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Gentoo Media’s share price has plummeted after the company announced €24.8 million in Q1 2025 revenue, down 11% from €28.0 million in the same quarter last year. Top Crypto Casino in Saudi Arabia – BitStarz Ranked #1

The affiliate also announced a reduction in EBITDA margin from 48% to 33%. The company reported a 127.8% reduction in profit, moving from €9.7 million in Q124 profit to €2.7 million in Q125 loss. 

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Gentoo’s leadership has asserted that the company is “well-placed to resume growth in the second half of the year” and expects to see full-year revenues “broadly in line with 2024” and an annual EBITDA margin between 40% and 45%. 

However, Gentoo shareholders do not share management’s optimism. The share price fell to its lowest value year-to-date, falling by over 16.8% in reaction to the company’s results.

Last week, CasinoBeats reported that the Malta-headquartered business was in the process of laying off approximately 100 employees. This followed leadership’s implementation of a “broader strategic reorganisation,” which also saw the departure of the Chief Sales Officer and Chief Technology Officer. 

Sources close to the company suggested the underperformance of two flagship Gentoo properties was a significant factor in the company’s proposed restructuring.

The quarterly report outlines that “recovery efforts continued for Casinotopsonline.com and Time2play.com.” CasinoTopsOnline saw a €1.9 million revenue decline year over year. 

As previously outlined, Time2Play has seen a 94.25% decrease in traffic from its peak, with CasinoTopsOnline attracting under 5,000 monthly visitors. Traffic markedly declined after Google’s Fall 2023 Core Review updates, which penalized sites using SEO strategies such as content-scraping, cloaking, and auto-generated content. 

Despite previous Google updates heavily impacting the company’s portfolio, the first quarter report suggests that the March core update has had a “net positive impact across Gentoo Media’s publishing portfolio.” 

The report also reveals Gentoo has initiated a targeted consolidation of its portfolio, which now focuses on 70 high-potential websites in “key long-term growth markets.” 

During the earnings call, the CEO revealed that regulatory shifts in Brazil saw some websites lose 90% of players, and the disruption was heavier than anticipated. 

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Cost-optimization measures are a trend across multiple affiliates, with Catena Media also reporting poor first-quarter results. The company is initiating 50 additional redundancies in response to the 40% reduction in EBITDA for the first quarter. 

The Catena Media share price has hit a historic low, settling at just over 13% down at the time of writing. 

Speaking on the company’s earnings call, CEO Manuel Stan stopped short of promising no further cuts. “While we cannot commit that this will be the last cuts we make, I think we genuinely believe that this puts us in a very good place to deliver significantly improved profitability in the following quarters,” stated Stan.

This was after Stan assured investors on the November 2024 earnings call that the company did “not foresee any further staff cuts in the near future.”