Angler Gaming Q2 2025: Revenue Decline Amid Strategic Shift
Angler Gaming's Q2 2025 financial report reveals a notable decline in revenue and EBIT, yet a promising shift in business strategy.
Sammanfattning
Angler Gaming reports a 34.98% revenue decrease in Q2 2025, with strategic changes in B2B operations. Despite challenges, the company maintains a positive outlook.
Angler Gaming's financial report for the second quarter of 2025 presents a mixed picture of challenges and strategic adjustments. The company reported a significant 34.98% decline in revenues, dropping to €6,637,315 from €10,207,914 in the same period last year. Similarly, the EBIT decreased by 38.90% to €901,000, reflecting the company's ongoing challenges in the current economic climate.
Despite these declines, Angler Gaming has taken decisive steps to adapt its business model, particularly in its B2B operations. Effective from January 2025, the company renegotiated agreements with its B2B partners. This strategic move resulted in reduced revenues from B2B partners but also a reduction in costs, as payment-related expenses are now borne by the partners themselves. This shift is aimed at enhancing operational efficiency and profitability in the long run.
PremierGaming Ltd, the Group's B2C subsidiary, which focuses on Northern Europe, contributed 5.78% to the Group's revenues in Q2 2025. The subsidiary has strategically reduced marketing spending in Sweden to better evaluate customer lifetime value, a move that could optimize future revenue streams.
In the face of declining revenues, Angler Gaming's net profit for the half-year increased by 20.47% compared to the previous year, indicating improved cost management and operational efficiency. The company's focus on disciplined growth is further evidenced by the integration of a predictive churn prevention tool, aimed at enhancing customer retention on its iGaming platform.
CEO Thomas Kalita remains optimistic, highlighting the company's focus on sustainable growth. The company paid out a €997,300 dividend, reflecting its commitment to shareholder value. Despite a challenging environment, the average daily net gaming revenue in Q3 2025 showed a slight increase compared to Q2 2025, suggesting positive momentum.
Given the current financial landscape and strategic initiatives, investors might consider a 'hold' position on Angler Gaming. The company is in a transitional phase, and while short-term challenges persist, its strategic focus on operational efficiency and sustainable growth holds promise for the future.
Källa
Sammanfattning
The financial report for the period ending 30th June 2025 highlights a decrease in revenues by 34.98% to €6,637,315, and a decrease in EBIT by 38.90% to €901,000 compared to the same quarter last year. The EBIT margin was 13.57%, and net profit decreased by 32.30% to €465,183. Earnings per share were €0.0062. PremierGaming Ltd, a B2C subsidiary, contributed 5.78% to the Group’s revenues in Q2 2025. A new B2B business model was implemented from January 2025, affecting revenues and costs. A trading update for Q3 2025 shows a 17.4% decrease in average daily net gaming revenue compared to Q3 2024, but a 3.2% increase compared to Q2 2025. A dividend of €997,300 was paid in June 2025, and available cash flow from operations at the end of Q2 2025 was €868,000. Premiergaming Ltd reduced marketing spending in Sweden, while Marlin Media Ltd expanded its portfolio with new SEO features. The Annual and Sustainability Report 2024 was published on 30th April 2025. Post-Q2 2025, a predictive churn prevention tool was integrated into the Group’s iGaming platform. For the half-yearly 2025, revenues decreased by 29.73% to €14,821,469, and EBIT decreased by 13.46% to €2,633,394, while net profit increased by 20.47% to €1,821,614. Earnings per share were €0.0243. CEO Thomas Kalita noted the focus on operational efficiency and sustainable growth, with a slight increase in Q3 2025 net gaming revenue and satisfaction with the dividend payout and positive cash flow.
