We recently published 10 Best Small-Cap Stocks With Huge Potential According to Reddit as Market Looks Beyond AI Trade. Gambling.com Group Ltd is one of the best small-cap stocks according to Redditors.
Sports betting and performance marketing company Gambling.com is one of the most popular small-cap stocks on Reddit. However, many investors warned about the stock’s valuation and its volatile business model. The stock is down 66% so far this year. The company monetizes online gambling traffic and provides sports betting data and analytics.
Redditors like the stock because about half of its revenue is recurring, which includes marketing revenue shares and subscription-based sports data services. The company is diversifying its portfolio by forays into sports data and ticketing.
Earlier this month, the company posted its latest quarterly results. Earnings came in ahead of Wall Street estimates, but revenue fell short despite 21% annual growth.
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This article is originally published at Insider Monkey.
