Gambling.com Group’s (NASDAQ:GAMB) stock traded down more than 20% in Thursday’s session after the company released its earnings report before the open. Gambling.com reported revenue of $23.5 million in Q3, up 19% from the same period last year. 

“Our third quarter results highlight our consistent performance driven by robust organic growth in North America,” Charles Gillespie, chief executive officer and co-founder of Gambling.com Group, said. “Even in what is traditionally a seasonally slow quarter, we grew new depositing customers 26% to surpass 86,000 which contributed to 19% revenue growth to $23.5 million, Adjusted EBITDA of $6.1 million and Free Cash Flow of $1.6 million.”