Gentoo Media reported its interim results for the second quarter of 2025 and enters into H2 with updated full-year guidance.
The period marked the successful completion of the strategic realignment initiated in Q1, streamlining operations, stabilising the business, and sharpening the company’s focus. With these foundations in place, Gentoo Media enters the second half of the year positioned for long-term value creation.
Q2 2025 Financial Highlights
- Revenue: EUR 24.4 million (EUR 30.2 million), down 19% YoY, flat QoQ
- EBITDA before special items: EUR 7.5 million (EUR 14.8 million), margin 31% (49%)
- Cash flow from operations: EUR 7.7 million (EUR 6.2 million)
Performance in Q2 reflected the impact of deliberate operational recalibration, softer market conditions in Brazil, and the seasonal absence of major sporting events. However, planned cost reductions were delivered on schedule, with EBITDA margins recovering above 40% in June. Marketing investments boosted player intake by 43% QoQ and drove deposit values to EUR 195 million. Despite these strong operational drivers, revenue remained below expectations.
Updated Full-Year 2025 Guidance
In line with the company’s current trajectory and strategic realignment, Gentoo Media has updated its guidance:
- Revenue: EUR 100–105 million
- EBITDA before special items: EUR 40–43 million
- EBITDA Margin: 40%–41%
- Free cash flow from operations: EUR 27–30 million
Cash flow from investing activities totalled EUR -38 million, primarily related to M&A and demerger costs initiated in 2024. Of this, EUR 34.3 million had been paid by the end of July 2025, with most related outflows now concluded.
Outlook for H2 2025
Gentoo Media moves into the second half of 2025 as a leaner, more agile organisation. The groundwork laid in Q2 is already delivering improved performance, supported by growth in player intake, greater marketing efficiency, and encouraging early signs from the Brazilian market.
Further optimisation of the Publishing and Paid Media portfolios – including benefits from a positive Google Core update and a recalibrated acquisition model – positions the company for continued progress in the months ahead.
CEO Jonas Warrer will present the results in a livestream at 10:00 CET on 26 August 2025, followed by a Q&A session. Investors, analysts, and media representatives are welcome to join.
