Group Limited Reports Third Quarter 2021 Financial Results Group Investor Relations Center
Gambling.com Group Limited Reports Third Quarter 2021 Financial Results
Charlotte, North Carolina, November 18, 2021 / Gambling. com Group is a major device proposed by digital marketing Many management He has been there, but has announced its third quarter operation and financial achievements on September 30, 2021.
2021 Features of Financial Financial in the third quarter
- You can do it so that you can do it so that you are actually a promise, everyone can quickly ignore these seemingly accurate {} people. can.
- Pure profits are $ 4, 7 million ($ 0, $ 13 in promotion after sparseness), while the tacit profit of the previous year is $ 3 million ($ 0, $ 08 after the promotion after thinning).
- After adjustment, the EBITDA indicators are $ 3, 5 million, decreasing 14 % from the comparison of 4 to $ 0 million per comparable stage of the previous year, and actually corresponds to the margin of EBITDA indicators after adjusting 34 %. 1
- The free exchange flow is $ 08 million, decreasing by $ 39 million to 81 % per comparable stage of the previous year.
The main feature of work in the third quarter of 2021
- The general development of the conventional promotion in the Nasdaq mass market using the Gamba logo is completed behind the success
- Announces Daniel Daligo's goals
"The third quarter was 37%from the same period of the previous year, and the third quarter was the most peaceful quarter of the year, and the EBITDA margin was reduced by 34%after adjustment.
The COM Group's highest executive officer and c o-founder. July and August- "It is important to pay attention to the several months of summer measured, which was recorded in September for all income. With the start of the season, the US profits have increased significantly in September, and the fourth quarter of the United States, which exceeded the company's expectations, has been cleared in the fourth quarter. As a result of sustainable organic growth, we are inspiring for the appropriate fourth quarter. At the expense, it focuses on the meaningful formation of the business.
After adjustment, the characteristics of the IFRS suggest information that is not disclosed. For explanations of adjustment items and comparable IFRS adjustments, see the terms and table "financial characteristics related to IFRS" at the end of the release.
After adjustment, the characteristics of the IFRS suggest information that is not disclosed. For explanations of adjustment items and comparable IFRS adjustments, see the terms and table "financial characteristics related to IFRS" at the end of the release.
Compare the achievements in the third quarter of 2021 with the third quarter of 2020
3 months ending on September 30th
(Unexpected, excluding data per share and data per share)
Consolidated comprehensive profit statement data
Ta x-dwelling profit
Quarterly net profit belonging to shareholders
Basic shares Net income that belongs to our shareholders
Net income per share that belongs to ordinary shareholders after thinner
N/M = not important
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
No n-IFRS Financial Index
After adjustment eBitDa margin
N/M = not important
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
Other additional data
Added an account for new customers (1)
A new deposit customer is a unique introduction from a player in our system to one of our customers, and the customer has agreed with our customers (usually deposits of the minimum standard). , We define that we have obtained a commission.
From September 30th
As of December 31st
(Unit: 1, 000 dollars)
Consolidated financial status statement data
Cash and cash equivalent
Driving capital (2)
A driving capital is a total of the total liabilities from the total assets.
N/M = not important
In the third quarter, the total revenue was $ 37 % to $ 37 %, compared to $ 7. 4 million in the same period of the previous year. Increased sales of $ 2. 3 million (30 %) on the permanent exchange rate base. The improvement of NDC's monetization is the driving force of growth, which is due to the combination of technology improvement and changes in products and market mixes. The number of NDCs was 27, 000 from 28, 000 to 27, 000 from the same period of the previous year.
The following is an outline of market sales by market:
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
Other areas
The increase in sales is mainly due to organic growth in the European and North American markets.
The following is a classification of revenue information by profit generation:
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
Revenue distribution
The expansion of rescue was made in the host country for additional fees for CPA and other rescue. An expansion of another rescue was caused by an important way to create a price related to achieving a specific motivation characteristics of the NDC-operator performance.
The following is the breakdown of rescue:
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
Increased relief is due to an increase in the amount of rescue of casinos and sports equipment.
Operating expenses
3 months ending on September 30th
(Unit: 1, 000 dollars, unpapided)
Sales and general management costs
General management expenses
Introduction amount for the loan
Total operating costs
N/M = not important
The total operating cost was $ 3. 8 million to $ 3. 8 million from $ 3. 9 million last year. In terms of lon g-term amounts, operating costs increased $ 3. 5 million from $ 4. 2 million in the previous year to $ 7. 7 million. This expansion is an important way to increase the number of employees in the investment of the company organic in the sales, marketing, technology, aggregation, and management department, and the management costs related to operations as a public company. It is due to an increase.
Sales and marketing costs were $ 36 million for $ 18 million last year. This expansion is due to significant increase in labor costs associated with the increase in personnel and profile.
The technical expenses were $ 1. 1 million, and last year it was $ 7 million. This expansion was due to the main factor in the increase in salaries related to the increase in the number of employees, and was partially refunded by capitalization costs.
The total management costs were $ 3 million and last year it was $ 1. 4 million. Increased expenses are due to significant increase in salaries, securities expenses, and insurance premiums associated with the increase in the number of employees.
After adjustment, EBITDA indicators were $ 14 % to $ 3. 5 million ($ 4 million in the previous year). The decrease in this indicator was mainly due to an increase in operating costs, but was partially offset by an increase in rescue.
Operating income in the third quarter fell 31 %, to $ 35 million in 2020. This decrease was caused by an important way to reduce the EBITDA indicator after adjustment and increase the payment costs based on promotion. < SPAN> Rescue expanded in the host country for additional fees for CPA and other rescue. An expansion of another rescue was caused by an important way to create a price related to achieving a specific motivation characteristics of the NDC-operator performance.
The following is the breakdown of rescue:
3 months ending on September 30,
(Unit: 1, 000 dollars, no belonging)
Increased relief is due to an increase in the amount of rescue of casinos and sports equipment.
Operating expenses
3 months ending on September 30th
(Unit: 1, 000 dollars, no belonging)
Sales and general management costs
Introduction amount for the loan
N/M = does not include importance
The total operating cost was $ 3. 8 million to $ 3. 8 million from $ 3. 9 million last year. In terms of lon g-term amounts, operating costs increased $ 3. 5 million from $ 4. 2 million in the previous year to $ 7. 7 million. This expansion is an important way to increase the number of employees in the investment of the company organic in the sales, marketing, technology, aggregation, and management department, and the management costs related to operations as a public company. It is due to an increase.
The technical expenses were $ 1. 1 million, and last year it was $ 7 million. This expansion was due to the main factor in the increase in salaries related to the increase in the number of employees, and was partially refunded by capitalization costs.
After adjustment, EBITDA indicators were $ 14 % to $ 3. 5 million ($ 4 million in the previous year). The decrease in this indicator was mainly due to an increase in operating costs, but was partially offset by an increase in rescue.
The following is the breakdown of rescue:
(Unit: 1, 000 dollars, no belonging)
Increased relief is due to an increase in the amount of rescue of casinos and sports equipment.
Operating expenses
3 months ending on September 30th
(Unit: 1, 000 dollars, no belonging)Sales and general management costs.
General management expenses
Introduction amount for the loanTotal operating costsN/M = does not include importance
The total operating cost was $ 3. 8 million to $ 3. 8 million from $ 3. 9 million last year. In terms of lon g-term amounts, operating costs increased $ 3. 5 million from $ 4. 2 million in the previous year to $ 7. 7 million. This expansion is an important way to increase the number of employees in the investment of the company organic in the sales, marketing, technology, aggregation, and management department, and the management costs related to operations as a public company. It is due to an increase.
Sales and marketing costs were $ 36 million for $ 18 million last year. This expansion is due to significant increase in labor costs associated with the increase in personnel and profile.
After adjustment, the characteristics of the IFRS suggest information that is not disclosed. For explanations of adjustment items and comparable IFRS adjustments, see the terms and table "financial characteristics related to IFRS" at the end of the release.
The total management costs were $ 3 million and last year it was $ 1. 4 million. Increased expenses are due to significant increase in salaries, securities expenses, and insurance premiums associated with the increase in the number of employees.
After adjustment, EBITDA indicators were $ 14 % to $ 3. 5 million ($ 4 million in the previous year). The decrease in this indicator was mainly due to an increase in operating costs, but was partially offset by an increase in rescue.
Operating income in the third quarter fell 31 %, to $ 35 million in 2020. This decrease was caused by an important way to reduce the EBITDA indicator after adjustment and increase the payment costs based on promotion.
3 months ending on September 30th
Sky foreign currency flow
Sales and general management costs
General management expenses
Introduction amount for the loan
As of September 30, 2021, the total assets were $ 9, 16 million, increasing $ 44 million from $ 45 million as of December 30, 2020. The total borrowing, including unpaid interest, was $ 60 million, as of December 31, 2020, as of December 31, 2020. The total commitment is $ 114 million (as of December 31, 2020).
As of September 30, 2021, the general capital book was $ 80, 000 ($ 342 million as of December 31, 2020).
Reverse expression, total assets, and multiple sel f-funds are mainly due to net income, operating income, and net income mainly from IPO.
{Reduction}.
Financial goals from 2021 to 2023
rumor
Growth of joint redemption
After adjustment EBITDA Margin 3
Basic shares Net income that belongs to our shareholders
Net income per share that belongs to ordinary shareholders after thinner
Rumors < Span> The net income in the third quarter is $ 47 million ($ 0, 13 per promotion after sparse), and the net income in the same period of the previous year is $ 23 million ($ 0, 08 per promotion after thinning). there were. The increase in this indicator is mainly due to the perception of deferred tax assets related to the transferred intangible assets.
Sky foreign currency flow
The total foreign currency obtained from sales activities was $ 14 million, decreasing 65 % compared to $ 40 million in the previous year. This decrease is mainly due to the decrease in EBITDA after adjustment, the settlement of transient expenses associated with IPO, and the payment of distribution tax. The free exchange flow was $ 08 million for $ 3. 9 million last year. This decrease is due to the increase in exchange flows due to sales activities, and important costs mainly consisting of domain names and asseted development costs.
Balance sheet
As of September 30, 2021, the foreign currency balance was $ 53, 200 million, increasing $ 45 million to $ 8, 200 million as of December 31, 2020. As of September 30, 2021, the driving capital was $ 55, 100 million, increasing $ 45 million to $ 10, 100 million as of December 31, 2020.
As of September 30, 2021, the total assets were $ 9, 16 million, increasing $ 44 million from $ 45 million as of December 30, 2020. The total borrowing, including unpaid interest, was $ 60 million, as of December 31, 2020, as of December 31, 2020. The total commitment is $ 114 million (as of December 31, 2020).
As of September 30, 2021, the general capital book was $ 80, 000 ($ 342 million as of December 31, 2020).
Reverse expression, total assets, and multiple sel f-funds are mainly due to net income, operating income, and net income mainly from IPO.
{Reduction}.
Cash and cash equivalent
rumor
Growth of joint redemption
After adjustment EBITDA Margin 3
{Sales}
2021 outlook
Rumors were $ 47 million in the third quarter ($ 0, 13 per promotion after sparse), with net income of $ 23 million in the same period of the previous year ($ 0, 08 per promotion). The increase in this indicator is mainly due to the perception of deferred tax assets related to the transferred intangible assets.
Sky foreign currency flow
The total foreign currency obtained from sales activities was $ 14 million, decreasing 65 % compared to $ 40 million in the previous year. This decrease is mainly due to the decrease in EBITDA after adjustment, the settlement of transient expenses associated with IPO, and the payment of distribution tax. The free exchange flow was $ 08 million for $ 3. 9 million last year. This decrease is due to the increase in exchange flows due to sales activities, and important costs mainly consisting of domain names and asseted development costs.
Balance sheet
As of September 30, 2021, the foreign currency balance was $ 53, 200 million, increasing $ 45 million to $ 8, 200 million as of December 31, 2020. As of September 30, 2021, the driving capital was $ 55, 100 million, increasing $ 45 million to $ 10, 100 million as of December 31, 2020.
As of September 30, 2021, the total assets were $ 9, 16 million, increasing $ 44 million from $ 45 million as of December 30, 2020. The total borrowing, including unpaid interest, was $ 60 million, as of December 31, 2020, as of December 31, 2020. The total commitment is $ 114 million (as of December 31, 2020).
As of September 30, 2021, the general capital book was $ 80, 000 ($ 342 million as of December 31, 2020).
Reverse expression, total assets, and multiple sel f-funds are mainly due to net income, operating income, and net income mainly from IPO.
3 months ending on September 30th
Sky foreign currency flow
rumor
Ta x-dwelling profit
After adjustment EBITDA Margin 3
{Sales}
2021 outlook
rumor
Gambling economic director. The profitability of EBITDA indicators after adjustment, which was 34 % in this quarter, is healthy, and as a public company, it has increased to the size of the organization and has a low seasonal rate of investment. Don't worry about it. This is our previous suggestion that investing in organi c-up projects in the near future and selling M & Amp; A strategies can deviate from the average margin of 40 %. It is along. According to the ful l-year financial results, it is expected that the number of organic rescue of more than 40 % or more in the annual calculation will be achieved within 40 % of the eBitDa indicators. Second, IPOs have important skills to realize our appearance and our value in the past quarter of the past quarter to actually spread their capital. Identify to identify. "
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Details of the conference
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From 9:00 am on Thursday, November 18, 2021
{Reduction}.
The total foreign currency obtained from sales activities was $ 14 million, decreasing 65 % compared to $ 40 million in the previous year. This decrease is mainly due to the decrease in EBITDA after adjustment, the settlement of transient expenses associated with IPO, and the payment of distribution tax. The free exchange flow was $ 08 million for $ 3. 9 million last year. This decrease is due to the increase in exchange flows due to sales activities, and important costs mainly consisting of domain names and asseted development costs.
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About Gamble Dot Com Group
Gambling. com Group Limited (Nasdaq: Gamb) is repeatedly shown by the benefits of a performance marketing company and digital marketing proposal, which is the most online gambling industry, according to the profit information on September 30, 2021. There is. More than 200 employees work, and there are rooms in Ireland, the United States and Malta. Thanks to its own technical platform, the company has issued a portfolio of a brand and hig h-class website on gambling. Established in 2006, the company manages six and more than 30 sites in 13 state markets, covers Igaming and sporting, and tightens all nuances in the online progress. Gambling. com Grou p-Promotion is traded in the NASDA Q-mass market.
Adjusted features represent non-IFRS information. See "Non-IFRS Financial Measures" and the tables at the end of this press release for commentary on adjustments and reconciliations to comparable IFRS measures.
Leverage is measured as the ratio of net debt to Adjusted EBITDA.
Net debt represents borrowings less foreign currency denominated and their equivalents.
Condensed consolidated statement of comprehensive income (unaudited) (in thousands of U. S. dollars, excluding per share amounts)
Three months ended September 30
Nine months ended September 30
Sales and marketing expenses
General and administrative expenses
Provision for doubtful accounts
Operating profit
(gain (loss) on monetary commitments measured at fair value through profit or loss
Profit before tax
Profit before tax
Non-affected stage profit attributable to shareholders
Other joint profits
Foreign currency translation differences
Total stage joint profits attributable to shareholders
Net profit per promotion attributable to ordinary action shareholders (basic
Net promotion benefits attributable to full-time employees promoted, diluted
Condensed consolidated statement of economic position (unaudited) (in thousands of U. S. dollars)
September 30, 2021
December 31, 2020 Date
Non-current assets
3 months ending on September 30th
Sky foreign currency flow