Gentoo Media (G2M) Investor presentation summary

Investment highlights and growth strategy

• Achieved 500% YoY growth in sales pipeline and 100% YoY growth in partner launches, with projected 38% YoY revenue growth for 2025.

• Expanded sales pipeline to €50m annualized, driven by new product launches and enhanced qualification processes.

• Entered North American sweepstakes market through partnership with Primero, opening new revenue streams.

• Vertically integrated technology stack with advanced AI and machine learning capabilities.

• Strong, experienced management team with a proven track record in iGaming and M&A.

Financial performance and guidance

• Q2 2024 Platform & Sportsbook revenue was €7.3m, down 22% YoY due to client exits and accounting changes, but up 9% excluding these factors.

• Adjusted EBITDA for Q2 2024 declined to -€1.6m, impacted by investments in leadership, IT, and marketing.

• 2024 platform revenue guidance is €30m–€33m, with adjusted EBITDA expected between -€3.5m and -€2.5m.

• 2025 revenue expected to exceed €44m (+38% YoY), with EBITDA of at least €10m and a 23% margin; 82% of 2025 revenue already contracted.

• Cashflow breakeven targeted by Q3 2025.

Market landscape and positioning

• Global iGaming market estimated at €138b in 2024, with 11% CAGR; sweepstakes market projected to grow from $3.1b (2022) to $6.9b (2025) at 31% CAGR.

• Holds significant market shares in Argentina (37%), New Zealand (15.2%), and Spain (8.3%).

• 29+ global platform licenses, 70+ brands live, and operations in over 29 jurisdictions.

• Positioned as a full end-to-end provider with next-gen technology and rapid integration capabilities.