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Notification of reformat of income statement in Kambi Group Plc

Published

2 months ago

April 17, 2025

George Miller

Notification of reformat of income statement in Kambi Group Plc

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From Q1 2025, Kambi will amend the way data supplier costs are presented in its income statement. They will be reclassified from operating expenses to cost of sales, and result in a new sub-total: gross profit. This better presents them as variable costs related to delivery of revenue streams, allowing for easier comparison.

Furthermore, Kambi has decided to change the naming of its alternative performance measures (APMs) and to start using Adjusted EBITA (acq) and Adjusted EBITDA (previously EBITA (acq) and EBITDA) to make it more apparent that items affecting comparability are excluded from these measures.

Old name	New name	Definition
EBITA (acq)	Adjusted EBITA (acq)	Earnings before interest, taxation, amortisation on acquired intangible assets and items affecting comparability.
EBITDA	Adjusted EBITDA	Earnings before interest, taxation, depreciation, amortisation on both acquired intangible assets and capitalised development costs and items affecting comparability.

To allow for a more condensed income statement, a reconciliation from Operating profit to Adjusted EBITA (acq) and Adjusted EBITDA will be included separately.

Reformatted figures for 2023 and for 2024 are attached to this announcement.

Related Topics:income statement Kambi

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George Miller

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.