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Side-by-side financial comparison of Gambling.com Group Ltd (GAMB) and Red Cat Holdings, Inc. (RCAT). Click either name above to swap in a different company.

Gambling.com Group Ltd is the larger business by last-quarter revenue ($15.9M vs $9.6M, roughly 1.7× Red Cat Holdings, Inc.). Gambling.com Group Ltd runs the higher net margin — 0.4% vs -166.0%, a 166.4% gap on every dollar of revenue.

Gambling.com Group is a performance marketing and sports betting media company. The company provides digital marketing services for the online gambling industry.

Mega Cat Studios is an American video game development and publishing company located in Pittsburgh, Pennsylvania. It was founded in 2015 by James Deighan, Nick Mann, and Zack Manko.

GAMB vs RCAT — Head-to-Head

Bigger by revenue
GAMB
GAMB
1.7× larger
GAMB
$15.9M
$9.6M
RCAT
Higher net margin
GAMB
GAMB
166.4% more per $
GAMB
0.4%
-166.0%
RCAT

Income Statement — Q2 FY2022 vs Q3 FY2025

Metric
GAMB
GAMB
RCAT
RCAT
Revenue
$15.9M
$9.6M
Net Profit
$56.0K
$-16.0M
Gross Margin
96.9%
6.6%
Operating Margin
-14.1%
-181.7%
Net Margin
0.4%
-166.0%
Revenue YoY
988.2%
Net Profit YoY
-29.0%
EPS (diluted)
$0.00
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GAMB
GAMB
RCAT
RCAT
Q3 25
$9.6M
Q1 25
$1.6M
Q4 24
$0
Q1 24
$5.8M
Q2 22
$15.9M
$1.3M
Q1 22
$19.6M
$1.9M
Net Profit
GAMB
GAMB
RCAT
RCAT
Q3 25
$-16.0M
Q1 25
$-23.1M
Q4 24
$-13.3M
Q1 24
$-5.5M
Q2 22
$56.0K
$-4.8M
Q1 22
$4.5M
$-2.6M
Gross Margin
GAMB
GAMB
RCAT
RCAT
Q3 25
6.6%
Q1 25
-52.2%
Q4 24
Q1 24
18.8%
Q2 22
96.9%
25.2%
Q1 22
93.7%
18.3%
Operating Margin
GAMB
GAMB
RCAT
RCAT
Q3 25
-181.7%
Q1 25
-765.7%
Q4 24
Q1 24
-76.0%
Q2 22
-14.1%
Q1 22
21.8%
Net Margin
GAMB
GAMB
RCAT
RCAT
Q3 25
-166.0%
Q1 25
-1418.9%
Q4 24
Q1 24
-93.9%
Q2 22
0.4%
-367.8%
Q1 22
22.9%
-138.1%
EPS (diluted)
GAMB
GAMB
RCAT
RCAT
Q3 25
$-0.16
Q1 25
$-0.27
Q4 24
Q1 24
Q2 22
$0.00
Q1 22
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GAMB
GAMB
RCAT
RCAT
Cash + ST InvestmentsLiquidity on hand
$31.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.0M
$253.3M
Total Assets
$131.8M
$286.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAMB
GAMB
RCAT
RCAT
Q3 25
Q1 25
Q4 24
Q1 24
Q2 22
$31.1M
Q1 22
$33.1M
Stockholders' Equity
GAMB
GAMB
RCAT
RCAT
Q3 25
$253.3M
Q1 25
$28.9M
Q4 24
$27.0M
Q1 24
$49.6M
Q2 22
$85.0M
Q1 22
$91.6M
$83.3M
Total Assets
GAMB
GAMB
RCAT
RCAT
Q3 25
$286.0M
Q1 25
$59.7M
Q4 24
$51.1M
Q1 24
$55.3M
Q2 22
$131.8M
$85.1M
Q1 22
$139.6M
$90.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GAMB
GAMB
RCAT
RCAT
Operating Cash FlowLast quarter
$3.4M
$-23.9M
Free Cash FlowOCF − Capex
$-24.5M
FCF MarginFCF / Revenue
-254.2%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
59.96×
TTM Free Cash FlowTrailing 4 quarters
$-55.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAMB
GAMB
RCAT
RCAT
Q3 25
$-23.9M
Q1 25
$-15.9M
Q4 24
$-10.1M
Q1 24
$-4.1M
Q2 22
$3.4M
$-4.0M
Q1 22
$3.6M
$-3.5M
Free Cash Flow
GAMB
GAMB
RCAT
RCAT
Q3 25
$-24.5M
Q1 25
$-16.2M
Q4 24
$-10.2M
Q1 24
$-4.2M
Q2 22
Q1 22
$-3.5M
FCF Margin
GAMB
GAMB
RCAT
RCAT
Q3 25
-254.2%
Q1 25
-992.9%
Q4 24
Q1 24
-71.1%
Q2 22
Q1 22
-190.3%
Capex Intensity
GAMB
GAMB
RCAT
RCAT
Q3 25
6.9%
Q1 25
16.8%
Q4 24
Q1 24
0.8%
Q2 22
Q1 22
3.4%
Cash Conversion
GAMB
GAMB
RCAT
RCAT
Q3 25
Q1 25
Q4 24
Q1 24
Q2 22
59.96×
Q1 22
0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GAMB
GAMB

Performance Marketing$12.3M77%
Sports$3.8M24%

RCAT
RCAT

Products$8.5M88%
Services$1.2M12%

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