Gambling.com Group Q1 revenue and EBITDA rise significantly

Gambling.com Group has reported a 52% year-on-year rise in Q1 revenue to €5.2m ($5.8m). Ninety-eight percent of the affiliate’s growth was organic, while it also enjoyed a 66% increase in new depositing customers to 26,524. Adjusted EBITDA, excluding non-recurring costs, was up 33% to €1.8m, although Gambling.com's adjusted EBITDA margin dropped from 38% to 33%. EBITDA (as opposed to adjusted EBITDA) also totalled €1.8m, u...