Gentoo Media has reported Q4 2025 was its strongest for revenue and EBITDA performance of last year, with CEO Jonas Warrer insisting the affiliate is a “structurally stronger business” in 2026.
Revenue came in at €25.6m, which was a 2.9% increase on the previous quarter, yet this was a 16% year-on-year YoY slump, as management pointed to lower sports margins and “moderate seasonal uplift” in the final month of 2025.
However, EBITDA grew 47% YoY to €14.9m, the company revealed in earnings published today, 24 February.
The firm also noted Q4 marked an all-time high of more than €200m in deposits with partner operators, which Warrer said underlined “the quality of the traffic we generate”.
There was an 11% YoY decline in Americas revenue, though Gentoo Media said North America revenue grew over 40% YoY to reach record levels.
Europe and Americas revenue contributed 56% and 22% of Q4 revenue, respectively, in line with previous quarters.
Gentoo Media reported first time depositors amounted to 102,900, down from the 112,400 the previous year.
However, player intake in North America doubled YoY and accounted for 20% of users acquired during the period.
Player intake in Europe fell YoY, though, with numbers in the Nordics “remained broadly stable”, though no actual figures were provided.
Deposit value reached a record high of €202m, with full-year 2025 deposit value amounting to €774m.
The firm said this was an increase from 2024 despite regulation in Brazil and no major summer sporting events.
Looking ahead, Gentoo Media said it maintains its preliminary full-year 2026 guidance of revenue between €105m and €115m and EBITDA of €49m and €54m.
The outlook is based on a “structurally leaner cost base, reduced non-recurring cash outflows” and a sporting calendar that includes the World Cup this summer.
Commenting on the financial results, Warrer said: “Reflecting on the full year, 2025 has been demanding but constructive. Following an extended period of record revenue growth, we encountered a market environment characterised by short-term headwinds and a cost base built for higher growth.
“In response, we implemented a comprehensive cost and organisational right-sizing programme to better align the business with current market conditions while preserving our core capabilities and long-term potential.
“These actions began to deliver clear benefits in the second half of the year and are reflected in the stronger profitability and cash flow delivered in Q4.
“We exit 2025 as a leaner, more focused and more resilient company, with stronger margins and a business model that continues to generate substantial and predictable cash flow.”
Gentoo Media shares fell almost 6% in early trading today in Stockholm to SEK7.44 (60p).
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The post Gentoo Media revenue falls 16% YoY despite record partner deposits first appeared on EGR Intel.
Affiliate posts revenue of €25.6m and a 47% jump in EBITDA to almost €15m, as CEO Jonas Warrer says business exits 2025 “leaner” and “more resilient”
The post Gentoo Media revenue falls 16% YoY despite record partner deposits first appeared on EGR Intel.