Kambi Group Reports Strong Q3 Growth with 23% Revenue Increase and Significant EBITA Surge
Kambi Group plc reported robust third-quarter financial results, highlighted by a 23% year-over-year increase in revenue to €46 million. The company achieved a gross profit of €37.2 million, maintaining a strong margin of 80.9%. Profitability metrics showed substantial improvement, with adjusted EBITA (acq) rising 161% year-over-year to €7.9 million, representing a 17.3% margin. Operating profit also saw significant growth, reaching €5.1 million compared to €1.6 million in the prior year period. Based on these results, Kambi Group has updated its full-year guidance, now estimating adjusted EBITA (acq) to be approximately €26 million.
Topics: earnings report financial guidance profitability revenue growth
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