GRANDSTAND Ltd (GAMB) Form 6-K — Aug 13, 2026
Grandstand Limited, formerly Gambling.com Group Limited (GAMB, now trading as GRSD), reported Q2 2026 revenue of $37.8 million, down 5% year over year, with a net loss of $4.6 million or $0.13 per diluted share, results management described as in line with expectations. Adjusted EBITDA fell 44% year over year to $7.7 million as margin compressed to 20% from 35%, driven by a 119% jump in cost of sales tied to traffic diversification, while adjusted free cash flow rose 18% to $9.6 million and data revenue grew 12% to $11.2 million against a 10% marketing revenue decline.
Key figures
- Revenue
- 37764000
- Guidance
- FY2026 revenue of $165 to $170 million and Adjusted EBITDA of $45 to $50 million (reiterated)
- Total Debt
- 122300000
- Revenue Yoy
- -5%
- Total Assets
- 284423000
- Cash Position
- 8809000
- Data Revenue
- 11227000
- Adjusted Ebitda
- 7654000
- Cost Of Sales Yoy
- +119%
- Data Revenue Yoy
- +12%
- Six Month Revenue
- 78204000
- Buyback Remaining
- 14400000
- Marketing Revenue
- 26537000
- Term Loan Repaid Q2
- 2800000
- Adjusted Ebitda Yoy
- -44%
- Adjusted Net Income
- 2534000
- Operating Cash Flow
- 1788000
- Uk Ireland Revenue Q2
- 6413000
- Marketing Revenue Yoy
- -10%
- Adjusted Ebitda Margin
- 20%
- Adjusted Free Cash Flow
- 9641000
- Credit Facility Draw Q2
- 8000000
- Restructuring Costs Q2
- 3223000
- North America Revenue Q2
- 26324000
- Six Month Adjusted Ebitda
- 16655000
- Weighted Avg Diluted Shares
- 35502315
- Euro Usd Guidance Assumption
- 1.16
- Deferred Consideration Prepaid Q2
- 10400000
- Restructuring Savings H2 Expected
- approximately $6.5 million
AI analysis
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