Kambi Group posted €45.9M revenue in Q2, missing forecasts by $2.39M, though adjusted EBITA surged to €7.60M.
Kambi Group plc reported Q2 GAAP earnings per share of €0.13 on revenue of €45.9M, up 13.3% year-over-year but falling $2.39M short of expectations. The company’s adjusted EBITA more than doubled to €7.60M from the prior year, driven by strong performance during the FIFA World Cup, where it processed over €1.0B in turnover.
The revenue miss contrasts with a 13.3% annual increase, while adjusted EBITA growth outpaced consensus estimates. Kambi also raised its full-year 2026 adjusted EBITA target to €23.00-27.00M, signaling confidence in sustained profitability.
Shares showed muted reaction in early trading as investors weighed the revenue shortfall against the improved earnings outlook.