Gentoo Media has recorded revenue of €22.7m (£20m) for the third quarter of 2025, representing a 23% decrease year on year (YoY) for the affiliate.

The firm partly attributed the revenue slide to a “short-term impact from weak September sports margins”. 

Additionally, “immature market conditions in Brazil”, as well as a negative impact of partner and website optimisations, were also cited as mitigating factors. 

The majority of the affiliate’s quarterly revenue (64%) was derived from revenue share agreements, while 23% came from listing fees and other deals. The remaining 13% came from cost per acquisition (CPA) agreements. 

Revenue generated in Europe accounted for 59% of Gentoo Media’s Q3 total, with the €13.4m representing a 21% YoY decline.

The Americas contributed 20% of Q3 revenue to the tune of €4.5m, down 26% YoY. 

EBITDA for the quarter totalled €9.3m, down from €13.1m the previous year.  Operating profit for the quarter came in at €4.3m, a decrease of 52.7% YoY.  

New depositing customers were down from 112,000 to 109,100, while the value of deposits was up from €192m to €195m.

The company noted that brands such as Casinotopsonline.com and Time2Play.com enjoyed steady improvements in traffic and revenue, aided by a favourable impact of June’s Google Core update. 

Gentoo Media CEO Jonas Warrer remarked on the “clear operational progress” made by the affiliate despite revenue falling below expectations. 

He said: “The third quarter of 2025 marked clear operational progress for Gentoo Media. The effects of the strategic realignment initiated earlier in the year are now visible across the business, reflected in stronger margins and a stabilised, more efficient cost base.  

“As we enter the final quarter, we do so with sharper execution, a streamlined structure and a solid platform for sustainable growth. The benefits of our right-sizing efforts and organisational simplification have begun to materialise as expected.  

“Actions taken in H1 to streamline operations, reduce complexity and focus resources on core priorities have strengthened underlying profitability and validated the decisions made in the first half of the year.” 

Warrer added that the organisational streamlining the company has undertaken this year is starting to bear fruit. 

He continued: “The transformation initiated earlier in 2025 is now delivering tangible results. Gentoo Media enters Q4 with a leaner organisation and strengthened execution, well positioned to maximise year-end peak-season performance and carry this momentum into 2026.  

“Post-quarter performance has been encouraging: October delivered +15% revenue growth compared to September, and with November trending even further ahead. With these developments, the company remains on track to meet its full-year 2025 targets.  

“I would like to thank our employees for their dedication and adaptability throughout this transition, and our partners and investors for their continued trust and support. 

“Together, we are positioning Gentoo Media for long-term, profitable growth built on operational focus, efficiency and the strength of our global brands and local champion sites.”

The post Gentoo Media Q3 revenue slides 23% YoY following slow September  first appeared on EGR Intel.