{"id":134,"date":"2026-04-29T05:45:00","date_gmt":"2026-04-29T05:45:00","guid":{"rendered":"https:\/\/staging.kambi.com\/press-release\/kambi-group-plc-q1-2026-report\/"},"modified":"2026-09-01T15:38:43","modified_gmt":"2026-09-01T14:38:43","slug":"kambi-group-plc-q1-2026-report","status":"publish","type":"press_release","link":"https:\/\/www.kambi.com\/es\/investors\/news-pr\/kambi-group-plc-q1-2026-report\/","title":{"rendered":"Kambi Group plc Q1 2026 Report"},"content":{"rendered":"<div class=\"mfn-preamble\">\n<p><em><strong>&#34;Our Q1 2026 results represent a strong start to the year and underscore the increasingly positive trajectory the business is now on&#34; <\/strong><\/em><strong>\u2013 says Werner Becher, CEO of Kambi Group<\/strong><\/p>\n<\/div>\n<div class=\"mfn-body\">\n<p><strong>Financial highlights<\/strong><\/p>\n<ul>\n<li>Revenue in the first quarter of 2026 totalled \u20ac43.5m (41.5m), an increase of 4.9%<\/li>\n<li>Adjusted EBITA (acq) increased 63.5% in Q1 2026 to \u20ac5.7m (3.5m<sup>1<\/sup>) at a margin of 13.0% (8.4%)<\/li>\n<li>Operating expenses were \u20ac31.9m (32.6m), a decrease of 2.1%<\/li>\n<li>Total expenses were \u20ac39.2m (39.3m2), a decrease of 0.4%<\/li>\n<li>Operating profit was \u20ac4.2m (0.8m), at a margin of 9.7% (2.0%)<\/li>\n<li>Cash flow (excluding working capital, M&amp;A and financing activities) amounted to \u20ac7.3m (7.7m)<\/li>\n<li>Earnings per share for the first quarter were \u20ac0.086 (0.027)<\/li>\n<\/ul>\n<p><strong>Key operational highlights<\/strong><\/p>\n<ul>\n<li>Selected by Atlantic Lottery Corporation and British Columbia Lottery Corporation to power multi-province Canadian sportsbook solution covering seven of Canada\u2019s 10 provinces<\/li>\n<li>Agreed a long\u2011term Turnkey Sportsbook partnership with Pari Mutuel Urbain (PMU) and completed the launch of its new online sportsbook, marking Kambi\u2019s entry into the regulated French market<\/li>\n<li>Completed several key partner launches including Ontario Lottery and Gaming Corporation as well as new partners LCKY Group in Sweden and Pickwin in Mexico<\/li>\n<li>Continued positive Odds Feed+ momentum through a multi-year agreement with ComeOn Group, expanded content delivery to Hard Rock Bet Sportsbook and launches with Coolbet and LeoVegas<\/li>\n<\/ul>\n<p><sup>1<\/sup> <em>The definition of adjusted EBITA (acq) has been updated to exclude the impact of foreign exchange revaluations (a gain of \u20ac0.1m in Q1 2026 and a loss of \u20ac1.2m in Q1 2025). Further detail can be found in the report on page 8, 16 and 17.<\/em><\/p>\n<p>\u201cI am pleased to present our Q1 2026 results, which mark a strong start to the year and underscore the increasingly positive trajectory the business is now on. During the quarter, we delivered improved financial performance alongside continued commercial momentum. Revenue in the quarter increased by 5% year\u2011on\u2011year to \u20ac43.5m, while adjusted EBITA (acq) increased by 64% over the same period to \u20ac5.7m, reflecting increased operating leverage in the business.<\/p>\n<p>Our strengthening financial and commercial position supports our guidance of a full\u2011year adjusted EBITA (acq) range of \u20ac20 &#8211; 25m. This outlook now reflects the impact of the newly introduced sports betting tax in Colombia, which replaced the temporary VAT levy withdrawn in February. Although the new tax is expected to result in an approximate \u20ac4m revenue reduction in 2026, we remain confident in our ability to deliver adjusted EBITA (acq) within our stated guidance range.<\/p>\n<p>Today, we announced a significant partnership with Atlantic Lottery Corporation and British Columbia Lottery Corporation, which will soon see Kambi provide our online and retail Turnkey Sportsbook across seven provinces in Canada. This follows a thorough tender process where our capability, experience and probity made us the standout choice to supply a new nationwide sports betting solution. When coupled with our existing partnership with Ontario Lottery &amp; Gaming Corporation, Kambi will be powering the sportsbooks for lotteries in eight of the 10 provinces in Canada.<\/p>\n<p>This exciting news comes shortly after announcing a long\u2011term partnership agreement with PMU, one of France\u2019s most established and recognisable betting brands. PMU has now launched its new betting app, integrating the Kambi sportsbook alongside its racing product for the first time to drive meaningful cross\u2011sell opportunities. This launch represents Kambi\u2019s entry into the regulated French sports betting market, and I am optimistic about supporting PMU\u2019s ambition to grow market share in one of Europe\u2019s largest betting markets. The PMU agreement, along with our expansion in Canada, illustrates Kambi\u2019s growing relevance among leading national and institutional operators.<\/p>\n<p>In addition, we secured several other important agreements during Q1, including Turnkey Sportsbook deals with tribal operator 4 Bears Casino and Lodge in North Dakota and SuomiVeto in Finland, and a multi\u2011jurisdictional Odds Feed+ agreement with ComeOn Group.<\/p>\n<p>We continued to deepen existing partnerships during the quarter. Notably, we expanded content access for Odds Feed+ partner Hard Rock Bet Sportsbook, providing pricing for major events such as the Winter Olympics and March Madness, as well as a broader range of outright markets across key US sports. This builds on a partnership that already includes access to our full tennis offering and a wide selection of tier\u2011one domestic football leagues.<\/p>\n<p>Operationally, we are working closely with partners ahead of the upcoming FIFA World Cup, rolling out a series of product enhancements across front end, rewards, offering expansion and trading. These improvements are designed not only for the tournament itself, but to deliver lasting value well beyond it. At the same time, we continue to expand our AI\u2011driven trading capabilities. Following early-stage rollouts across tennis and basketball, more than 60% of Q1 bets were priced and traded by AI, a proportion that is set to increase further following the recent expansion into ATP tennis.<\/p>\n<p>While external challenges remain, we have started the year on the front foot. Kambi continues to offer market\u2011leading turnkey and odds feed products, we are progressing on efficiency and productivity initiatives, and we are entering the busiest period of the global sports calendar with confidence. Against this backdrop, I believe the broader outlook for the business remains bright and I am encouraged by the opportunities ahead.\u201d<\/p>\n<p><strong>Invitation to presentation of the report<\/strong><br \/>Kambi invites analysts, investors, and media to a presentation of the report at 10.00 CEST on Wednesday 29 April 2026. The presentation will be held in English by Kambi\u2019s CEO Werner Becher and CFO David Kenyon and can be accessed using the links below. After the presentation there will be the opportunity to ask questions.<\/p>\n<p>Webcast:<br \/>If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions.<br \/><a href=\"https:\/\/gbr01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fedge.media-server.com%2Fmmc%2Fp%2Fyx4gz76h&amp;data=05%7C02%7Cmattias.frithiof%40kambi.com%7C1f3db4e684844c1c866c08de96d880ef%7Ce3ec1ec4b9944e9e82e080234621871f%7C0%7C0%7C639114053793731214%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=AFm2XWf%2FrB8k%2BlycxCE2Q6Vhqaag74x3Z6LmOServJQ%3D&amp;reserved=0\" rel=\"noopener\" target=\"_blank\">https:\/\/edge.media-server.com\/mmc\/p\/yx4gz76h<\/a><\/p>\n<p>Teleconference:<br \/>If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.<br \/><a href=\"https:\/\/gbr01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fregister-conf.media-server.com%2Fregister%2FBI46da7b0b1386486aa852a2f374e22b0e&amp;data=05%7C02%7Cmattias.frithiof%40kambi.com%7C1f3db4e684844c1c866c08de96d880ef%7Ce3ec1ec4b9944e9e82e080234621871f%7C0%7C0%7C639114053793756405%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vv4CEXHQ6jqF0wJSffEcxUG35DfdZ2eXdz5ouaXpIH4%3D&amp;reserved=0\" rel=\"noopener\" target=\"_blank\">https:\/\/register-conf.media-server.com\/register\/BI46da7b0b1386486aa852a2f374e22b0e<\/a><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-3bd1a7eea613\">\n<p><strong class=\"mfn-heading-1\">For further information, please contact:<\/strong><\/p>\n<hr\/>\n<p>Mattias Frithiof<br \/>SVP Investor Relations &amp; Sustainability<br \/><a href=\"mailto:Mattias.Frithiof@kambi.com\" rel=\"noopener\" target=\"_blank\">Mattias.Frithiof@kambi.com<\/a><br \/>Mobile: +46 73-599 45 77<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-69f15e07a220\">\n<p><strong class=\"mfn-heading-1\">About Kambi<\/strong><\/p>\n<hr\/>\n<p>Kambi Group is the home of premium sports betting services for licensed B2C gaming operators. Kambi\u2019s portfolio of market-leading products include Turnkey Sportsbook, Odds Feed+, Managed Trading, Bet Builder, Esports, Front End and Sportsbook Platform. Kambi Group also operates esports data and odds supplier Abios, front end technology experts Shape Games and cutting-edge AI trading division Tzeract. Kambi Group\u2019s partners include ATG, Bally\u2019s Corporation, Corredor Empresarial, Kindred Group, LeoVegas, LiveScore, Rush Street Interactive and Svenska Spel. Kambi Group employs more than 1,000 staff across offices in Malta (headquarters), Australia, Denmark, Philippines, Romania, Sweden, the UK and the United States.<\/p>\n<p>Kambi utilises a best of breed security approach and is ISO 27001 and eCOGRA certified. Kambi Group plc is listed on Nasdaq First North Growth Market under the symbol &#34;KAMBI&#34;.<\/p>\n<p>The Company&#39;s Certified Advisor is Redeye Nordic Growth AB.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-regulatory mfn-regulatory-mar\">\n<p><em>This information is information that Kambi Group plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-04-29 07:45 CEST.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Attachments<\/strong><\/p>\n<hr\/>\n<p><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/b42bfc4f-d025-4038-a0ac-9e337a714a63\/kambi-group-plc-q1-2026.pdf\" rel=\"noopener\" target=\"_blank\">Kambi Group Plc Q1 2026<\/a><\/p>\n<\/div>\n","protected":false},"featured_media":4771,"template":"","meta":{"_acf_changed":false,"wpcf-remoteid":"00286d11-3fad-4e50-a06b-870699a91437","wpcf-regulated":"1","wpcf-isfinancial":"0","wpcf-publishedyear":"2026","wpcf-published":"1777441500","banc-mfn-type":"ir","banc-mfn-lang":"en"},"press_release_type":[262,258,261,269,54,58],"class_list":["post-134","press_release","type-press_release","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kambi Group plc Q1 2026 Report - www.kambi.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kambi.com\/pt-br\/investors\/news-pr\/kambi-group-plc-q1-2026-report\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kambi Group plc Q1 2026 Report - www.kambi.com\" \/>\n<meta property=\"og:description\" content=\"&#034;Our Q1 2026 results represent a strong start to the year and underscore the increasingly positive trajectory the business is now on&#034; 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