Kambi Q3 operating profit triples as revenue rises 23% to $52 million

Kambi Group reported a sharp increase in operating profit to €5.1 million ($5.76 million) in the third quarter of 2026, up from €1.6 million in 2025 , while revenue rose 23% year over year to €46 million ($51.98 million). The sports betting technology provider also recorded a 161% increase in adjusted EBITA to €7.9 million ($8.93 million) , with its adjusted margin rising to 17.3% from 8.2%. Following the results, Kambi revised its full-year adjusted EBITA guidance to approximately €26 million ($29.38 million) , from its previous range of €23 million ($25.99 million) to €27 million ($30.51 million), despite Brazil's…