Gentoo Media Reports a 23% Revenue Decline to €22.7M in Q3 2025
The international affiliate company “Gentoo Media” released its Q3 2025 results, showing a significant drop in financial performance. The iGN editorial team highlights the following key figures:
- €22.7M — revenue (-23% YoY from €29.5M)
- €9.3M — adjusted EBITDA (-32% YoY from €13.7M)
- 41% — EBITDA margin (46% one year earlier)
- €8.6M — operating cash flow (-9% YoY)
- €3.6M — cash balance
- €14.5M — Revenue Share income, 64% of total (-14% YoY)
- €3.0M — CPA income, 13% of total (0% YoY)
- €5.2M — listing fees, 23% of total (-46% YoY)
- €6.0M — marketing expenses (-13% YoY from €6.9M)
- €7.4M — operating expenses (-17% YoY from €8.9M)
CEO Jonas Warrer noted that the restructuring has delivered results. October recorded the highest monthly revenue of the year, up 15% compared to September, and November is shaping up even better for the company. Gentoo Media maintains its 2025 forecast of €100–105M in revenue and €40–43M in EBITDA. The forecast for free cash flow in 2025 has been raised from €27–30M to €31–34M.
In March, a new CFO was appointed, which strengthened financial oversight. An internal review revealed technical errors in previous reporting, making a data recalculation necessary. During the recalculation, it was found that H1 2025 revenue was higher by €1.2M, EBITDA by €2.2M, and equity lower by €4.9M. The company emphasizes that these are technical adjustments and not related to misconduct.