GR

Grandstand Limited

GRSD · NASDAQ · Consumer Cyclical / Gambling

0.8267USD+0.01 (+1.65%)

Price History

Full chart

Market Stats

Previous Close0.8133
Open0.82
Day Range0.8101 – 0.848
52-Week Range1.50 – 2.41
Volume96.63K
Market Cap55.89M
P/E (TTM)0.00
Forward P/E17.67
EPS-1.06
Dividend Yield0.00%
Beta0.62
50-Day Avg1.86
200-Day Avg3.36

About

Grandstand Limited provides marketing and sports data services for the gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally. The company offers digital marketing, and consumer and enterprise data subscription services for iGaming and social casino products. It also provides intra group and ticketing services, as well as fantasy data. In addition, the company offers sports betting and fantasy sports data through its sports data platform and under the OddsJam, OpticOdds, and RotoWire brand names. Additionally, it operates various branded websites, including Gambling.com, Bookies.com, OddsJam, OpticOdds, RotoWire, Casinos.com, and Freebets.com. Further, the company operates BonusFinder.com; Spotlight.Vegas, an online booking platform that helps customers access experiences, such as live events and local attractions; and launched website to individual U.S. states and the Canadian states that provide local online gamblers with the news and analysis. The company was formerly known as Gambling.com Group Limited and changed its name to Grandstand Limited in July 2026. The company was incorporated in 2006 and is based in Saint Helier, Jersey.

Company Details

  • SectorConsumer Cyclical
  • IndustryGambling
  • CEOMr. Kevin McCrystle
  • Employees400
  • Headquarters22 Grenville Street, Saint Helier, Jersey, JE4 8PX, USA
  • Websitehttps://grandstand.com

Leadership

  • Mr. Charles Hanson GillespieCo-Founder & Executive Chairman of the Board · b. 1983
  • Mr. Kevin McCrystleCo-Founder, CEO & Director · b. 1983
  • Mr. Elias MarkChief Financial Officer · b. 1980
  • Mr. Peter McGoughVice President of Investor Relations
  • Ms. Ellen MonaghanSenior Vice President of People · b. 1985
  • William S. HansonPresident of GDC America
  • Mr. Max BichselExecutive Vice President of North America

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue76.51M108.65M127.18M165.45M
Growth (%)-+42.02%+17.05%+30.09%
Cost of Revenue2.96M9.11M7.54M15.26M
Gross Profit73.55M99.54M119.65M150.19M
Gross Margin96.13%91.61%94.07%90.78%
Operating Expense60.28M70.00M81.82M118.35M
Operating Income13.27M29.54M37.83M31.84M
Operating Margin17.34%27.19%29.74%19.24%
EBITDA----10.39M
EBITDA Margin----6.28%
Net Income2.39M18.26M30.68M-32.93M
Net Income Margin3.12%16.81%24.12%-19.90%
R&D6.76M10.29M--
R&D as % of Total Revenue8.84%9.47%--
Interest Expense971.00K900.00K2.80M7.60M
Interest Expense % of Total Revenue1.27%0.83%2.20%4.60%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets91.03M138.88M154.87M178.58M299.67M
Total Liabilities11.12M51.77M35.95M55.40M191.72M
Total Equity79.91M87.11M118.92M123.19M107.95M
Cash51.05M29.66M25.43M13.73M15.81M
Total Debt7.62M2.07M1.72M27.96M123.42M
Net Debt-43.42M-27.59M-23.71M14.23M107.61M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.75M17.91M37.64M19.10M
Investing Cash Flow----98.94M
Financing Cash Flow-7.31M-3.14M-5.24M81.47M
Capital Expenditure9.29M9.24M24.29M4.76M
Free Cash Flow9.47M8.67M13.35M14.35M
Dividends Paid0000
FCF to OCF50.48%48.39%35.47%75.10%
Dividend Paid to FCF0.00%0.00%0.00%0.00%

Earnings

Report DateAug 26, 2021Nov 18, 2021Mar 24, 2022May 31, 2022Aug 29, 2022Nov 17, 2022Mar 23, 2023May 18, 2023Aug 17, 2023Nov 15, 2023Mar 21, 2024May 16, 2024Aug 15, 2024Nov 14, 2024Mar 20, 2025May 15, 2025Aug 14, 2025Nov 13, 2025Mar 12, 2026May 15, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate0.070.06-0.120.010.05-0.170.110.100.19-0.120.16-0.230.150.160.200.12-0.040.07
EPS Actual0.120.130.030.150.090.06-0.120.200.180.140.170.190.200.250.230.460.370.260.300.09-0.13-
Surprise71.43%116.67%-25.00%800.00%20.00%-17.65%63.64%40.00%-10.53%-66.67%56.25%-100.00%146.67%62.50%50.00%-27.30%-225.00%-
TimingPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-Pre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-market-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap55.89M
Enterprise Value172.11M
Trailing P/E0.00
Forward P/E17.67
Price / Sales0.34
Price / Book0.52
EPS-1.06
Book Value2.94
Revenue (TTM)163.42M
Gross Profit (TTM)141.10M
EBITDA29.41M
Profit Margin-22.37%
Operating Margin6.45%
Return on Equity-29.92%
Return on Assets4.91%
Shares Outstanding35.60M
Shares Float19.57M
Beta0.62
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
34.70%
Insiders
39.60%
Retail / Other
25.70%

Top Institutional Holders

  • Awm Investment Company Inc
    2.49M6.99%
  • BlackRock Inc
    1.04M2.93%
  • ClearBridge Advisors, LLC
    651.05K1.83%
  • Morgan Stanley - Brokerage Accounts
    642.10K1.80%
  • Prescott Group Capital Management LLC
    427.96K1.20%
  • The Goldman Sachs Group Inc
    422.24K1.19%
  • UBS Group AG
    344.55K0.97%
  • Susquehanna International Group, LLP
    312.36K0.88%
  • Divisadero Street Capital Management, LP
    305.69K0.86%
  • T. Rowe Price Associates, Inc.
    300.19K0.84%
  • JRS LLC
    300.00K0.84%
  • Legal & General Group PLC
    264.64K0.74%
  • AQR Capital Management LLC
    261.95K0.74%
  • Tocqueville Asset Management L.P.
    260.00K0.73%
  • State Street Corp
    240.38K0.68%
  • Geode Capital Management, LLC
    239.81K0.67%
  • Jane Street Group LLC
    214.41K0.60%
  • Cornerstone Wealth Group, LLC
    197.78K0.56%

Top Fund Holders

  • Undly L&G Future World UK Eq Idx Fd
    477.16K1.34%
  • BSF Systematic US Eq Abs Ret A2 USD
    185.38K0.52%