Gentoo Media has completed a comprehensive review of its financial reporting, conducted by its Audit Committee with support from external counsel and the appointed group auditor. The review identified several errors in previously reported financial statements, including misstatements that were initially considered immaterial during the 2024 audit, as well as newly discovered items.

The Board of Directors concluded that the aggregate impact of these errors is material, necessitating a restatement to ensure complete and accurate financial reporting.

Restated periods include:

• Audited consolidated financial statements for the fiscal year ended 31 December 2024
• Unaudited consolidated interim financial statements for Q3 and Q4 2024
• Unaudited consolidated interim financial statements for Q1 and Q2 2025

The Q3 2025 Interim Report (published 18 November 2025) outlines the corrected figures. The review reduces reported revenue and profit for 2024 while increasing revenue and profit for the six months ending 30 June 2025. There is no impact on cash.

The restatement reflects Gentoo Media’s commitment to transparency and high-quality financial reporting, particularly following its separation from GiG’s Platform and Sportsbook operations. The company emphasizes ongoing efforts to strengthen financial controls, reporting accuracy, and governance standards.

Gentoo Media will continue to maintain open communication with investors, analysts, and stakeholders to provide clarity on the adjustments and their implications.