Gentoo Media reported Q3 2024 revenue of €30.4m, up 35% year on year, including 12% organic growth. Adjusted EBITDA rose 48% to €14.6m, while special items linked to its September separation from Gaming Innovation Group were capped at €600,000. Gentoo maintained 2024 revenue guidance of €125m-€135m and an EBITDA margin of 45%-50%.
Investors and suppliers can assess Gentoo’s revenue growth, higher EBITDA and maintained 2024 guidance.
Quarter ended 30 June 2026
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Gaming Innovation Group reported a €5.22m after-tax loss for the first quarter, with revenue of €9m and adjusted core earnings of €200,000. The company said it is targeting €4.5m in annual cost reductions and moving clients from Alira to its CoreX platform. GiG maintained full-year revenue guidance of €44m to €48m and forecast core earnings of up to €13m.
Gentoo Media reported Q1 2025 revenue of €24.8m, down 11% from €28.0m a year earlier, and a fall in EBITDA margin from 48% to 33%. The company reported a €2.7m loss, compared with €9.7m profit in Q1 2024, and said it expects full-year revenue broadly in line with 2024 and an EBITDA margin of 40%-45%.
Gaming Innovation Group reported Q3 2024 revenue of €7.4 million, down 21% year on year, in its first financial results since separating from Gentoo Media. Adjusted EBITDA was a €1.1 million loss, while the company forecast 2025 revenue of at least €44 million and EBITDA of at least €10 million.
Phil Richards left his role as Gaming Innovation Group’s chief financial officer in October, according to the report, after two-and-a-half years in the position. He said on LinkedIn that he would become CFO of Chaos in December; the report also said he joined GiG in July 2024.
After two-and-a-half years as finance chief, Phil Richards has left Gaming Innovation Group (GiG). Richards shared the news on LinkedIn on 2 November. He said he left the company in October and joins Chaos, a design and visualisation technology firm, as CFO in December.
Gaming Innovation Group said it plans to close its Alira platform in Spain during 2027 and increase its focus on CoreX. The company expects the closure to generate additional savings and consolidate its technology offering.