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Income Statement (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 32M | 5.2% |
| Gross Profit | 30M | 10.7% |
| Cost of Revenue | 1.7M | 44.9% |
| Operating expense | 21M | 6.2% |
| Net Income | 8.5M | 22.8% |
| EBITDA | 12M | 20.6% |
Balance Sheet (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 189M | 7.6% |
| Total Liabilities | 63M | 21% |
| Total Equity | 125M | 2% |
| Shares Outstanding | 36M | 3.1% |
Cash Flow (NONE)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 15M | 7639.4% |
| Cash from financing | -5.4M | 155.9% |
EPS
Financial Highlights for Gambling.com Group in Q3 '24
Gambling.com Group reported a revenue of 32M, which is a 5.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 30M, marking a 10.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.7M, a -44.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 21M, showing a 6.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 8.5M, showing a 22.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 12M, showing a 20.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Gambling.com Group with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
