Gambling.com Group Ltd (GAMB) Form 6-K — May 14, 2026
Gambling.com Group reported a first-quarter 2026 net loss of $1.2 million, a stark reversal from the $11.2 million net income recorded in the same period last year. Revenue remained flat at $40.4 million, but operating profit collapsed by 67% to $3.3 million due to rising costs associated with traffic diversification strategies and increased AI usage, which compressed adjusted EBITDA margins from 39% to 22%. The company announced a significant restructuring plan in May 2026, targeting a reduction of approximately 25% of its workforce to streamline operations and reduce costs.
Key figures
- Revenue
- 40440000
- Total Debt
- 121250000
- Cash Position
- 8412000
- Revolver Drawn
- 57500000
- Adjusted EBITDA
- 9001000
- Operating Profit
- 3266000
- Revolver Available
- 32500000
- Term Loan Outstanding
- 63750000
- Workforce Reduction Percent
- 25
- Deferred Consideration Balance
- 36684000
AI analysis
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