Gambling Group reports 53 revenue growth for Q2

Affiliate Gambling

Affiliate Gambling.com Group has reported a 53% revenue boost to $15.9m, for Q2 2022.

The news report also showed a revenue increment of 342% for the Frederick North American market.

During the sec quarter, the company delivered to a greater extent than 57,000 new depositing customers and the written report also highlighted the successful expansion into the Ontario market.

Based on electric current information, the group predicted familiarized Earnings Before Interest Taxes Depreciation and Amortization of 'tween $22m and $27m for the financial twelvemonth 2022.

Charles Gillespie, CEO and Co-founder of Gambling.com Group, commented: “We continued to put to death on our strategy of rapidly growing our business sector inward Second Earl of Guilford America inwards the secondly quarter as the team delivered company-wide revenue growing of o'er 50% and Frederick North American revenue growth over 300%.

“Our eyeshot remains that Gambling.com Group offers the topper value proposition for online play operators’ investments inward client acquisition, and we look forrard to the secondly half of the twelvemonth as we get in the ticker of the Frederick North American shine and winter sports calendars.”

Elias Mark, CFO of the group, added: “We delivered revenue and familiarised Earnings Before Interest Taxes Depreciation and Amortization in front of the street consensus and generated strong free people hard cash rate of flow inward the quarter. Revenue ontogenesis continued to live led by maturation in North America inward demarcation with our strategic objectives, but we also saw strong trading in our more mature markets inward the UK and Ireland, despite the weakening of the GBP and EUR against the US dollar.

“Integration of our acquisitions from Q1 is tracking according to plan. The accompany remains fountainhead capitalised and in a strong situation to take on the financial outlook for the year, and to bear on to raise profitably beyond.”