Gambling.com: Subscription Revenue Will Catalyze The Stock Rally

  • GAMB stock has underperformed by 20% since my last coverage. This doesn't invalidate my thesis, as the underlying fundamentals remained intact. The subscription revenue increased by more than 400% in the first quarter. Illustrating Gambling.com's transition from an affiliate marketer to a data provider. Management has reiterated its intentions to buy back more shares to take advantage of this discounted valuation.