See more : Nissou Co.,Ltd. (1444.T) Income Statement Analysis – Financial Results
Complete financial analysis of GAN Limited (GAN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GAN Limited, a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
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GAN Limited (GAN)
About GAN Limited
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. The company operates in two segments, B2B and Business-to-Consumer (B2C). It offers and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming. The company also offers online sports betting, online casino game, and peer-to-peer poker services through its coolbet.com website, as well as a range of development, marketing, and customer support services designed to deploy and provide ongoing operational support for its software systems. It serves regional operators and individual tribal casino operators. The company was incorporated in 1999 and is headquartered in Irvine, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 129.42M | 141.53M | 125.43M | 35.16M | 29.97M | 14.02M | 12.31M | 9.62M | 8.86M | 11.73M | 20.32M | 8.94M |
| Cost of Revenue | 38.70M | 41.63M | 41.37M | 10.47M | 11.98M | 11.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 90.72M | 99.89M | 84.06M | 24.69M | 17.99M | 2.13M | 12.31M | 9.62M | 8.86M | 11.73M | 20.32M | 8.94M |
| Gross Profit Ratio | 70.10% | 70.58% | 67.02% | 70.22% | 60.02% | 15.18% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 40.22M | 26.35M | 21.66M | 11.03M | 4.52M | 5.01M | 6.10M | 4.50M | 3.56M | 3.02M | 2.98M | 0.00 |
| General & Administrative | 36.66M | 46.91M | 48.81M | 24.83M | 15.09M | 10.23M | 6.77M | 6.22M | 8.69M | 9.98M | 9.88M | 6.16M |
| Selling & Marketing | 28.97M | 28.10M | 22.19M | 5.05M | 3.49M | 0.00 | 10.80M | 9.15M | 7.94M | 5.81M | 5.03M | 3.76M |
| SG&A | 65.63M | 75.00M | 71.00M | 29.87M | 15.09M | 10.23M | 17.57M | 15.37M | 16.63M | 15.79M | 14.92M | 9.93M |
| Other Expenses | 15.19M | 23.28M | 16.92M | 3.26M | 0.00 | 0.00 | -303.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 121.03M | 124.62M | 109.58M | 44.16M | 15.09M | 10.23M | 17.85M | 16.05M | 17.16M | 15.89M | 17.74M | 10.46M |
| Cost & Expenses | 159.73M | 166.26M | 150.95M | 54.63M | 27.07M | 22.12M | 17.85M | 16.05M | 17.16M | 15.89M | 17.74M | 10.46M |
| Interest Income | 0.00 | 1.25M | 32.00K | 3.00K | 15.00K | 8.00K | 0.00 | 0.00 | 0.00 | 0.00 | 24.85K | 29.26K |
| Interest Expense | 4.72M | 336.61M | 2.00K | 395.00K | 127.00K | 448.00K | 157.96K | 21.00K | 19.00K | 67.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 17.16M | 23.28M | 16.81M | 3.26M | 4.32M | 6.19M | 788.43K | 1.02M | 752.10K | 603.13K | 485.38K | 1.17M |
| EBITDA | -13.15M | -7.62M | -10.90M | -16.21M | 6.92M | -2.24M | -4.47M | -4.73M | -7.02M | -3.45M | 5.88M | 178.79K |
| EBITDA Ratio | -10.16% | 117.52% | -6.85% | -46.12% | 25.54% | -13.58% | -36.28% | -49.24% | -79.15% | -29.42% | 28.96% | 2.00% |
| Operating Income | -30.31M | 143.05M | -25.52M | -19.47M | 2.47M | -8.20M | -5.26M | -5.75M | -7.77M | -4.06M | 5.40M | -988.22K |
| Operating Income Ratio | -23.42% | 101.08% | -20.34% | -55.38% | 8.25% | -58.45% | -42.69% | -59.80% | -87.64% | -34.56% | 26.57% | -11.06% |
| Total Other Income/Expenses | -3.99M | -1.05M | 408.00K | -392.00K | -13.00K | -440.00K | -157.96K | 25.88K | -495.50K | 104.42K | 24.85K | -565.62K |
| Income Before Tax | -34.31M | -193.56M | -25.11M | -19.86M | 2.36M | -8.64M | -5.69M | -6.41M | -8.26M | -4.06M | 2.60M | -1.55M |
| Income Before Tax Ratio | -26.51% | -136.76% | -20.02% | -56.50% | 7.88% | -61.58% | -46.23% | -66.63% | -93.23% | -34.56% | 12.79% | -17.38% |
| Income Tax Expense | 138.00K | 3.94M | -208.00K | 353.00K | 574.00K | -934.00K | 996.34K | 1.77M | 858.28K | 134.00K | 762.03K | 1.77M |
| Net Income | -34.44M | -197.50M | -24.90M | -20.22M | 1.79M | -7.70M | -4.70M | -4.63M | -7.41M | -4.06M | 1.84M | 211.30K |
| Net Income Ratio | -26.61% | -139.55% | -19.85% | -57.50% | 5.97% | -54.92% | -38.14% | -48.17% | -83.55% | -34.56% | 9.04% | 2.36% |
| EPS | -0.78 | -4.66 | -0.59 | -0.75 | 0.09 | -0.39 | -0.07 | -0.07 | -0.13 | -0.07 | 0.04 | 0.00 |
| EPS Diluted | -0.78 | -4.66 | -0.59 | -0.75 | 0.09 | -0.39 | -0.07 | -0.07 | -0.13 | -0.07 | 0.04 | 0.00 |
| Weighted Avg Shares Out | 44.18M | 42.36M | 42.02M | 27.01M | 21.37M | 19.65M | 70.05M | 64.65M | 55.86M | 55.84M | 46.02M | 43.33M |
| Weighted Avg Shares Out (Dil) | 44.18M | 42.36M | 42.02M | 27.01M | 23.42M | 19.65M | 70.05M | 64.65M | 55.89M | 55.86M | 45.97M | 43.36M |
GAN Announces Launch of GAN Sports with Red Rock Resorts, Inc. under the STN Sports Brand
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that Red Rock Resorts, Inc....
GAN Announces Changes to its Board of Directors
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced changes to its Board of...
GAN LIMITED INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GAN Limited - GAN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of GAN Limited (NasdaqCM: GAN) to Sega Sammy Creation Inc. Under the...
GAN stock soars on takeover deal with Sega Sammy
GAN Limited shares surged 83% to $1.63 in midday trading on Wednesday after the sports-betting technology provider agreed to be acquired by Sega Sammy Holdings, a Japanese company known for its arcade and video games. Sega Sammy said it will pay $1.97...
GAN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GAN Limited Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GAN Limited (NASDAQ: GAN) to Sega Sammy Creation Inc. for $1.97 per share in cash is fair to GAN shareholders. Halper Sadeh encourages GAN...
Why Is Gan (GAN) Stock Up 94% Today?
Gan (NASDAQ: GAN ) stock is rocketing higher on Wednesday after the software-as-a-service solutions company announced an acquisition deal with Sega Sammy Creation. Sega Sammy Creation, a wholly-owned subsidiary of Sega Sammy (OTCMKTS: SGAMY ), is acquiring Gan for $1.97 per share...
GAN Announces Definitive Agreement to be Acquired by SEGA SAMMY CREATION
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that the Company has entered...
GAN Receives Regulatory Approval from the Nevada Gaming Commission
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has received regulatory...
GAN Announces Leadership Transition
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, announced that its Board of Directors has...
GAN Limited (GAN) Reports Q2 Loss, Misses Revenue Estimates
GAN Limited (GAN) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.21 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports