Gentoo Media reports Q4 2024

18 Feb 2025 08:00 CET

Gentoo Media closes the year with another record-breaking quarter, marking the
16th consecutive period of all-time high revenue for the company.

Gentoo Media Inc. presents its Q4 2024 financial report, with record-high
revenue of EUR 35.9 million, up 38% year-over-year, marking the 16th consecutive
quarter of growth. Full year revenue was EUR 124.5 million (an increase of 41%
YoY) with  EBITDA of EUR 56.6 million representing a margin of 45%. (excluding
split-related costs).

2024 was a transformative period for the company and after successfully
completing a strategic split, the Group is well positioned as a stand-alone
business to capitalise on growth opportunities and enhance its market presence.

Jonas Warrer, CEO of Gentoo Media: "I am pleased to present our fourth quarter
report for 2024, marking the 16th consecutive period of all-time high revenue
for Gentoo Media. This sustained growth demonstrates the strength of our
strategy and commitment to delivering long-term value to our shareholders".

Mikael Harstad, Chairman of the Board at Gentoo Media:"Gentoo Media has
established itself as a major player in a global industry but still only has a
small market share, presenting substantial growth opportunities. Management and
the board are excited about the road ahead, further positioning the company as
an industry leader in 2025 and beyond."

Q4 2024 highlights

· Gentoo Media reported all-time high revenues of EUR 35.9 million, up 38%
YoY, of which 18% organic growth
· EBITDA before special items reached EUR 14.3 million, an EBITDA-margin of
40%
· EBIT reached EUR 9.8 million, with a margin of 27%
· Quarterly value of deposits reached EUR 200 million, up 27% YoY, bringing
full-year deposits to EUR 767 million
· By Q4 Gentoo Media is now purely an affiliate-focused business after
distribution of the Platform & Sportsbook division to shareholders on 30
September 2024
· Post-split, cash flow from operations will improve, enhancing capital
allocation flexibility. Gentoo Media is now better positioned to drive strong
returns and investor value
· Throughout 2024 Gentoo Media has funded Platform & Sportsbook business with
EUR 46 million

Investor presentation and webcast
CEO of Gentoo Media, Jonas Warrer, will host a presentation of the Q4 2024
results via livestream at 10:00 CET today. The presentation will be followed by
a Q&A-session, and investors, analysts and journalists are welcome to
participate. The presentation will be given in English.

Link to the livestream:
https://www.redeye.se/events/1067755/live-q-gentoo-media-2

For further information, contact:
Jonas Warrer, CEO, jonas.warrer@g2m.com, +45 30788450
Mikael Harstad, Chairman of the Board, mikael.harstad@g2m, +44 737674852
Tore Formo, Group CFO, tore.formo@g2m.com +47 91668678

This information is information that Gentoo Media Inc. is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact person set out above, at 08:00
CET on 18 February 2025.

About Gentoo Media
Gentoo Media is a market-leading affiliate connecting operators and players in
the online gambling and sports betting industry. Gentoo Media offers an array of
iGaming affiliate solutions, such as paid marketing expertise and quality
traffic through our prominent industry sites including AskGamblers, Time2Play,
CasinoTopsOnline, WSN and Casinomeister. Through its subsidiary Titan Inc. the
company also sells SEO and content services to online businesses. In 2024,
Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal
split separating the Media and Platform and Sportsbook business in Gaming
Innovation Group (GiG) into two independently listed companies. Gentoo Media
Inc. is dual listed on the Oslo Stock Exchange (ticker "G2MNO") and Nasdaq
Stockholm (ticker "G2M"). www.gentoomedia.com

More information:
Access the news on Oslo Bors NewsWeb site

639011_Gentoo_Media_Q4_2024.pdf
639011_Gentoo_Media_Q4_2024_Presentation.pdf