Gentoo Media

* Q2 adj. EBITDA 19% below FactSet consensus * '26 adj. EBITDA guidance down to EUR 44-47m (49-54m) * Value of deposits up 3% q-o-q to EUR 207m Q2 outcome Gentoo reported Q2 revenue of EUR 22.9m, corresponding to a -9% y-o-y decline. This was 12% below...

* Q2e: 6% revenue growth y-o-y * '26e adj. EBITDA just below the low end of '26 guidance * Trading ~30% below peers at ~4x '26e EV/EBITDA World Cup unlikely to be a significant tailwind We expect Q2 revenue of EUR 26m, implying 6% y-o-y growth. This ...

* Sports margin weak in Feb'26 * Minor estimate revisions * Trading below peers at 4.0x '26e EV/EBITDA Sports margin held back the quarter Q1 was a bit softer than we had expected with respect to adj. EBITDA, which was 6% below our expectation but in...