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Angler Gaming (ANGL) investor relations material
Angler Gaming Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 saw revenues decrease 16.53% year-over-year to €7.81M, but EBIT rose 58.40% to €1.86M and net profit surged 1018.76% to €1.49M.
For the full year 2025, revenues declined 23.81% to €30.56M, while EBIT increased 21.23% to €6.19M and net profit jumped 148.67% to €4.53M.
Major software update to the proprietary iGaming platform completed in Q4, enhancing configurability for partners.
Marlin Media Ltd launched its first proprietary AI-powered casino search engine, marking a milestone in technology-led growth.
Financial highlights
Q4 EBIT margin improved to 23.78% from 12.53% year-over-year; net profit margin reached 19.02%.
Earnings per share in Q4 rose to €0.0198 from €0.0018; full-year EPS was €0.0604, up from €0.0243.
Customer deposits in Q4 increased 19% year-over-year to €23.37M; full-year deposits were €84.27M.
Active customers and new registrations declined significantly year-over-year.
Outlook and guidance
Trading update for Q1 2026 indicates average daily net gaming revenue up 7.5% versus Q1 2025.
Focus remains on profitability, positive cash flow, and investment in long-term growth engines.
No dividend recommended for 2025; priority is on sales growth, innovation, and cash flow build-up.
- Net profit surged 67% in Q3 2025 despite a 17.9% revenue decline, driven by operational gains.ANGL
Q3 202512 Nov 2025 - Revenue and profit fell in Q2, but H1 net profit rose; platform and B2B focus continues.ANGL
Q2 202520 Aug 2025 - EBIT and net profit surged in Q3 2024 despite lower revenue, reflecting strong margin gains.ANGL
Q3 202413 Jun 2025 - Q2 EBIT and net profit surged, with strong customer growth and ongoing strategic investments.ANGL
Q2 202413 Jun 2025 - Net profit soared 64% despite revenue drop, driven by cost control and B2B model shift.ANGL
Q1 20256 Jun 2025 - Full-year EBIT up 37.7% and dividend resumes as 2025 starts with higher daily revenues.ANGL
Q4 20245 Jun 2025
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