#Denmark #Copenhagen #iGaming #Gentoo Media #RCF Agreement

Gentoo Media's New RCF Agreement Enhances Strategic Flexibility

Gentoo Media has made significant strides in its financial management by successfully renegotiating the terms of its revolving credit facility (RCF) agreement. Announced in conjunction with the company's Q2 reporting, this move is designed to better align with Gentoo Media's strategic objectives while providing more operational leeway in the coming years.

Key Terms of the Renegotiated Agreement

The updated terms of the RCF, which totals EUR 25 million with EUR 23 million already drawn, include an important waiver for the covenants concerning the leverage ratio and interest coverage. This waiver not only eases the burden on the company's financial ratios but sets the stage for new strategic initiatives moving forward.

Increased Interest Costs

One of the notable elements of the renegotiated agreement is the temporary increase in interest costs. Until September 2026, Gentoo Media will incur an additional EUR 350,000 in interest expenses. While this may seem like a cost burden, it allows the company to secure a more robust financial framework that supports long-term growth ambitions.

Flexible Covenants

The revised covenants also grant greater flexibility, which is essential as Gentoo Media eyes opportunities in 2026 when both the current RCF and its bonds are set to mature. By reducing the constraint of covenants, the company can explore various strategic alternatives to optimize its financial position during this critical period.

Minimum Cash Balance

Furthermore, the new agreement stipulates a minimum monthly cash balance of EUR 3 million. This stipulation ensures that Gentoo Media maintains adequate liquidity to manage its day-to-day operations effectively while pursuing its strategic objectives.

Management's Perspective

In light of these changes, Gentoo Media's management expressed satisfaction with the agreement, emphasizing that the new terms facilitate a coherent financial structure through 2026 and align with their long-term aspirations. The management team is confident that the revised agreement will bolster the company’s ability to adapt and respond to market challenges and opportunities while ensuring sustainable growth for all stakeholders.

Timeline for Implementation

The commercial terms were solidified by the end of October, with all new addendums to the existing RCF agreement scheduled to be signed by November 12, 2025. This timeline reflects Gentoo Media’s commitment to promptly operationalizing the terms to benefit its strategic plans.

About Gentoo Media

Founded as a leading player in the iGaming world, Gentoo Media connects online operators with high-value players through its comprehensive lead generation and compliance solutions. Its portfolio includes well-regarded platforms such as AskGamblers, Time2Play, CasinoTopsOnline, WSN, and Casinomeister, which have gained the trust of millions of users across the globe. Through a commitment to innovation, transparency, and strategic partnerships, Gentoo Media is well-poised to deliver sustainable growth and success in the competitive iGaming market.

For further details, stakeholders and interested parties can reach out to:

• - Mikael Harstad, Chairman of the Board - mikael.harstad@g2m, +44 7376 74852
• - Mads Haugegaard Albrechtsen, CFO - [email protected], +45 3070 1041.

With a firm commitment to strategic excellence, Gentoo Media demonstrates how adaptive financial strategies can foster resilience and long-term success in a dynamic industry.