Gentoo Media has revealed that its Audit Committee, with support from external counsel and the appointed group auditor, has completed a comprehensive review of the company’s financial reporting. The review identified several errors in previously reported financial information, including misstatements previously considered immaterial in the 2024 audit, as well as newly discovered items. Collectively, these errors were deemed material, prompting a restatement to ensure accurate and reliable reporting.

As a result, Gentoo Media will restate figures in:

• The audited consolidated financial statements for the year ended 31 December 2024.
• The unaudited consolidated interim financial statements for Q3 and Q4 of 2024.
• The unaudited consolidated interim financial statements for Q1 and Q2 of 2025, including necessary adjustments to affected line items and disclosures.

The Q3 2025 Interim Report, published on 18 November 2025, details the corrected amounts. The net impact reduces reported revenue and profit for 2024 while increasing revenue and profit for the six months ending 30 June 2025, with no impact on cash.

Gentoo Media emphasized that the restatement reflects its commitment to transparency and high-quality financial reporting, particularly following its separation from GiG’s Platform and Sportsbook operations. Strengthening financial controls remains a priority in 2025, and the company plans to continue enhancing reporting accuracy, governance standards, and operational integrity.