Gambling.com Group Ltd

Gambling.com Group Ltd held its 2026 Annual General Meeting on May 20, 2026, where shareholders approved all six proposals. Key approvals included the company's 2025 Annual Report and Accounts, the election of Johnny Hartnett and Carol Anderson as Class II directors, and the re-appointment of BDO LLP as the independent auditor. Shareholders also authorized the Audit Committee to fix auditor remuneration and approved an amendment to the company's Articles of Association to allow for a name change by Board resolution.

Gambling.com Group Ltd reported a net loss of $1.18 million for Q1 2026, a significant decline from a net income of $11.24 million in Q1 2025. Revenue remained relatively stable at $40.44 million, a slight decrease from $40.64 million year-over-year, while operating profit fell sharply by 67.4% to $3.27 million. The company also saw a substantial reduction in cash flows from operating activities and cash and cash equivalents. Additionally, the Q1 2025 cash flow statement was restated for a tax payment classification error, and the company continues to manage foreign exchange risk with a Cross-Currency Interest Rate Swap.

Gambling.com Group reported Q1 2026 financial results, including a net loss of $1.2 million and a 43% decrease in Adjusted EBITDA to $9.0 million, while revenue remained flat at $40.4 million. The company announced an AI transformation-led restructure, expected to reduce its workforce by 25% and deliver $13 million in annualized savings, with half realized in H2 2026. Full-year 2026 guidance was adjusted to $165M-$170M revenue and $45M-$50M Adjusted EBITDA, anticipating margin expansion in the second half.