Gentoo Media releases early Q4 & 2025 full-year results
By
Dan
Kleiner
Editor
Gentoo Media has released its unaudited Q4 and full-year results, with a recorded revenue of €98.6 million (£85.4 million/$117.8 million) from the previous calendar year.
Ahead of the full release of its Q4 and full-year results on 24 February 2026, the affiliate recorded around €25.5 million between October and December. Adjusted EBITDA for the period is expected at €14.9 million, with cash from operations at €10.4 million.
The company acknowledged that it ended Q4 with end-user deposit volumes at partner operations having exceeded €200 million and that the business has continued to operate on a structurally optimised and disciplined cost base. This it believes provides a stable platform for continued margin expansion and stronger cash flow generation.
For its full-year expected results for 2025, Gentoo’s revenue hit around €98.6 million with an adjusted EBITDA of €41.4 million. Cash from operations across the whole year was at €33 million.
In 2025, the affiliate incurred around €5 million in non-recurring costs related to operational improvement and restructuring, alongside €38 million in cash outflows related to M&A and corporate split activities.
Record-high deposit volumes
The company acknowledged that it ended Q4 with record-high end-user deposit volumes at partner operations, having exceeded €200 million and that the business has continued to operate on a structurally optimised and disciplined cost base. This it believes provides a stable platform for continued margin expansion and stronger cash flow generation.
The affiliate confirmed that its first month of trading in 2026 is currently “in line with budget and management expectations”.
Gentoo also intends to issue a three-year senior secured floating rate bond of €120 million, which will be split between Swedish Krona and Euro. The proceeds are intended to refinance the company’s existing bonds in both currencies.
2026 outlook
Looking ahead to the end of 2026, Gentoo Media provided its financial target guidance where it expects to bring in revenue of around €105-115 million, adjusted EBITDA between €49-54 million and cash from operations around €37-41 million. Cash outflow related to deferred payments is targeted for €3.5 million.
The affiliate also expects the 2026 sporting calendar, which features the FIFA World Cup, to be a driver for higher user activity and results.