Notification of reformat of income statement in Kambi Group Plc
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.