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Gan Limited  (NASDAQ: GAN)
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Price: $1.7300 $-0.01 -0.575%
Day's High: $1.75 Week Perf: 0.58 %
Day's Low: $ 1.73 30 Day Perf: -2.81 %
Volume (M): 76 52 Wk High: $ 1.90
Volume (M$): $ 131 52 Wk Avg: $1.68
Open: $1.73 52 Wk Low: $1.17



 Market Capitalization (Millions $) 76
 Shares Outstanding (Millions) 44
 Employees 202
 Revenues (TTM) (Millions $) 136
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) 7
 Capital Exp. (TTM) (Millions $) 4

Gan Limited
GAN Limited is a Bermuda exempted holding company and through its subsidiaries, consists of two lines of business. We are a business-to-business ('B2B') supplier of enterprise Software-as-a-Service ('SaaS') solutions for online casino gaming, commonly referred to as iGaming, and online sports betting applications. Beginning with our acquisition of Coolbet, we are also a business-to-consumer ('B2C') developer and operator of an online sports betting and casino platform, which offers individuals located in select markets in Northern Europe, Latin America and Canada access to a digital portal for engaging in sports betting, online casino games and poker.
Our product strategy for GameSTACK is to provide a unified, flexible and highly scalable platform that can be rapidly deployed for SIM, RMiG, and online sports betting. In addition to our platform, we offer a range of development, marketing and customer support services designed to fast-track deployments and provide ongoing operational support following commercial launch.



Our GameSTACK platform and related support services are designed to help our customers rapidly launch and scale their iGaming and online sportsbook operations. Our iGaming offerings support both social, or 'freemium,' simulated online casino gaming in regulated and unregulated markets as well as RMiG for deployment in regulated markets. We measure the level of player engagement through key performance measures including Gross Operator Revenue, which we define as the sum of our B2B corporate customers' gross revenue from SIM, gross gaming revenue from RMiG, and gross sports win from sportsbook offerings, which we track for both SIM and RMiG operations.



Our GameSTACK customer base in the United States includes large regional operators as well as individual tribal casino operators that, combined, operate over 100 retail casino properties, racetracks and online sportsbooks. Our customers in the United States that are outside of the states with regulated online casino or sports betting markets generally operate on our social casino or simulated gambling applications. The largest portion of our U.S. business is in real money internet gambling with operators in the U.S. states where either (or both) internet casino gaming and sports betting are permitted by regulation.



We believe there is a large and growing number of additional potential new customers for GameSTACK in selected U.S. states that have formally passed online sports betting but have not yet implemented a regulatory framework for governing online real money iGaming in these states. Also, we believe that as newly regulated U.S. states such as Michigan generate real tax revenue for their respective state treasuries that more states will evaluate, develop, and pass online gaming legislation. The Company has the unique ability to absorb and support this expansion. For example, in January 2021, we simultaneously launched three operators online in Michigan, including our existing customer, FanDuel Group Inc.'s ('FanDuel') online casino and two new customers, Churchill Downs' brand TwinSpires and Wynn Resorts' WynnBET.

Our principal B2C offerings are real-money online sports betting, online casino and peer-to-peer poker. We offer these products directly to the end customer through our website, which is also available on tablet and mobile devices in markets predominantly across Northern Europe and Latin America. In order to attract and retain customers, we seek to provide a high-quality customer experience through a high speed mobile website, excellent customer service and attractive odds. With our own technology and sportsbook software, and in cooperation with recognized providers for odds data and game content, we strive to provide the best online sportsbook and iGaming offering available, and believe that positive word of mouth referrals allowed us to increase our revenues and acquire customers at a lower cost than our competitors.


   Company Address: 10845 Griffith Peak Drive Las Vegas 89135 NV
   Company Phone Number: 565-0550   Stock Exchange / Ticker: NASDAQ GAN


Customers Net Income grew by GAN's Customers Net Profit Margin grew to

87 %

20.65 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
HUYA        4.07% 
BILI        6.09% 
EVRI        0.11% 
GMGI        0.11% 
INSE        0.11% 
NVTS        0.11% 
• View Complete Report
   



Business Update

In a significant move that underscores its commitment to transparency and engagement with stakeholders, GAN...

Published Sat, Apr 12 2025 3:07 AM UTC

Gan Limited Schedules 2025 Annual Shareholders Meeting Amidst Dynamic Growth in Internet Gaming Sector In a significant move that underscores its commitment to transparency and engagement with stakeholders, GAN Limited (NASDAQ: GAN), a prominent player in the North American business-to-business (B2B) technology landscape for real money internet gaming solutions, has official...

Business Update

GAN Limited Charts a Course for Future Growth with 2025 Annual Shareholders Meeting in Las Vegas,

Published Fri, Apr 11 2025 6:17 PM UTC

GAN Limited Prepares for 2025 Annual Shareholders Meeting as It Fortifies its Global Foothold Las Vegas - A city synonymous with high-stakes decisions and transformative moments, will once again serve as the backdrop for another pivotal event in the gaming industry?s calendar: the Annual Shareholders Meeting of GAN Limited (NASDAQ: GAN). Taking place on June 26, 2025, this m...

Business Update

Suggestion GAN Secures Key Merger with SEGA SAMMY Amidst Dynamic Corporate Financial Landscape

Published Thu, Jun 27 2024 3:47 PM UTC

GAN Secures CFIUS Clearance for SEGA SAMMY Merger Amidst Fluctuating Corporate Performance IRVINE, Calif. - GAN Limited?s Recent Developments and Market Performance GAN Limited (NASDAQ: GAN), a North American frontrunner in B2B technology for real money internet gaming solutions, and an International B2C powerhouse in Internet sports betting, has announced a significant mil...

Gan Limited

Gan Limited Faces Challenges as Fourth Quarter 2023 Earnings Show Decrease in Revenue

Gan Limited, a leading North American B2B technology provider and International B2C operator in the gaming industry, has reported its unaudited financial results for the quarter and year ended December 31, 2023. The results show a decrease in revenue compared to the previous year, but also highlights the company's efforts to reduce its deficit per share and its growth potential under new leadership.
In the financial interval ending December 31, 2023, Gan Limited reported a loss of $0.21 per share, an improvement from $3.45 loss per share in the previous year. However, there was a slight increase in deficit from $0.18 per share in the prior reporting season. The company's revenue also declined by 16.867% to $30.72 million from $36.95 million in the comparable reporting season a year ago, but sequentially it saw a 3.012% surge from $29.82 million.

Management Changes

GAN Limited Appoints Seamus McGill as CEO; Company Focuses on Growth Amidst Industry Challenges

Published Thu, Feb 15 2024 1:00 PM UTC



In a recent announcement, GAN Limited, a prominent North American B2B technology provider of real money internet gaming solutions, revealed the appointment of Mr. Seamus McGill as the company s Chief Executive Officer. Mr. McGill, previously serving in an interim capacity, will now lead GAN Limited s strategic initiatives and guide the organization through a crucia...







Gan Limited's Segments
Transferred at Point in Time    56.19 % of total Revenue
Transferred over Time    43.81 % of total Revenue
Business to Business B2B    44.14 % of total Revenue
Business to Consumer B2C    55.86 % of total Revenue
Platform and Content License Fees Business to Business B2B    22.96 % of total Revenue
Development Services and Other Business to Business B2B    21.18 % of total Revenue
Sportsbook Business to Consumer B2C    21.03 % of total Revenue
Casino Business to Consumer B2C    32.82 % of total Revenue
Poker Business to Consumer B2C    2.02 % of total Revenue
UNITED STATES    37.96 % of total Revenue
Europe    32.78 % of total Revenue
Latin America    22.52 % of total Revenue
Rest of the World    6.74 % of total Revenue
One Customer Revenue B2B Segment    0 % of total Revenue





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