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GAMB (Gambling.com Group) Gross Margin % : 94.76% (As of Sep. 2024)


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What is Gambling.com Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gambling.com Group's Gross Profit for the three months ended in Sep. 2024 was $30.4 Mil. Gambling.com Group's Revenue for the three months ended in Sep. 2024 was $32.1 Mil. Therefore, Gambling.com Group's Gross Margin % for the quarter that ended in Sep. 2024 was 94.76%.


The historical rank and industry rank for Gambling.com Group's Gross Margin % or its related term are showing as below:

GAMB' s Gross Margin % Range Over the Past 10 Years
Min: 91.61   Med: 93.87   Max: 96.13
Current: 91.61


During the past 5 years, the highest Gross Margin % of Gambling.com Group was 96.13%. The lowest was 91.61%. And the median was 93.87%.

GAMB's Gross Margin % is ranked better than
94.91% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.675 vs GAMB: 91.61

Gambling.com Group had a gross margin of 94.76% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gambling.com Group was 0.00% per year.


Gambling.com Group Gross Margin % Historical Data

The historical data trend for Gambling.com Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gambling.com Group Gross Margin % Chart

Gambling.com Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - - 96.13 91.61

Gambling.com Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.89 84.36 92.36 95.30 94.76

Competitive Comparison of Gambling.com Group's Gross Margin %

For the Gambling subindustry, Gambling.com Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gambling.com Group's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gambling.com Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gambling.com Group's Gross Margin % falls into.



Gambling.com Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gambling.com Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=99.5 / 108.652
=(Revenue - Cost of Goods Sold) / Revenue
=(108.652 - 9.112) / 108.652
=91.61 %

Gambling.com Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=30.4 / 32.118
=(Revenue - Cost of Goods Sold) / Revenue
=(32.118 - 1.683) / 32.118
=94.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Gambling.com Group  (NAS:GAMB) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gambling.com Group had a gross margin of 94.76% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Gambling.com Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Gambling.com Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gambling.com Group Business Description

Traded in Other Exchanges
Address
22 Grenville Street, Saint Helier, Channel Islands, JEY, JE4 8PX
Gambling.com Group Ltd is a multi-award-winning performance marketing company and a provider of digital marketing services in the online gambling industry. Its principal focus is on online casino and online sports betting and the fantasy sports industry. It generates revenue by referring online gamblers to online gambling operators.