Gentoo Media Achieves Record Growth in Q4 2024 Financials

Gentoo Media Celebrates Remarkable Q4 2024 Results
Gentoo Media has once again outdone itself, closing the year with an impressive quarter that marks the 16th consecutive period of record-breaking revenue for the company.
Financial Highlights for Q4 2024
Gentoo Media Inc. has released its financial report for the fourth quarter of 2024, reporting an astounding revenue of EUR 35.9 million. This reflects a robust increase of 38% compared to the previous year, underscoring the company’s ongoing success. For the full year, the overall revenue reached EUR 124.5 million, an impressive 41% increase year-over-year, with EBITDA arriving at EUR 56.6 million, representing a solid 45% margin when excluding split-related costs.
Transformative Year for Gentoo Media
The year 2024 has proven to be transformative for Gentoo Media. Following a successful strategic split, the Group is now poised to operate as a stand-alone entity, providing opportunities to leverage market potential and enhance operational effectiveness.
Statements from Leadership
Jonas Warrer, CEO of Gentoo Media, expressed his satisfaction with the results: "I am thrilled to present our fourth quarter report for 2024, demonstrating our 16th consecutive period of record-high revenue. This growth is a testament to the effectiveness of our strategic approach and our commitment to generating long-term value for our shareholders."
Mikael Harstad, Chairman of the Board at Gentoo Media, added: "Gentoo Media has established itself as a formidable player in the global market, while controlling only a modest market share. This scenario presents us with considerable growth prospects. The management team and board are optimistic about the future, as we aim to solidify our position as an industry leader into 2025 and beyond."
Key Highlights from Q4 2024
- The company recorded all-time high revenues of EUR 35.9 million, with 18% of that growth being organic.
- EBITDA prior to special items reached EUR 14.3 million, translating to an EBITDA margin of 40%.
- EBIT was reported at EUR 9.8 million, reflecting a margin of 27%.
- Deposits for the quarter amounted to EUR 200 million, reflecting a strong year-over-year growth of 27%.
- As of Q4, Gentoo Media operates solely as an affiliate-focused business following the distribution of its Platform & Sportsbook division.
- Post-split, the company anticipates improved cash flow from operations, allowing for enhanced capital allocation and the potential for higher returns on investment.
- In 2024, Gentoo Media provided EUR 46 million in funding to its Platform & Sportsbook business.
Upcoming Events and Presentations
Jonas Warrer, CEO of Gentoo Media, is set to host a live presentation of the Q4 2024 results. This livestream event is scheduled to take place today at 10:00 CET, and it will include a Q&A session, welcoming participation from investors, analysts, and journalists. This presentation promises to deliver valuable insights into the company's success and future trajectory.
Contact Information
For more information, please contact:
Jonas Warrer, CEO, +45 30788450
Mikael Harstad, Chairman of the Board, +44 737674852
Tore Formo, Group CFO, +47 91668678
About Gentoo Media
Gentoo Media is a leading affiliate platform connecting players and operators in the online gambling landscape. The company provides a variety of iGaming affiliate solutions, including expert marketing strategies and high-quality traffic through its well-known industry sites such as AskGamblers, Time2Play, CasinoTopsOnline, and Casinomeister. Following its transformation, Gentoo Media (formerly known as GiG Media) is now an independent company, dual-listed on prominent stock exchanges. This strategic shift positions the company strongly for future growth and market expansion.
Frequently Asked Questions
What are the financial highlights of Gentoo Media for Q4 2024?
Gentoo Media reported a revenue of EUR 35.9 million in Q4 2024, a 38% increase from the previous year, with full-year revenue reaching EUR 124.5 million.
How has Gentoo Media transformed in 2024?
In 2024, Gentoo Media successfully completed a strategic split and is now operating as a stand-alone affiliate-focused company, positioning itself for significant growth opportunities.
Who leads Gentoo Media?
Jonas Warrer serves as the CEO, and Mikael Harstad is the Chairman of the Board.
What is the company's outlook for the future?
Gentoo Media is optimistic about 2025 and beyond, looking to solidify its position in the industry while exploring new growth avenues.
How can investors stay informed about Gentoo Media?
Investors can participate in live presentations, Q&A sessions, and access detailed reports to stay updated on the company's performance and strategies.
About The Author
Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.