Gentoo Media Reports 16th Consecutive Quarter of Growth

Strong Financial Performance in Q4 2024

Gentoo Media’s latest financial results confirm its ongoing growth. In Q4 2024, revenue climbed to EUR 35.9 million, up 38% year-over-year. Organic growth contributed 18% to this increase. For the full year, revenue totaled EUR 124.5 million, representing a 41% rise. Meanwhile, EBITDA reached EUR 56.6 million, maintaining a 45% margin when excluding restructuring costs.

2024 was a transformative year for Gentoo Media. The company completed a strategic split, becoming a pure affiliate business. As a result, the Platform & Sportsbook division was distributed to shareholders on September 30, 2024. This move strengthened the company’s financial standing. Additionally, post-split cash flow is expected to improve, providing greater flexibility for capital allocation.

Management’s Perspective on Growth and Market Position

CEO Jonas Warrer highlighted the company’s sustained success:

“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.”

Chairman of the Board Mikael Harstad emphasized expansion potential:

“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.”

Key Financial Metrics

• Revenue: EUR 35.9 million in Q4 2024 (+38% YoY)
• EBITDA (excluding special items): EUR 14.3 million (40% margin)
• EBIT: EUR 9.8 million (27% margin)
• Quarterly Deposits: EUR 200 million (+27% YoY), totaling EUR 767 million for the full year