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Regulatory press release

Gentoo Media PLC: Gentoo Media Plc. publishes 2024 Annual Report

Gentoo Media
Download the release

Gentoo Media PLC (G2M) today announces the publication of its 2024 Annual Report. The report is available in both PDF format and European Single Electronic Format (ESEF), and includes the company's 2024 Sustainability Report, including the EU taxonomy disclosures. All documents can be accessed via the group's website at www.gentoomedia.com. For the full year 2024, Gentoo Media reported total revenue of EUR 123 million, representing a 39% increase year-over-year. 

As part of the 2024 year-end close process, management has reassessed internal accounting policies and procedures. In alignment with IFRS 5, Gentoo Media has restated its condensed consolidated financial statements to reflect the split between Media (continuing operations) and Platform & Sportsbook (discontinued operations). The restatement includes reclassifications and certain provisions made after the Q4 2024 Interim Report. Additionally, adjustments have been made to reported revenue, representing a downward correction of approximately 1.5% of total revenue, due to revised accounting treatment of acquisition-related items. The reclassification between continuing and discontinued operations has also led to an increase of EUR 2 million in cash flow from operating activities.

For further information, contact:
Jonas Warrer, CEO, jonas.warrer@g2m.com, +45 30788450

 

About Gentoo Media
Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. Through its subsidiary Titan Inc. the company also sells SEO and content services to online businesses. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker "G2MNO") and Nasdaq Stockholm (ticker "G2M"). www.gentoomedia.com.
 

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