Financial Metric | 2022 Amount | 2023 Amount (Q2) |
|---|---|---|
| Revenue | $35 million | $20 million |
| Net Income | $5 million | $3 million |
| EBITDA | $8 million | $4.5 million |
| Total Assets | $50 million | $60 million |
| Total Liabilities | $10 million | $15 million |
Share Price Performance
The stock performance of Gambling.com Group Limited has shown fluctuations over the past year. The following table summarizes its recent share price data:
| Date | Closing Price (USD) | Percentage Change |
|---|---|---|
| September 30, 2022 | $14.00 | - |
| December 31, 2022 | $12.00 | -14.29% |
| March 31, 2023 | $10.00 | -16.67% |
| June 30, 2023 | $10.50 | +5.00% |
| October 1, 2023 | $11.00 | +4.76% |
Recent Developments
Recent developments in the company include:
- Launch of new betting platforms in Europe.
- Acquisition of smaller gaming companies to enhance market reach.
- Partnerships with major sports leagues for advertising.
Future Outlook
The future outlook for Gambling.com Group Limited reflects operational expansion and market growth. Analysts project a revenue growth rate of approximately 15% annually over the next five years, driven by increasing online gambling trends and regulatory developments across various jurisdictions.
Gambling.com Group Limited (GAMB) Mission Statement
Core Mission
Core Mission
The mission of Gambling.com Group Limited is to provide a comprehensive suite of digital marketing services to the online gambling industry. The company aims to connect players with the best online gambling operators through high-quality content, innovative technology, and strategic partnerships.
Vision
Gambling.com Group envisions a world where players can make informed decisions based on trustworthy and easily accessible information, thereby enhancing their gambling experiences while enjoying responsible gaming.
Values
- Integrity: Upholding the highest ethical standards in content creation.
- Innovation: Leveraging cutting-edge technology to improve user experience.
- Responsibility: Promoting safe and responsible gambling practices.
- Collaboration: Building strong partnerships with operators and affiliates.
Market Position
As of 2023, Gambling.com Group Limited holds a significant position in the online gambling sector. The company reported revenues of approximately €37 million for the fiscal year 2022, showcasing a robust growth trajectory.
Revenue Breakdown
| Revenue Stream | Amount (€) |
|---|---|
| Affiliate Marketing | 26 million |
| Publishing | 8 million |
| Other Services | 3 million |
Achievements
Gambling.com Group has achieved several milestones, including:
- Acquisition of Gambling.com domain in 2018 for $15 million.
- Listed on the NASDAQ stock exchange under the ticker symbol GAMB in 2021.
- Expanding service offerings to include enhanced data analytics and performance marketing.
Future Goals
The company aims to expand its market share by:
- Entering new regulated markets in North America.
- Investing in technology to enhance user engagement and experience.
- Strengthening relationships with existing operators and onboarding new ones.
Employee Commitment
Gambling.com Group Limited places a strong emphasis on employee satisfaction and development. The company has reported a workforce of approximately 150 employees as of 2023, with a focus on professional growth and retention strategies.
Sustainability Initiatives
The company is committed to sustainability and responsible gaming practices, which include:
- Implementing responsible gambling programs.
- Partnering with organizations focused on gambling addiction prevention.
- Reducing the environmental impact of their operations.
Financial Performance
In the most recent quarter of 2023, Gambling.com Group reported:
| Financial Metric | Q2 2023 Value (€) |
|---|---|
| Total Revenue | 9.5 million |
| Net Income | 1.8 million |
| EBITDA | 3.5 million |
| Cash Flow from Operations | 2.2 million |
Conclusion
The mission statement of Gambling.com Group Limited reflects its dedication to providing a trustworthy platform for online gambling while emphasizing responsible gaming. With a strategic focus on growth, innovation, and sustainability, the company is positioned to enhance its influence within the industry.
How Gambling.com Group Limited (GAMB) Works
Overview of Gambling.com Group Limited
Gambling.com Group Limited, recognized by its stock ticker GAMB, specializes in online gambling services. The company primarily operates a diverse portfolio of websites that provide information about online gaming, including casinos, sports betting, and poker.
Business Model
The company's revenue is generated through a affiliate marketing model. Gambling.com Group Limited partners with online gaming operators and receives commissions for driving traffic and players to their platforms.
- Revenue Streams:
- Affiliate commissions
- Advertising revenue
- Software licensing
Key Financial Metrics
As of the third quarter of 2023, Gambling.com Group Limited reported the following financial highlights:
| Metric | Value (in USD) |
|---|---|
| Revenue | 43 million |
| Net Income | 11 million |
| Operating Income | 13 million |
| Earnings Per Share (EPS) | 0.29 |
| Market Capitalization | 300 million |
User Engagement and Traffic
The company emphasizes user engagement across its platforms, with the following statistics indicating its effectiveness:
| Metric | Value |
|---|---|
| Monthly Active Users | 2.5 million |
| Website Traffic (monthly visits) | 25 million |
| Conversion Rate | 10% |
| Average Session Duration | 5 minutes |
| User Retention Rate | 75% |
Geographical Market Focus
Gambling.com Group Limited operates in multiple jurisdictions, focusing on regions where online gambling is legal and regulated.
- Key Markets:
- United States
- United Kingdom
- Canada
- Australia
- European Union
Recent Developments
In 2023, Gambling.com Group Limited made significant strides in expanding its portfolio and partnerships:
- Acquired a majority stake in additional affiliate websites
- Expanded into new states in the U.S. following regulatory changes
- Launched a new marketing campaign that increased brand recognition
- Entered joint ventures with leading online gaming operators
Strategic Partnerships
The company has established several key partnerships that bolster its market presence.
| Partner | Nature of Partnership |
|---|---|
| DraftKings | Affiliate marketing |
| FanDuel | Content collaboration |
| Bwin.party | Software licensing |
| BetMGM | Advertising partnership |
| Paddy Power | Joint promotions |
Future Outlook
The outlook for Gambling.com Group Limited remains positive, driven by the growing acceptance of online gambling globally. The company is expected to leverage:
- Increased market penetration
- Emerging technologies in the gaming sector
- Regulatory changes favoring online betting
- Enhanced user experience initiatives
Conclusion
Gambling.com Group Limited continues to solidify its position in the online gambling market through strategic partnerships, robust financial performance, and a focus on user engagement. Its diverse revenue streams and strong market presence contribute to its ongoing success in the industry.
How Gambling.com Group Limited (GAMB) Makes Money
Revenue Streams
Gambling.com Group Limited primarily generates revenue through various segments in the online gambling industry. This includes:
- Affiliate Marketing
- Content Marketing
- Paid Advertising
Affiliate Marketing
Gambling.com Group earns a significant portion of its income via affiliate marketing arrangements with online gambling operators. In 2022, the company reported a revenue of approximately €25.1 million through this channel, accounting for about 78% of its total revenue.
Content Marketing
The company also invests in content marketing to attract users to its platforms. This method has shown promising results, contributing about €5.3 million in revenue in 2022, which is roughly 16% of the total revenue.
Paid Advertising
Another revenue stream includes paid advertising on its platforms. In the fiscal year 2022, paid advertising generated approximately €1.8 million, representing around 6% of total revenue.
Market Reach
Gambling.com Group operates across multiple jurisdictions, including:
- United States
- United Kingdom
- Canada
- Australia
- Various European markets
Financial Performance Overview
In 2022, Gambling.com Group Limited reported total revenues of approximately €32.2 million, which was a significant increase from €22.4 million in 2021.
| Fiscal Year | Total Revenue (in millions €) | Affiliate Marketing Revenue (in millions €) | Content Marketing Revenue (in millions €) | Paid Advertising Revenue (in millions €) |
|---|---|---|---|---|
| 2021 | 22.4 | 17.5 | 3.6 | 1.3 |
| 2022 | 32.2 | 25.1 | 5.3 | 1.8 |
Key Partnerships
The company has established key partnerships with several major online gambling operators, enhancing its market position. These partnerships play a critical role in driving traffic and conversions.
Cost Structure
Gambling.com Group manages its operational costs effectively, focusing on:
- Marketing & Advertising Expenditure
- Technology Development
- Content Creation
Profitability
In 2022, the company reported a net income of approximately €9.6 million, reflecting a net profit margin of about 29.8%. This was an increase from a net income of €6.3 million in 2021.
Stock Performance
As of October 2023, the share price of Gambling.com Group Limited (GAMB) was approximately $14.50 per share, with a market capitalization of around $400 million.
| Metric | Value |
|---|---|
| Share Price (as of October 2023) | $14.50 |
| Market Capitalization | $400 million |
| Net Income (2022) | €9.6 million |
| Net Profit Margin (2022) | 29.8% |
Industry Trends
The online gambling industry is projected to grow significantly. The global online gambling market was valued at approximately $63 billion in 2022 and is expected to reach around $100 billion by 2025, with an annual growth rate of 12.5%.
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