See more : Dongkuk Steel Mill Company Limited (001230.KS) 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.
You may be interested
- Nayax Ltd. (NYAX) Income Statement Analysis – Financial Results
- Hua Nan Financial Holdings Co., Ltd. (2880.TW) Income Statement Analysis – Financial Results
- Calbee, Inc. (CLBEY) Income Statement Analysis – Financial Results
- Carson Development Corporation (CDVM) Income Statement Analysis – Financial Results
- Union Bridge Holdings Limited (UGHL) Income Statement Analysis – Financial Results
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 Reports Fourth Quarter and Full Year 2022 Financial Results
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 reported its unaudited financial results for...
GAN Schedules 2022 Fourth Quarter and Full Year Financial Results Conference Call for March 30, 2023
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 will release financial...
Despite Fast-paced Momentum, GAN Limited (GAN) Is Still a Bargain Stock
GAN Limited (GAN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
GAN Announces Successful Launch of B2B Sports Betting Solution at WynnBet Sportsbook at Encore Boston Harbor
IRVINE, Calif.--( BUSINESS WIRE )--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of enterprise technology solutions for enabling real money internet gambling, has launched their B2B sports betting technology and trading solution, GAN...
GAN Announces Successful Launch of B2B Sports Betting Solution at WynnBet Sportsbook at Encore Boston Harbor
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of enterprise technology solutions for enabling real money internet gambling, has launched their B2B sports betting technology and trading solution, GAN Sports at...
GAN Announces Launch of Sports & iGaming in Mexico
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 online sports and casino under the Coolbet brand,...
GAN Announces Launch of Sports & iGaming in Mexico
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 online sports and casino under the Coolbet brand, today announced...
GAN Announces National Partnership with WynnBET as the Company's Third GAN Sports Client in the U.S.
IRVINE, Calif.--( BUSINESS WIRE )--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of enterprise technology solutions for enabling real money internet gambling, announced on Friday an exclusive national partnership for GAN Sports and...
GAN Announces National Partnership with WynnBET as the Company’s Third GAN Sports Client in the U.S.
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of enterprise technology solutions for enabling real money internet gambling, announced on Friday an exclusive national partnership for GAN Sports and Super RGS...
GAN Announces Departure of Chief Financial Officer
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 that it has...
Source: https://incomestatements.info
Category: Stock Reports