Gambling.com Group

I have been watching this company since the start of the year and have been waiting for the right moment to catch this gem.

At the core the fundamentals of this company stand out to me, with the company producing a strong quarter :

Key Highlights Include

Revenue: $40.6M (+39% YoY)

Adjusted EBITDA: $15.9M (+56% YoY)

Adjusted EBITDA Margin: 39% (up from 35%)

Net Income: $11.2M (+54% YoY)

Adjusted Net Income: $16.5M (+78% YoY)

Diluted EPS: $0.31 (vs. $0.19)

Adjusted EPS: $0.46 (vs. $0.24)

Free Cash Flow: $10.3M (+25% YoY)

NDCs (New Depositing Customers): 138,000+ (+29%)

Subscription Revenue: $9.9M (+405%), 24% of total revenue

The share price has been slowly declining over the past couple weeks and is nearing my golden Fibonacci zone. I will be looking for a long around the 11.26 zone. A correction of the share price back to its fair value is in order